"Colorado Pastor Allegedly Scams Congregation of $3.2M in Cryptocurrency Scheme, Blames Divine Guidance"

TL;DR Summary
Colorado pastor and his wife are accused of pocketing $1.3 million through a cryptocurrency fraud scheme, claiming that the Lord told them to do it. They marketed their cryptocurrency, INDXcoin, to Christian communities in Denver, promising wealth through investment. The couple allegedly spent investors' funds on personal expenses, including a home remodel, luxury items, and travel. They are charged with securities fraud and are scheduled to appear in court. The Colorado Securities Commissioner urges those who invested in INDXcoin to contact the authorities.
- Colorado pastor accused of pocketing $1.3M in crypto scheme says 'Lord told us to' Yahoo News
- Pastor blows proceeds from $3 million crypto scam on home renovations, blames ‘the Lord’ AOL
- Pastor Eli Regalado blames Jesus for bad crypto advice in $3.2M scam (video) Boing Boing
- Colorado pastor faces fraud charges after targeting congregation in alleged $3.2 million cryptocurrency scheme 9News.com KUSA
- Pastor Said God Told Him To Remodel Home After Selling $1.3M Worth Of 'Worthless Crypto' To Followers Benzinga
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
3 min
vs 4 min read
Condensed
88%
697 → 83 words
Want the full story? Read the original article
Read on Yahoo News