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Bishop Eddie Long in the news again - Ephren Taylor
Hunter
Posted: Friday, October 21, 2011
Joined: 9/22/2011
Posts: 20


 http://www.ajc.com/news/state-investigates-alleged-fraud-1206762.html 

Looks like members of the New Birth Missionary Baptist church aren't happy with investment with Ephren Taylor of City Capital Corp


Hunter
Posted: Saturday, October 22, 2011
Joined: 9/22/2011
Posts: 20


Link to article about Class Action lawsuit

http://www.marketwatch.com/story/youngest-african-american-ceo-ephren-taylor-hit-with-class-action-lawsuit-alleging-serial-ponzi-schemes-that-bilked-churchgoers-out-of-millions-2011-10-20 

A class action lawsuit alleges that Ephren W. Taylor II, famous for becoming "America's youngest African American CEO of a public company," was in reality the ringleader of a series of cynical Ponzi schemes that stole tens of millions of dollars from hard-working churchgoers.

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Link to Complaint.  Be patient if you have slow internet speeds (109 page complaint)

http://www.alabamaagainstfraud.com/Hunter/PonziSchemes/EphrenTaylorClassActionCompl.pdf 

 


Hunter
Posted: Sunday, May 13, 2012
Joined: 9/22/2011
Posts: 20


Ephren Taylor accused of $11 million Christian ponzi scheme by SEC

From ABC News

http://abcnews.go.com/US/ephren-taylor-accused-11-million-christian-ponzi-scheme/story?id=16302868#.T6_dzegcOf4

He promised 20 percent return on money and they believed - how sad


 

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