The Christian Post
By Leonardo Blair, Senior Reporter
An online pastor and his wife are facing civil fraud charges in Colorado for selling some $3.2 million in a worthless cryptocurrency they created called “INDXcoin” to hundreds of Christians while claiming that God said the investment would make them wealthy.
Colorado Securities Commissioner Tung Chan filed the charges against Eligio “Eli” and Kaitlyn Regalado of Denver, INDXcoin, LLC, Kingdom Wealth Exchange LLC and other parties connected to sales of the cryptocurrency for alleged violations of the anti-fraud, licensing and registration provisions of the Colorado Securities Act, the Colorado Department of Regulatory Agencies said in a release. More Here
Another ugly hit for God’s Church……..
Gallup: Nearly all professions show some decline in honesty/ethics ratings New lows for clergy, Congress members, senators, pharmacists, journalists. Nurses top list for 22nd consecutive year. More Here
