Freedom

Ex-Pastor Sought In Ind. Multimillion-Dollar Fraud

INDIANAPOLIS -- A former pastor and his sons were charged with securities fraud in Indiana on Tuesday in what officials said was a multimillion-dollar scheme aimed at church members who thought they were helping build churches but were actually buying the men planes and sports cars. The secretary of state's office said arrest warrants issued for Vaughn Reeves, 65, and three of his sons charged each with 10 felony counts. Each man could face two to eight years in prison on each count if convicted. Bond for each was set at $1.5 million cash.
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Posted by Editor at July 4, 2009 09:16 AM