21 Years in Prison for Multimillion-Dollar End Times Coin Scheme
A former Tennessee lawmaker has been sentenced in Memphis to 21 years in prison for running a multimillion-dollar Ponzi coin scheme related to end-of-the-world predictions.
Bates encouraged listeners on his Christian broadcast programs to buy gold and silver coins, which supposedly would give them financial protection against a religious and economic collapse termed "Mystery Babylon," The Associated Press reported.
Prosecutors said that Bates, a Democrat who served in the Tennessee House from 1971 to 1976, defrauded more than 400 people from 2002 through 2013.
U.S. District Judge Sheryl Lipman has ordered the 73-year-old ex-lawmaker to repay more than $21 million to victims....
Unfortunately, there are a lot of these kinds of things happening these days through supposed Christians selling all sorts of dodgy things.
I have seen some "Christian" shows on the Internet, where in the middle of what seems to be a serious programme, there are adverts for all sorts of odd things that cost a lot of money and have nothing to do with our Christian walk.
But then many countless thousands of deluded "Christians" go to huge mega churches every Sunday in their battered old cars, while their ultra rich pastor sails in with a Rolls Royce, and then preaches a prosperity message.
John Yurich USA wrote: Bates being a Democrat certainly is not a Christian because no Democrat is a Christian.
No politician can be a Christian either. To prove my point, take a Christian and get him to run for office of some sort. Get him to have a completely biblical mandate (including the stance against homosexuality and Islam) and let's see how long it lasts? How popular will he be if he is completely honest and treats everyone the same and sticks to his biblical morals?
Politics is all about compromising to the groups that can get you elected.