Online Only Pastor Charged With 3.2 Million Crypto Fraud, Said GOD Told Him To Do It.
Church folks are at it again....pastor charged with $3.2 million crypto fraud! how in the heck can an online-only church scam so many people? An online-only pastor was charged with civil fraud for selling a cryptocurrency that regulators described as “practically worthless.” His explanation: God told him to do it — although it’s possible he “misheard.” Colorado’s securities commissioner filed a legal complaint against Eligio Regalado, who goes by Eli, and his wife, Kaitlyn Regalado, last week. The couple raised nearly $3.2 million by targeting Denver’s Christian community with the cryptocurrency, marketed as INDXcoin, the complaint said." Source Here