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Thursday, April 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

Ponzi Pastors

Two pastors are running a $25 million Ponzi scheme targeting Vietnamese-Americans through a church they operate out of a strip mall in Westminster, Calif., the SEC claims in a federal complaint.

SANTA ANA, Calif. — Two pastors are running a $25 million Ponzi scheme targeting Vietnamese-Americans in Orange County, Calif., through “their purported church, The Church for the Healthy Self, aka CHS Trust … and CHS Asset Management … operating out of a strip mall in Westminster, Calif.,” the SEC claims in a federal complaint.

Categories / Religion, Securities

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