2/24/13

And Jesus Wept: Bishop Eddie Long Sued Over Ponzi Scheme!


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New Birth to Bishop Long, You knew it was a PONZI SCHEME and we were being ROBBED!
And Jesus Wept: Bishop Eddie Long Sued Over Alleged Ponzi Scheme
Oh Boy, , the saints are mad at Bishop Eddie Long…again. For the past few years, the leader of New Birth Missionary Church has had a difficult time in the public eye. And now, we’ve learned that some church members are taking him to court. Literally. Why? They claim an assistant of Long’s had been warned that an individual brought to New Birth soliciting investments was running his business with a $3 million deficit. Black Enterprise reports that the suit states that if Long had not described Ephren W. Taylor as his “friend,” they would have never invested — and then lost. What was the end result? They lost nearly $1 million. The church released the following statement:
“We remain hopeful that Ephren Taylor and companies related to him restore the funds that were taken from congregants at New Birth and churches around the county. We continue to cooperate as the case proceeds.” 

Watch this investigative report from CBS 2 Atlanta very interesting!
What do you think? Should the church or the Bishop be responsible for ‘misleading’ members into an investment? Or is it their own responsibility to be educated about their finances?

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