Caribbean Creators Alliance Under Investigation
The St Vincent Times has received credible reports indicating that Vincentians from various sectors—politicians, civil servants, bankers, doctors, police officers, teachers, and the unemployed—have suffered significant losses from investments made in a company called Creators Alliance.
Creators Alliance presents itself as a platform for video content creation, claiming to offer lucrative returns for individuals who “invest” in its packages. According to the company’s website, it describes itself as “the world’s leading short video content creation and distribution platform.”
Information obtained by the St Vincent Times reveals that nearly 15,000 Vincentians are engaged with the program. Reports suggest that individuals called (merchants) from St Lucia have been facilitating the payment process, transporting money back and forth between the two islands.
“You cannot purchase USDT, which is a stablecoin in the crypto space, that they have been using to pilot this scam. People had to buy it from outside, and these merchants were the ones handling such transactions”, an Indvidual with knowledge of such programs told the St Vincent Times.
Social media activity indicates that Creators Alliance has been operating from the Bahamas as its Caribbean headquarters for several months. The platform appears to have been established in 2020, at least in its current form.
The Royal Bahamas Police Force confirmed that it has initiated an investigation into allegations that Creators Alliance is a suspected Ponzi scheme. Chief Superintendent Sharea King stated that authorities are actively gathering information and urged affected individuals to step forward.
Reports have surfaced indicating that similar entities under the name Creators Alliance in St. Lucia and Puerto Rico have also ceased payments. Participants in those countries are reportedly searching for their managers, with some alleging identity theft and other fraudulent activities.
In light of the growing concerns, Shiro Hing, an alleged manager of Creators Alliance, issued a statement to reassure users:
“I want to take a moment to address the concerns that have arisen over the past few hours. Creators Alliance has not crashed. Instead, we have made an elaborate shift to a new system that will greatly enhance security, efficiency, and overall user experience. Earlier today, I spoke with our founder, Mark Eddo, regarding these changes. He assured me that this transition was a necessary step in strengthening the platform and ensuring long-term sustainability for all members.
While we understand that this shift may have caused temporary disruptions, please know that this was all part of a carefully planned upgrade. We sincerely apologize for any inconvenience this may have caused. Rest assured that all salaries will be processed and received within the next few hours as final adjustments to the system are completed. We appreciate your patience, trust, and commitment to Creators Alliance. If you have any questions or need assistance, our support team is available to help.”
