Pastor Frauds His Followers of Millions of Dollars in Cryptocurrency on 'God's Order'

Pastor Frauds His Followers of Tens of millions of {Dollars} in Cryptocurrency on ‘God’s Order’

Top Stories By Jan 31, 2024 No Comments

Colorado: A pastor within the US has been arrested for a cryptocurrency fraud price round $3.2 million.

In keeping with media experiences, Colorado pastor Eli Regaldo and his spouse defrauded their church followers out of thousands and thousands of {dollars} by selling a dormant cryptocurrency that the pastor claims was God’s will. .

Eli Regaldo and his spouse Caitlin began a passive cryptocurrency platform as a protected and high-profit funding and inspired individuals to spend money on it, saying that the whole lot was ordered by God. Each are presently within the custody of the native safety company the place the investigation is on.

In keeping with the Colorado Division of Securities, the couple used INDXcoin to solicit individuals to spend money on it by their cryptocurrency trade when in reality their cryptocurrency trade was inactive.

Regaldo, in his confession, stated that it was all God’s work, however he admits that he might have misunderstood God’s phrase. “At first I advised God I did not wish to do it,” Regaldo stated. I do not know the way to do that and I’ve no expertise on this discipline. Additionally, I do not wish to get caught in any crime, however in accordance with the pastor, God nonetheless compelled me to do that.

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