Friday, November 1, 2013

Florida Pastor Pleads Guilty to Wire Fraud In $5 Million Ponzi Scheme

Pastor Charles Kennedy of Tampa has been accused of illegally wiring $5 million in Ponzi scheme.  It's very sad at age 71 years old, he's facing some serious time in prison.  However, if he repents, it never too late for God to set him free, if he seriously sorry what he did.  He must be, he pleaded guilty, so there's hope.
According to ChristianPost.com, prosecutors argued that Kennedy and some cohorts in Colorado took as much as $5 million from investors across the country October 2005 through December 2008, reported Ryan Parker of the Denver Post.
In the meantime, we will keep Pastor Charles Kennedy in our prayers.

Fla. Pastor Pleads Guilty to Ponzi Scheme, Could Face 20 Years in Prison

By Michael Gryboski, Christian Post Reporter

A pastor in Florida has recently pleaded guilty to the charges of orchestrating a Ponzi scheme that may have stolen millions from investors and could face up-to 20 years in prison.

Pastor Charles Lawrence Kennedy Jr., a 71-year-old resident of Tampa, pleaded guilty Wednesday in...Read full article, here.


Source and Photo: ChristianPost.com

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