Investors Accuse Bishop Eddie Long’s Megachurch Of Fraud Conspiracy

Source: AP / CBS News

Lithonia, Ga. – Embattled megachurch pastor Bishop Eddie Long is facing more legal troubles. Ten former members of Long’s New Birth Missionary Baptist Church who attended investment seminars hosted by the church say they lost their retirement savings, and they’re suing the pastor and New Birth for conspiring to defraud them.

The ex-members say Long used his power as a pastor to get them to invest in the financially troubled City Capital Corp., reports CBS affiliate WGCL.

The plaintiffs said in a lawsuit that in 2009, Long invited Ephren Taylor, then CEO of the company, to speak at New Birth, and that Taylor told members how they could get rich. Instead, the plaintiffs said they lost all of their money.

U.S. Secret Service spokesman Mark Ritchie says agents have seized laptops from employees at New Birth in Lithonia, Ga.

One church member, Lillian Wells, says she lost $122,000, her entire life savings.

To read this article in its entirety visit CBS News.

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  • http://twitter.com/chandlerwindham chandler windham

    The only people surprised by this are the one’s that sat in that B.S church after those flicks came out! 

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