Who you pointin' at, Reverend?
Posted on 03/31/2018 9:07:56 PM PDT by MNDude
One of former President George W. Bush’s spiritual advisers was indicted for fraud and money laundering, federal prosecutors said Thursday.
Rev. Kirbyjon Caldwell, 64, was accused of luring in vulnerable and elderly investors to buy over $1 million in Chinese bonds with zero value, promising the victims a large return, but instead Caldwell allegedly used the funds he received to pay off loans, credit cards, cars, and mortgages, instead of investing the money, as he promised, Fox News reported.
Also accused was Gregory Alan Smith, 55, a financial adviser from Texas who allegedly helped Caldwell sell the worthless bonds to people.
“Instead of investing the funds, the defendants used them to pay personal loans, credit card balances, mortgages, vehicle purchases and other personal expenses,” U.S. Attorney Alexander Van Hook said in a news release.
The victims deserve the blame - like expecting a huge return on Chinese bonds?
You always do you your homework before you make ANY financial investment. Period.
If it sounds too good to be true, it probably is.
Sounds like Congress and social security trust. One man’s crime is the same as our legislative government’s every day business.
Get rich quick scams are dime a dozen.
Maybe one day they’ll grow money on trees...
Who you pointin' at, Reverend?
No, but I’m seriously considering this machine that turns straw into gold. Absolutely amazing, and only runs 25,000. 8>)
A fool and his money are soonest parted...
He Must Have Heard That There Is No Hell!!! lol
Just hang on Christians. There's a housecleaning coming.
Praise God, it can't get here soon enough to suit me.
I'm certainly tired of hearing this demon-inspired trash. And, I'm tired of being surrounded by progressives.
I'm beginning to think there is no cure for stupid.
No, no, no, I have seen it in action. It’s amazing. 8>)
If its from your Nigerian prince, I hope you sent him a post-dated check.
If his folks ever show up with the consignment...
Another false minister bites the dust.
Hahahahaha! Fake scripture!
Just heard a great new joke:
Q. What's the difference between a Protestant and a Jesuit?
A. The Protestant admits he isn't Catholic.
Article failed to mention the Reverend endorsed Obama
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.