Wife of alleged Ponzi Scheme mastermind says husband's innocent - Fox29 WFLX TV, West Palm Beach, FL-news & weather

Wife of alleged Ponzi Scheme mastermind claims husband is innocent

Philippe Bourciquot Philippe Bourciquot
  • Fox 29 Daily HeadlinesMore>>

  • Trump leads aggressive, all-out GOP drive to save Kavanaugh

    Trump leads aggressive, all-out GOP drive to save Kavanaugh

    Monday, September 24 2018 2:52 AM EDT2018-09-24 06:52:33 GMT
    Monday, September 24 2018 7:04 PM EDT2018-09-24 23:04:16 GMT
    (AP Photo/Manuel Balce Ceneta). FILE - In this Sept. 5, 2018, file photo, Supreme Court nominee Brett Kavanaugh testifies before the Senate Judiciary Committee on Capitol Hill in Washington. Combat won out over caution. White House aides and congressio...(AP Photo/Manuel Balce Ceneta). FILE - In this Sept. 5, 2018, file photo, Supreme Court nominee Brett Kavanaugh testifies before the Senate Judiciary Committee on Capitol Hill in Washington. Combat won out over caution. White House aides and congressio...

    The new accusation came just a few hours after negotiators had reached an agreement to hold a public hearing Thursday for Kavanaugh and Christine Blasey Ford, who accuses him of sexually assaulting her at a party when they were teenagers.

    More >>

    The new accusation came just a few hours after negotiators had reached an agreement to hold a public hearing Thursday for Kavanaugh and Christine Blasey Ford, who accuses him of sexually assaulting her at a party when they were teenagers.

    More >>
  • 'Rocket Man' to 'Terrific': Trump lauds Kim in UN return

    'Rocket Man' to 'Terrific': Trump lauds Kim in UN return

    Monday, September 24 2018 12:51 AM EDT2018-09-24 04:51:38 GMT
    Monday, September 24 2018 7:03 PM EDT2018-09-24 23:03:07 GMT
    (AP Photo/Richard Drew, File). FILE - In this Sept. 19, 2017 file photo, U.S. President Donald Trump addresses the 72nd session of the United Nations General Assembly, at U.N. headquarters. Trump will be joined by other populist leaders at the 73rd Gen...(AP Photo/Richard Drew, File). FILE - In this Sept. 19, 2017 file photo, U.S. President Donald Trump addresses the 72nd session of the United Nations General Assembly, at U.N. headquarters. Trump will be joined by other populist leaders at the 73rd Gen...

    Trump will stress his dedication to the primacy of U.S. interests while competing with Western allies for an advantage on trade and shining a spotlight on the threat that he says Iran poses to the Middle East and beyond.

    More >>

    Trump will stress his dedication to the primacy of U.S. interests while competing with Western allies for an advantage on trade and shining a spotlight on the threat that he says Iran poses to the Middle East and beyond.

    More >>
  • 4 dead, including suspect, after Maryland warehouse shooting

    4 dead, including suspect, after Maryland warehouse shooting

    Thursday, September 20 2018 10:38 AM EDT2018-09-20 14:38:29 GMT
    Friday, September 21 2018 12:48 AM EDT2018-09-21 04:48:06 GMT
    Multiple people are dead after a female gunman opened fire at a Rite Aid warehouse Thursday morning in Aberdeen, MD, north of Baltimore. (Source: WJZ/CNN)Multiple people are dead after a female gunman opened fire at a Rite Aid warehouse Thursday morning in Aberdeen, MD, north of Baltimore. (Source: WJZ/CNN)
    Multiple people are dead after a female gunman opened fire at a Rite Aid warehouse Thursday morning in Aberdeen, MD, north of Baltimore. (Source: WJZ/CNN)Multiple people are dead after a female gunman opened fire at a Rite Aid warehouse Thursday morning in Aberdeen, MD, north of Baltimore. (Source: WJZ/CNN)

    Authorities say multiple people have been shot in northeast Maryland in what the FBI is describing as an "active shooter situation".

    More >>

    Authorities say multiple people have been shot in northeast Maryland in what the FBI is describing as an "active shooter situation".

    More >>

By Jeff Skrzypek

SUBURBAN LAKE WORTH, FL (WFLX) - The wife of an accused Ponzi Scheme mastermind spoke out on Tuesday night saying her husband is innocent, and that the incident is a giant misunderstanding.

Financial crimes investigators with the Florida Department of Law Enforcement raided the office of Philippe Bourciquot in Suburban Lake Worth Thursday. They arrested Bourciquot after investigators said he stole millions of dollars from poor, Haitian immigrants.

"If I ask you to loan me some money, you accept to do it. What is wrong with that?" said Celina Bourciquot, the wife of the suspect.

Celina Bourciquot claims she was not involved in her husband's business. She said from what she knows, her husband took money from people as loans to be paid back with interest. "When you steal something, you hide. He didn't hide nothing."

Investigators said Philippe Bourciquot used the airwaves of a radio station to lure investors. They said he promised lucrative returns, but instead used the money to fund his lavish lifestyle. "There's this element of trust, and that's what's probably most upsetting to the victims," said Michelle Suskauer, a criminal defense attorney.

In past cases involving Ponzi Schemes, Suskauer said, victims have been given back some of their money. It is rare according to Suskauer. "I tell them to wait and believe that my husband will be set out," said Celina Bourciquot.

The family of the suspect said he is expected to be in court on Wednesday and bail could be set by a judge.

Investigators with FDLE did not want to comment any further on the case.

Copyright 2014 WFLX. All Rights Reserved.

Powered by Frankly

1100 Banyan Blvd.
West Palm Beach, FL 33401

FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2018 Raycom Media. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.