Baptists behind bars
They targeted elderly churchgoers who thought they were investing their money in building Baptist churches and retirement homes.
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Comments (2)
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I don't know if this was a classic church-goer shakedown Nancy. The story says that the corporation was founded in 1948, and appears not to have operated with defrauding people as a goal. It looks like they got caught up in a real-estate "bubble" and did "an Enron." Which is bad enough to be sure...
Posted on July 25, 2006 12:54 PM
Baptists are no more immune to greed than any other religious group. This just proves that NO ONE is immune!
Shalom
Posted on July 26, 2006 11:58 AM