The arrest of Christian ponzi schemer Ephren Taylor seemingly underscores a worrisome trend in organized religion.
29-year-old Ephren Taylor is the latest Christian ponzi schemer make the news for using the faithful and trusting to bilk what the Securities and Exchange Commission (SEC) says was $11 million from churchgoers in a massive ponzi scheme. But even on initial first glance, the case appears to have depressing parallels with that of notorious and wide-scale “affinity fraud” perpetrator Bernie Madoff, who similarly preyed on Jewish organizations, charities and hospitals- Holocaust survivor Elie Wiesel’s organization lost more than $15 million to the scam before it was uncovered and Madoff was thrown in jail.
Read more at
Christian Ponzi Schemer’s Megachurch Scam Preyed on Faithful
Bookmarks