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Treasure Enterprise Case News

Michigan pastor accused of financial fraud worth millions

Michigan pastor accused of financial fraud worth millions

March 30, 2017  | Posted by: treasure receiver

FLINT — Federal regulators are accusing a pastor in Michigan of fraud, saying he used the Bible to persuade retirees and laid-off auto workers to invest more than $6 million with him. The Securities and Exchange Commission says the Rev. Larry… Continue Reading  

SEC: Flint, Michigan Pastor Defrauded Churchgoers, Laid-Off Auto Workers

SEC: Flint, Michigan Pastor Defrauded Churchgoers, Laid-Off Auto Workers

March 30, 2017  | Posted by: treasure receiver

(Reuters) – A Flint, Michigan pastor has been charged by the U.S. Securities and Exchange Commission with running a $6.7 million fraud in which he misled churchgoers, retirees and laid-off auto workers hoping for real estate riches by appealing to their faith. Continue reading