Following a lawsuit from the New York Attorney General in June, the SEC has filed a lawsuit against the promoters of the NovaTech crypto pyramid scheme and affinity fraud. Cynthia and Eddy Petion particularly targeted victims of Haitian descent, promoting their schemes in Creole, leveraging their victims’ religion, and promising them “financial freedom” and “freedom from the plantation”.The SEC’s lawsuit also targets six other promoters of the NovaTech scheme, all of whom the agency says used “religious overtones” when attracting new investors. Ultimately, the scheme was revealed to be a Ponzi scheme, with new investors’ money being used to pay out previous investors, as the promoters also took money for themselves.