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Ohio case draws attention to burgeoning church-based scams
McNaughton, former youth assistant at Church of the Open Door, sits in jail without bond. The 51-year-old Canadian was charged last month in federal court with fraud and tax evasion, accused of selling $17 million in bogus securities. He allegedly tricked 200 people from 1999 to 2003.Authorities say scams that sprout in church pews and beneath steeples are among the fastest-growing frauds in America.
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· Page 1 · 4 user comment(s)
2/17/08 2:13 PM
The article linked is not the one referenced in the teaser. Did the news service change it? I wonder where the orginal article is. I'd like to rea it.
12/19/06 12:12 PM
Article is deceptive - the guy in jail has not been convicted of fraud, just contempt of court, as it says near the end. I always wonder how 200 people smart enough to get $17M in the first place are dumb enough to not do any due diligence and vet these affinity fraud scammers who prey on groups like churches. Surely it's the very definition of "confidence man" that people are confident in him and recommend him? Remember no one is going to act in your best interests when it comes to your money, except you.
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