Two former executives of a Coral Springs trucking company were ordered to pay back over a million dollars after the company was found to be operating a $112 million Ponzi scheme, according to federal officials.
Ricardi Celicourt and Brisly Guillaume, former investor relations executives of Royal Bengal Logistics Inc., are facing legal blowback from an under-the-table operation that sold unregistered securities to mostly Haitian-American investors, the Securities and Exchange Commission said.
Meanwhile, RBL’s founder, Sanjay Singh, was prosecuted in a criminal case and sentenced to 23 years in prison after a jury found him guilty of conspiracy, wire fraud and money laundering in 2024. He’s appealing…