Crazy Money Day – Pastor Ponzi Scheme
It’s Crazy Money Day!
On July 27th, U.S. authorities charged three Maryland men with wire fraud and money laundering in a $28 million Ponzi scheme. Posing as pastors concerned about peoples’ financial freedom, they defrauded people through a program called “First Million”, a wealth management and financial literacy firm that guaranteed monthly rates of return of 6% to 35%.
When something sounds too good to be true, it probably is. If you or someone you know has been scammed, turn to the Lord. Ask Him for help in restoring what you’ve lost. I’ve seen Him take care of victims in remarkable ways. He’s a God of vengeance and justice. And He can turn ashes into beauty.
For more Biblical principles and practical advice, visit crown.org.