Sunday, February 14

Church Members Scammed

"Two leaders of the Local Christian Assembly Church in Queens who fleeced their flock out of more than $9.3 million in an investment scam pleaded guilty yesterday in Brooklyn federal court.
Robert Riddle, 60, a leader of the Forest Hills church who encouraged elderly parishioners to mortgage their homes to invest in the bogus Jadis Capital investment fund, admitted he knew the money was going toward clothing, trips and expensive cars."

"Timothy Smith, 36, a vice president of the fund, also pleaded guilty. They face five years in prison."

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