Ponzi scheme

Christian radio host gets 3 life prison terms for bilking listeners

By Associated Press — November 2, 2021
FORT WORTH, Texas (AP) — 'Doc Gallagher is one of the worst offenders I have seen,' said Lori Varnell, chief of the Tarrant County District Attorney’s Elder Financial Fraud team.

Judge freezes accounts of Florida church caught up in alleged Ponzi scheme

By Jack Jenkins — May 24, 2019
(RNS) — The lawyer representing the pastors and the West Palm Beach church argued that the church can’t be forced to turn over money given as donations because it’s a nonprofit religious institution.

Bishop Eddie Long sued over alleged Ponzi scheme

By Adelle M. Banks — February 18, 2013
(RNS) Bishop Eddie Long is facing a suit from former members of his suburban Atlanta megachurch who say he encouraged them to invest in a company that was operating an alleged Ponzi scheme.
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