Brad Heinrichs, who quoted scripture as he sold more than 100 investors into an $82 million Ponzi scheme, was sentenced to a decade of supervised probation and house arrest, not the 69 years in prison ...
EDITOR’S NOTEBOOK: Christian Ponzi Schemes, and Elevation Worship Ticket Prices
Brad Heinrichs quoted scripture as he targeted Christian investors, telling them that his real estate deals were done to help build God’s Kingdom and help “the little guy” have the same opportunities as high rollers. ...
A Texas radio host was sentenced to three life prison sentences Monday for a Ponzi scheme in which he bilked elderly listeners out of millions of dollars.
A Michigan pastor has been sentenced to more than eight years in prison for defrauding investors through a Ponzi scheme while his co-conspirator will spend three and a half years behind bars.
In 2009, a conman bilked members at Bethel Church in Redding, California, out of more than $650,000. Now, two shysters peddling a Ponzi scheme have reportedly struck the controversial megachurch again—this time defrauding investors of ...
25 years ago, in May of 1995, The Wall Street Journal published a series of stories that led to the downfall of the Foundation for New Era Philanthropy. New Era was a financial scandal that ...
