Word: haitianization
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...busted a $23.4 million affinity Ponzi scheme aimed at the Haitian-American community that was operated by George Theodule and his Creative Capital Consortium LLC and Creative Capital Concepts...
Like any good affinity fraud, Theodule allegedly tapped into the trust of his people - in this case, Haitian immigrants - and used unregistered investment clubs that fly under the SEC radar to make his scam work. The funds were said to be used for new Haitian-American business ventures in the U.S., Haiti and Sierra Leone. He even used the gambit of a fake investment-club regulatory agency he called Smart Investment Management Services LLC to add a measure of security and to tout independent verification. (See the top 10 scandals...
...country after the storms, but that means it's a likely destination for the survivors of the storms. Increased migration puts an added burden on the capital's limited and overtaxed resources. Indeed, there was very little in terms of first responders when La Promesse collapse. A Haitian fire department exists but in name only. It also apparently gets imaginary money: $50,000 budgeted to repair fire engines and other faulty equipment has never materialized. Meanwhile, the estimated 100 or so firemen are really police officers. "It's a non-number," says a former government security administrator. "They should...
...Without Borders) has set up mobile clinics, distributed water and constructed a temporary hospital in Gonaives, since the government hospital was completely destroyed during Hurricane Hannah in late August. In hard-to-reach areas, however, malnutrition is growing and the food supply shrinks. Daily food insecurity affects 40% of Haitian homes. In the small town of Belance, MSF discovered that 25 children have already died of malnutrition. "We fear that this is only the tip of the iceberg," says Dr. Henriette Chaouillet of the World Health Organization...
...Haiti A School's Sorrow Several students were injured after a school collapsed in Port-au-Prince on Nov. 12, less than a week after the devastating collapse of a different school building in nearby Pétionville, which killed more than 90 people. Haitian President René Préval has blamed poor construction methods and materials for the disasters, amid concerns that similar buildings may also be at risk...