The Haitian Times · PUBLISHER SUMMARY

New York seeks $1.3 billion from NovaTech founders accused of defrauding Haitian investors

24 October 2026, 1:58 pm EDT

New York seeks $1.3 billion from NovaTech founders accused of defrauding Haitian investors
Source: The Haitian Times. Image availability depends on the publisher.

New York Attorney General Letitia James is asking a court to order Cynthia and Eddy Petion, the founders of the collapsed cryptocurrency company NovaTech, to pay $1.3 billion for their roles in an alleged investment fraud scheme that targeted Haitian and other immigrant communities. The request, announced Thursday, Oct. 22, follows an August 2025 default judgment against the couple, who fled the country, according to a statement released by the attorney general’s office. new-

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