Authorities are raiding an office building in suburban Lake Worth. They say they have arrested a Haitian man who they believe has scammed fellow Haitians into giving him money – perhaps millions – to invest in stocks and then, instead, took the money for himself.

The raid on Philippe Bourciquot’s offices in the Hypoluxo Center in the 1700 block of South Military Trail began this morning. A spokesman with the Florida Department of Law Enforcement says they have been investigating the alleged crime since October 2013 and that the man could have pocketed millions.

Spokesman Maurice Spates said Bourcitquot took advantage of people new to the country who didn’t understand how such finances work. He said, “Once he gained their trust, he would take from them, steal from them.”

Bourciquot allegedly sought ‘investors’ at churches and with advertisements on local Haitian radio stations.

One man at the scene, who didn’t wish to give his name, said he has seen Bourcitquot at church and has friends who invested with the man, though, he said, they have no complaints.

Source:Palm Beach Post