Friday, July 03, 2009

Christian ponzi scheme goes bad

DSC_4188 It must be like shooting fish in a barrel.

Pastor Vaughn Reeves and his sons were retuned to Indiana by U.S. Marshals to faces charges of security fraud.

The men are accused of duping about 11,000 people into buying bonds for church construction projects, diverting money from new investments to pay off prior investors in a Ponzi scheme and pocketing about $6 million.

11,000 people invested $120 million.

The men are accused of duping about 11,000 church members into buying bonds worth $120 million by urging them to fulfill their "Christian responsibility" to support church construction projects, according to a probable cause affidavit. The men said the bonds would be handled by their brokerage firm, Alanar Inc.

I bet they weren't real Christians. Real Christians would not steal a pensioners life savings, right? Thou shall not steal. I’m pretty sure that is in the bible. Hell, if I get the message, I would expect a pastor to get it too. Right?

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mikespeir · 825 weeks ago

I don't understand why Real Christians would've gotten taken, either. Why, the gift of discerning of spirits (1 Cor 12:10) should have protected them.
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Jack 119p · 825 weeks ago

I think what you are forgetting is that the Christian bible is magic and only reveals it's true meaning to deluded Christians. Even when you find a passage with an extremely clear apparent meaning, you must have a deluded Christian tell you what it really means.
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mikespeir · 825 weeks ago

Yeah, vjack. That's always a problem. (Although I'm sure you meant "deluded" as a euphemism for "enlightened.") Somehow they never mean what I think they mean. What's confusing is that they mean different things at different times, depending on the matter under discussion.
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matt 68p · 825 weeks ago

if the bible were the "literal" word of god then it would not be subject to any interpretation, it could be taken literally, but every religion has their own "religious interpretation" of what they think the bible actually means, so as to fit their own needs at the moment

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