Kirkland Pastor Pleads Not Guilty in $13M Church Investment Fraud Case

3 min read
Source: KOMO
Kirkland Pastor Pleads Not Guilty in $13M Church Investment Fraud Case
Photo: KOMO
TL;DR

Cristian Popescu, a pastor in Kirkland, pleaded not guilty to federal charges of wire fraud and money laundering. Prosecutors allege he defrauded over 30 church members of $13 million by promoting a nonfunctional tech company called Followone Inc. Popescu faces a trial in December 2026 and was released on electronic monitoring.

Key points

  • Cristian Popescu, 46, was arraigned in U.S. District Court in Seattle on October 13, 2026, facing 10 counts of wire fraud and 5 counts of money laundering.
  • The indictment alleges Popescu used his role as pastor of Passion for Christ in Kirkland to recruit investors for Followone Inc., a Bellevue-based company he claimed was a global marketplace and social network.
  • Prosecutors state the platform was nonfunctional, and Popescu used fake press releases, expensive office space, and shell companies to maintain the illusion of success.
  • Popescu allegedly told investors that God had chosen them to invest, urging them to drain retirement accounts and college savings to reach a $1 million threshold for board positions.
  • The scheme involved transferring over $4.5 million to Popescu and his family, with Popescu paying himself over $1 million in wages between 2017 and 2024 despite the company having only three employees.
  • Popescu was released on electronic monitoring over prosecutors' objections, with his trial set for December 21, 2026.

Background

This case follows a pattern of high-profile fraud schemes involving trusted figures, such as the recent sentencing of Siddharth Jawahar for a $35 million Ponzi scheme that defrauded professional athletes. Unlike the Jawahar case, which involved traditional investment vehicles, Popescu’s scheme relied on religious authority and fabricated technology. The FBI’s involvement highlights a broader effort to track complex financial frauds that exploit trust within communities.

How outlets are covering it

Both KOMO and MyNorthwest.com report the core facts of the indictment, including the $13 million total, the 30+ victims, and the specific charges. KOMO emphasizes the personal financial gains Popescu made, including wages paid to himself and his wife, while MyNorthwest focuses on the deceptive tactics used to maintain the illusion of success, such as the false claim that Followone was worth $1.4 billion. Neither outlet reports on the current status of the victims' funds or any restitution efforts, focusing instead on the legal proceedings and the defendant's plea.

Why it matters

The case underscores the risks of financial decisions made under the influence of religious leaders and highlights the potential for severe penalties, including up to 20 years in prison for wire fraud. It also raises questions about the oversight of church-affiliated investment opportunities and the need for victims to seek legal counsel when facing pressure from trusted figures.

What to watch

The next major step is the trial scheduled for December 21, 2026. Prosecutors will need to present evidence of the wire fraud and money laundering, while Popescu's defense will likely challenge the validity of the indictment and the interpretation of his actions. The outcome could set a precedent for cases involving religious leaders accused of financial misconduct.

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