A federal judge has approved claims procedures in a lawsuit that seeks to repay thousands of victims, many of them Haitian-Americans in Florida, defrauded in a Ponzi scheme that operated in 2007 and 2008.
Victims of the $68 million Ponzi scheme by George Theodule, a banker with Wachovia (later bought out by Wells Fargo), can now submit claims that the court-appointed receiver will evaluate. Those eligible will receive a piece of the $5 million-plus settlement.
Federal Judge Daniel T.K. Hurley approved the claims procedures and distribution process in early April.
Claim forms can be downloaded from www.creativecapitalreceivership.com