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Treasure Enterprise Case News

SEC accuses Michigan pastor of leading $6.7 million real estate fraud scheme

SEC accuses Michigan pastor of leading $6.7 million real estate fraud scheme

April 3, 2017  | Posted by: treasure receiver

A Michigan pastor allegedly bilked church members, retirees, and laid-off autoworkers out of millions of dollars by convincing them to invest in a “successful” real estate scheme, the Securities and Exchange Commission said last week. According to the SEC, Larry… Continue Reading  

SEC files civil fraud charges against Flint pastor who targeted retirees

SEC files civil fraud charges against Flint pastor who targeted retirees

March 30, 2017  | Posted by: treasure receiver

FLINT, MI — A Flint pastor faces civil fraud charges filed by the Securities and Exchange Commission and his assets have been frozen. Larry Holley, 59, pastor of Flint-based Abundant Life Ministries, exploited church members, retirees and laid-off auto workers… Continue Reading  

Michigan pastor accused of financial fraud worth millions

Michigan pastor accused of financial fraud worth millions

March 30, 2017  | Posted by: treasure receiver

FLINT — Federal regulators are accusing a pastor in Michigan of fraud, saying he used the Bible to persuade retirees and laid-off auto workers to invest more than $6 million with him. The Securities and Exchange Commission says the Rev. Larry… Continue Reading  

SEC: Flint, Michigan Pastor Defrauded Churchgoers, Laid-Off Auto Workers

SEC: Flint, Michigan Pastor Defrauded Churchgoers, Laid-Off Auto Workers

March 30, 2017  | Posted by: treasure receiver

(Reuters) – A Flint, Michigan pastor has been charged by the U.S. Securities and Exchange Commission with running a $6.7 million fraud in which he misled churchgoers, retirees and laid-off auto workers hoping for real estate riches by appealing to their faith. Continue reading