|January 14, 2011
Contact: Whitney Ray
Phone: (850) 245-0150
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TALLAHASSEE, FL - Attorney General Pam Bondi along with J. Thomas Cardwell, Commissioner of the Florida Office of Financial Regulation today announced the arrest of a woman on charges she allegedly defrauded investors in an investment scheme targeting the South Florida Haitian-American community. Margarette Dubois-Jean, 58, of Plantation was arrested today on charges of organized fraud and grand theft.
Allegedly, Dubois-Jean, manager of One Creative Idea, LLC recruited victims through the use of investment seminars, encouraging them to invest in a program where she would guarantee a 100% return on their investment within a few months. Dubois-Jean presented herself as a veteran investment broker who knew how to successfully invest in the options market. The investigation revealed that over the course of numerous months, beginning in 2008 and ending in 2009, Dubois-Jean defrauded investors of approximately $145,000. These investments, as reflected in bank records, were deposited into Dubois-Jean’s personal banking accounts and used for personal expenses such as rent and travel. The scheme unraveled with the fall of the financial markets in 2009, and none of the victims have ever received any return on their investment.
Dubois-Jean has been charged with one count of organized fraud and one count of grand theft, both of which are first-degree felonies. If convicted Dubois-Jean could receive up to 30 years in prison. Dubois-Jean is being prosecuted by the Attorney General’s Office of Statewide Prosecution in Miami-Dade Circuit Court.