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Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

Ponzi for God

CHICAGO - Jeffery Alan Lowrance and his company First Capital Savings And Loan swiped $1 million in a Ponzi scheme and used some of the loot to start a religious newspaper, then Lowrance boogied from Houston to Peru, the Commodity Futures Trading Commission says.

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