Pastor

CFTC Sues Washington Pastor for $6M Cryptocurrency Ponzi Scheme

CFTC Sues Washington Pastor for $6M Cryptocurrency Ponzi Scheme

The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Francier Obando Pinillo, a pastor from Pasco, Washington, accusing him of running a fraudulent cryptocurrency Ponzi scheme worth at least $5.9 million. The complaint names Pinillo and his associated businesses, Solanofi, Solano Partners Ltd., and Solano Capital Investments, collectively known as the […]

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Denver Pastor Claims $300K Home Renovation Funded by Crypto Scam Was ‘God’s Plan’

Denver Pastor Claims $300K Home Renovation Funded by Crypto Scam Was ‘God’s Plan’

Last updated: January 21, 2024 02:06 EST | 2 min read Denver pastor Eli Regalado, who is currently facing a lawsuit filed by Colorado’s securities commission for allegedly defrauding investors through the sale of the valueless INDXcoin cryptocurrency, has released a video responding to the allegations. In the video, Regalado admits that investors are unable

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