Ponzi Scheme Archives - MinistryWatch
Victims describe financial devastation and find support through faith.
Hundreds of investors allegedly lost millions in a Ponzi scheme involving California real estate partnerships. Many victims were Christians who trusted Kenneth Mattson through church connections. Now they are finding support in one another.
AI and pastors, Ponzi scheme settlement, UMC General Conference delayed, Wheaton rescinds Bilezikian’s title, and Bill Gothard resigns
ONE YEAR AGO: On Feb. 29, 2024, MinistryWatch reported about the use of artificial intelligence by pastors in creating, developing, and repurposing sermons. Read more here. TWO YEARS AGO: On March 6, 2023, MinistryWatch reported that Toronto-Dominion ...
The following stories had the most page views at the MinistryWatch website during the month of August. We present them here in a “countdown” format, from 10 to 1. The first few sentences of each story are ...
Debra Mae Carter received life in prison for laundering millions of dollars
A woman from Texas—the mistress of Christian radio host William Neil Gallagher— has been sentenced to life in prison for her role in a Ponzi scheme. Debra Mae Carter, 65, was found guilty of money ...
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 ...
