More than 18 months have passed since the high-profile investment platform Creators Alliance abruptly collapsed, leaving thousands of regional investors facing devastating financial losses. Now, the ongoing investigation into the fraudulent scheme has reached a new milestone, with Saint Lucia’s Financial Intelligence Authority (FIA) bringing seven fresh money laundering charges against Electra Fernand, a resident of Massade, Gros Islet.
The newly filed charges center on approximately $1.062 million in illicit funds allegedly tied to the now-defunct Creators Alliance project, and represent a separate line of inquiry from prior charges leveled against Fernand in connection with the scheme.
Fernand made her first court appearance on the new charges Wednesday at Saint Lucia’s First District Court, where she was granted bail ahead of upcoming legal proceedings. This is not Fernand’s first encounter with regulators over the Creators Alliance case: back in May 2025, she was among six people charged with operating an unlicensed virtual asset business, a violation of the island nation’s Virtual Asset Business Act.
Of that original group of six defendants, court records show one individual entered a guilty plea in May 2026. The remaining five defendants, including Fernand, remain out on bail as they await trial on the 2025 unlicensed business charges. While those proceedings move forward, FIA investigators have continued to unpack the full scope of alleged financial misconduct linked to Creators Alliance, work that ultimately yielded the seven new money laundering counts against Fernand.
To understand the context of the charges, it is necessary to revisit the origins of the scheme. Creators Alliance first began soliciting investors across Saint Lucia and the broader Caribbean region starting in June 2024. It marketed itself as a revolutionary digital content platform, where investors could purchase access packages and earn guaranteed returns by creating and uploading short-form videos. Early participants in the scheme did receive small payouts, a common tactic used by fraudulent investment operations to build trust and draw in more capital.
That narrative quickly unraveled by early 2025. Investor payments stalled abruptly, and within months, the Creators Alliance platform shut down entirely. When the closure came, countless investors were left with no way to recoup the funds they had poured into the project.
FIA investigators have concluded that Creators Alliance was structured as a pyramid-style scam, a fraudulent model that relies on constant inflows of new investor money to pay returns to early participants, rather than generating legitimate profits. When new investments stopped flowing in, the scheme inevitably collapsed, leaving thousands of people across Saint Lucia and the Caribbean with major financial losses.
Under Saint Lucia’s current Money Laundering (Prevention) Act, each money laundering charge against Fernand carries a severe maximum penalty: convicted offenders can face fines of up to $1 million, and up to 15 years of imprisonment, or both.
In the wake of the new charges, FIA has issued a renewed public warning about the risks of unregulated investment offerings. Regulators are urging all members of the public to exercise extreme caution before committing funds to any investment opportunity that is not properly authorized or registered. The agency also advises investors to always seek independent professional financial advice, and to verify the licensing and legitimacy of any investment entity before transferring any money.