"Denver Pastor Claims Divine Guidance in $1.3M Crypto Scheme"

1 min read
Source: FOX 31 Denver
"Denver Pastor Claims Divine Guidance in $1.3M Crypto Scheme"
Photo: FOX 31 Denver
TL;DR

Denver pastor and his wife admitted to pocketing $1.3 million from customers in an alleged cryptocurrency scheme targeted at Christians, with the couple creating, marketing, and selling a cryptocurrency called "INDXcoin" through the "Kingdom Wealth Exchange." The couple used the money for personal expenses, including luxury items and vacations, despite promising to "tithe" and "sow" in causes that helped widows and orphans. The Colorado Securities Commissioner filed civil fraud charges against the pastor and others involved in the $3.2 million scam.

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