Hearing Postponed Into Alleged $23 Million Ponzi Scam
A federal judge has postponed until Tuesday a hearing for a man who allegedly swindled at least $23.4 million from Haitian-Americans in South Florida. U.S. District Judge Donald Middlebrooks signed a temporary restraining order freezing all of George Theodule's assets in 25 accounts. SEC officials have accused Theodule of using his business as a front for a Ponzi scheme, promising investors a 100 percent return in three months.
