Creative Capital Consortium, LLC, et. al.

U.S. SECURITIES AND EXCHANGE COMMISSION

CORRECTED

Litigation Release No. 21297 / November 16, 2009

COURT ENTERS JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF AGAINST DEFENDANT GEORGE L. THEODULE

Securities and Exchange Commission v. Creative Capital Consortium, LLC, et. al., Case No. 08-81565-CIV-Hurley/Hopkins (S.D. Fla.)

The Commission announced that on October 22, 2009, the United States District Court for the Southern District of Florida entered a Judgment of Permanent Injunction and Other Relief against Defendant George L. Theodule. The Judgment, entered by consent, enjoins Theodule from violations of Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934. The Judgment also orders Theodule to pay disgorgement with prejudgment interest and a civil penalty in amounts to be determined by the Court upon the Commission's motion.

The Commission commenced this action by filing its Complaint on December 29, 2008, against Theodule and his two companies, Creative Capital Consortium, LLC and A Creative Capital Concept$, LLC. The Complaint alleges violations of the antifraud provisions of the federal securities laws in connection with a Ponzi scheme through which the defendants raised at least $23.4 million from thousands of investors in the Haitian-American Community nationwide.

For additional information, see Litigation Release No. 20840 (December 30, 2008).