Marguerite Martial Jean Busted for $3.4 Million Ponzi Scheme that Targeted Haitian-American Church Goers

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Given the high profile cases of Bernie Madoff, Scott Rothstein and Allen Stanford, the image of a Ponzi schemer is usually that of some rich white guy with a cigar hanging out of his mouth praying on already well-off investors, but not all schemers fit that bill. Marguerite Martial Jean, a 38-year-old Haitian-American woman has been arrested and charged with running a $3.5 million Ponzi scheme that targeted members of South Florida's Haitian American community and members of her church.

Authorities alleged that Jean used her two companies, MMJ's Warehouse and VLM Enterprise, to lure members of her church into an investment scheme. Jean promised returns as high as 22 percent, and claimed she was buying and selling rice in India with the money.

Instead the money Jean collected went to her personal bank account. She used the income to pay off previous investors, as well as to finance her own lifestyle.

Jean enticed about 293 people to invest in the scheme between January 2007 and October of last year.

Jean is charged with one count of securities fraud, one count of grand theft and one count of organized scheme to defraud.

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21 comments
unknown
unknown

marguerite and gary jean is volers they both need to b in the seem place in prison and if anybody thinks differently that means u was with them and u need to go where they going point blank simple because if u defending someone that comes to another person house and smiles in their faces like everythings good and make phony phone call to no one and then proceed to gave that person a check and then come to find out the checks were all fake and then they have the nerves to argue with u about your own money that you work hard for like it was theirs and we borrowed the money from them and now we're bugging them for it ( thats funny ) and i know this because she did it to my mom in front of me so if you think they shouldnt b punish then u need to b with them

Yon Victim
Yon Victim

Se pas 293 moun seulment Marguerite voleur lagen yo, Li fer yo pran largent sou kay ba li. Gen moun ki pas ka parler se plein yo ap plein, mim mari moun yo pas konen sa Marguerite fe yo. Se pour yo ba li 25 ans prizon epuis van tout sa li genyin pour yo remet moun yo largent yo. Pa bliye pran mari li Gary tout pasque misye se yon chat tout. Amweeeeeeeeee Bare Volerrrrrrrrrrrrrrrrrrrrrrr

youtubetomp3converter
youtubetomp3converter

They're telling half of the story. A white dude is behind it. She's just the face

Cupilove2002
Cupilove2002

gad fe je marguerite yo bare li nan volerrrrrrrrrrrrrrrrrrrrrrrrrrr men ras martial sa volerrrr

Cupilove2002
Cupilove2002

aniicolas seems like you 1 of her member the fbi need to take a good look at you volerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

Cupilove2002
Cupilove2002

vole yo kenbew ato manman chat wa kite mal propte se pou yo fout ou yon 25n ans prizon makak wa kaka ....................... konn se po

Matthew Earl
Matthew Earl

Another day, another ponzi scam in Miami. smh

bon moun
bon moun

haitian pap kite chat, yo panse isit se payis pa yo. 50ans prizon, apres deportel nan payil la fe res lan la.

jojo
jojo

why everebody keep on talking about marguerite, what about Garry Jean the husband he was part of the scam too.

BECUZ I SAID SO
BECUZ I SAID SO

@Cupilove2002 seems like u got alot 2 say...r u a victim? if so LMAO @ U cuz obviously ur not as smart as u think u r...lol lol u stupid as FUKK

Adormeus
Adormeus

i think u should come take a look at me since u r take n so personal.

Adormeus
Adormeus

nah i think u should come take a look me at since u r taken dis so personal.

Anicolas
Anicolas

guys dont blieve everything you read ok its not the way they the media and the so-called victims make sound like.

victim
victim

I DO NOT FEEL BAD FOR HER HUSBAND HE KNEW VERY WELL WHAT WAS GOING ON. ( LI DEPOSE TOUT LAGENT YO EN HAITI.) IF SHE IS BACK BETTER FOR HER, OR THE OFFICIALS IN HAITI SHOULD KNOW ABOUT IT AND BRING HER ALSO TO JUSTICE., OTHERWISE 50 YEARS IN JAIL HERE IN USA.

MARIEL
MARIEL

YOU MUST BE HER PARTNER I KNOW THIS LADY SHE LIVE NEXT TO ME EVERYDAY PEOPLE IS LOOKING FOR HER I FEEL SORRY FOR HER CHILDREN AND HER HUSBAND .. GOD DONT LIKE UGLY

BECUZ I SAID SO
BECUZ I SAID SO

when u know da facts ...then u speak, other wise put up or shut up.... n dis case SHUT UP!!

Adormeus
Adormeus

since you live next to her you must no dat im her partner but dats to bad u cant do jack bout dat. Mr knowing all da facts.

Adormeus
Adormeus

since you live next to her you must no dat im her partner but dats to u cant jack bout Mr knowing all da facts.

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