Posted inColorado Denver (Colo) Frauds and Swindling Ministers (Protestant) Regalado, Eligio Regalado, Kaitlyn Securities and Commodities Violations Suits and Litigation (Civil) Virtual Currency
Pastor Charged With Cryptocurrency Fraud Said God Told Him to Do It
In a civil action, prosecutors in Colorado said that a Denver pastor and his wife created and sold a cryptocurrency that was “practically worthless” and then pocketed more than $1 million.