Michigan Pastor Sentenced to Eight Years in Prison for Running Ponzi Scheme
October 12, 2021
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.
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Ponzi Scheme Strikes Bethel Church
December 2, 2020
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 ...
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25 Years Ago: John Bennett and the Foundation for New Era Philanthropy
May 21, 2020
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 ...
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