1 John 4:1 says, “Dear friends, do not believe every spirit, but test the spirits to see whether they are from God.” There are shady characters in the world that prey on those who are gullible and overly-trusting.
This is precisely what happened in the Eddie Long Ponzi scheme saga that has landed the troubled mega pastor on the other end of a lawsuit.
According to Atlanta Journal-Constitution, a dozen former members of New Birth Missionary Baptist Church in Lithonia, Ga., filed suit in DeKalb County court in late January. They say Bishop’s Long’s assistant had already been warned that businessman Ephren W. Taylor was running a $3 million capital deficit.
Taylor was a financial advisor, claiming to have made his first million before he turned 18, and promised he could do the same for his fellow Christian brothers and sisters.
After Long introduced the businessman as his “friend,” the former New Birth members lost more than $1 million investing with the self-described “social capitalist.”
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article courtesy of EEWMagazine.com