Video Reveals $1.3M Misuse Amid Accusations by Colorado Securities Commission
Pastor uses $1.3 million from a crypto sale to improve his home and says God told him to do it. (PHOTO: NBC News)
A pastor and his partner were charged with INDXcoin fraud
According to Smart News, a minister in Colorado and his partner, Kaitlin Regalado, are in trouble because they are said to have messed with INDXcoin, a complicated cryptocurrency. They are charged with pushing this sketchy coin on an online site called Kingdom Wealth Exchange (KWE). Officials say the priest took advantage of people’s trust by telling them he could help them get rich based on what he thought was divine direction.
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A video shows a pastor’s $1.3 million money mess and home makeover
In a shocking video confession, the minister said he had spent $1.3 million in a bad way. He said that God had led him to spend some of the money on a home makeover. This new information sheds light on misbehavior with money and makes people worry about trust in the community. Officials tell people to be wary of claims that cryptocurrencies will make them rich and remember how easy it is to make new digital coins and platforms.
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