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Open Door pastor tied to private investment scheme
The McNaughtons moved to Lorain County in 1996 and built a private fund with Andrew Lech, promoting up to 40 percent returns to church members and others. Authorities label the arrangement as possible Ponzi-like fraud, with promissory notes and Haven Equity transfers masking investor funds. Investors faced delayed payments as regulators froze Lech and McNaughton assets. Gary McNaughton was ordered to repay millions.
MENTIONED IN THIS ARTICLE
McNaughton
Calvary Baptist Church
Oshawa
Ontario
Nancy
Aimee
Karen
Alan
Lorain County
North Ridgeville
McNaughtons
Andrew Lech
Lech
Ontario Securities Commission
Andy Lech
Ito
Log
Nancy AiNaughton
Soring Church of the Open Door
Tim Guenther
David Walls
Open Door Christian School
Ohio
SEC
Commerce Department
Dennis Ginty
Ohio Department of Commerce
Mike
Lorain
Joe
Open Door
Gary
Lewis
OSC
Andy
Rich Johnson
Amherst
Johnson Mortgage Services
Cincinnati
Butternut Ridge
Johnson