SEC Charges Creative Legal Fundings CEO Maria Dickerson with Operating Multimillion Dollar Ponzi Scheme that Targeted Filipino-American Community

The Securities and Exchange Commission today charged Maria Dulce Pino Dickerson and her companies Creative Legal Fundings in CA and The Ubiquity Group LLC with raising approximately $7 million from more than 130 investors through a fraudulent securities offering targeting members of the Filipino-American community across the United States. According to the SEC’s complaint, from approximately March 2021 through May 2023, Sacramento, California resident Dickerson convinced investors to acquire interests in Creative Legal Fundings by falsely claiming that she would use their investments to make loans to personal injury attorneys to fund their lawsuits. In exchange, Dickerson allegedly claimed, Creative Legal Fundings would receive a portion of any eventual settlements or recoveries.