Source: AP / theGio
ATLANTA – A North Carolina businessman involved in an investment program at an Atlanta-area megachurch where former members claim they lost their retirement savings says he’s taking action to “make things right.”
A group of church members is suing New Birth Missionary Baptist Church and its pastor, Bishop Eddie Long, saying they conspired with businessman Ephren Taylor Jr. to defraud the members through “wealth-building” seminars and sermons in 2009.
“In my case and that of my former company, some of the negative effects of a situation with very complex economics impacted businesses, individuals and families despite our best intentions,” Taylor said in a statement to The Associated Press.
Attorneys for the church members say in a DeKalb County lawsuit that Taylor urged them to liquidate their retirement accounts, and as a result some lost their life savings.
The U.S. Secret Service and the Internal Revenue Service are also investigating issues surrounding the seminars, which were hosted at the Lithonia-based church which claims 25,000 members, federal officials said.
“Don’t assume that I am just another greedy businessman,” Taylor said in the statement. “I am taking action to make things right.”
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