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Saturday, January 12, 2008

Christian Pastor Convicted of Fraud

Doug Scott, former pastor of the now defunct River of Life Church in Colorado Springs was found guilty buy a jury on Friday for his part in directing church members to an illegal hedge fund, led by businessman and fellow Christian Alan Bird.

Bird's Christian connections gave investors faith. Investors said Scott and Bird's father- in-law, the former president of the Christian nonprofit Bethesda Ministries, eased any concerns they may have had.

See my comments in a previous post regarding Seventh-Day Adventists in London falling for an investment scheme due to their "faith" in the honesty of fellow believers.

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