Below is another example of a Ponzi scheme targeting Christians. A reminder that we should not just trust someone merely on the basis that they profess a Christian faith.
“In the end, Patrick Kiley’s booming radio voice was softened, only able to apologize for scamming hundreds of victims of Trevor Cook’s Minneapolis-based Ponzi scheme.
Before he was sentenced Monday to 20 years in a federal prison, Kiley, 75, said that to apologize fully would require more than the two minutes the court gave him to speak.
He didn’t get the extra time.
“I take responsibility for what I believed in, for which I was wrong,” Kiley said.
U.S. District Chief Judge Michael Davis, who presided over Kiley’s trial last summer and the legal consequences of Cook’s $194 million Ponzi scheme, said that if Kiley’s case were a routine federal crime, Kiley wouldn’t have received such a severe sentence.” Full Story Click Here
James L. Paris