Con men fleecing God's flocks
State securities regulators warn con artists use religious endorsement to push investment swindles. A NASAA survey details schemes across 15 states draining hundreds of millions from believers, with victims including a U.S. congressman. Robbed congregations span black Protestant, Greek Orthodox, and Hispanic Catholic communities.
MENTIONED IN THIS ARTICLE
Washington
John C. Baldwin
North American Securities Administrators Association
Baldwin
Utah Division of Securities
National Organization of
NASAA
Council of Better Business Bureaus
James H. Mclhenny
Better Business Bureau Council
U.S
Rep
William Dickinson
Ala
Steven Streit
Alabama
Robert Rash
Alabama Securities Commission
Streit
Huntsville
Rash
Associated Press
Utah
Massachusetts
Missouri
Esraél
Arthur Borden
Evangelical Council For Financial Accountability
Borden
Council