Wednesday, May 9, 2012

Nightline: Christian Benrie Madoff charged with massive Ponzi scheme

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Son of a preacher, Ephren Taylor, is  accused of Ponzi Scheme. He used churches to pitch his Ponzi scheme  including the ministry of Joel Osteen. . Taylor's "Christian prosperity" offered a 20 per cent return. Authorities are trying to locate the alleged scam artist. 

The SEC says businessman aimed to "swindle" $11 million from Christian churchgoers.
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