Megachurch Leaders Linked To Controversial Mortgage Venture
CBS Atlanta News has found Bishop Eddie Long and another local megachurch leader, Gary Hawkins, are linked to a questionable mortgage venture that is being investigated by the feds.
CBS Atlanta was the first to report on Matrix Capital's long list of victims. The company promised to lower people's mortgages for $1,500 upfront. Police say thousands of homeowners paid Matrix money, but according to investigators, most of them ended up in bankruptcy and losing their homes.
So many people trusted Matrix Capital front man Fred Lee because he made promises of lowering people's mortgages in the sanctity of their local church....