3 Men Posed as Fake Pastors and Financial Advisors, Making Nearly $28M in Ponzi Scheme

Three Maryland men who pretended to be pastors and financial advisors were sentenced Thursday after running a Ponzi scheme that brought in nearly $28 million, per Insider. The men, John Erasmus Frimpong, Arley Ray Johnson, and Dennis Jali are accused of promoting a bogus financial literacy and wealth management firm named “1st Millions” in August […]