A Colorado pastor who convinced his followers to buy millions of dollars worth of a cryptocurrency called "INDXcoin" allegedly stole $1.3 million of the proceeds, ... which promoted INDXcoin as the "best crypto currency opportunity ever" to its own Facebook followers in 2022.By Thomas Peipert/AP. A Colorado pastor for an online church who is accused of defrauding investors of more than $3.2 million through a cryptocurrency marketplace he ran with his wife says “the ...a pastor in Colorado has just been indicted for a crypto scam that defrauded his own ministry for 3.2 million dollars. Eli Regalado is claiming that God told him to do the cryptocurrency and despite not knowing anything about cryptocurrencies was assured by the Lord that everything would work out okay. despite pocketing 1.3 million for himself to buy jewels, a range Rover and remodel his house ...A Colorado pastor accused of running a $3m cryptocurrency scam with his wife has claimed that "the Lord" advised him to carry out the venture.. Eligio "Eli" Regalado and his wife Kaitlyn Regalado have been charged with civil fraud offences by the Colorado Division of Securities after their cryptocurrency INDXcoin raked in almost $3.2m from more than 300 people, according to a press ...A Colorado-based pastor, who reportedly ran a cryptocurrency marketplace with his wife, and defrauded investors of more than $3.2 million, said that "the Lord" helped him in the alleged scam. Eli Regalado preaches for the online-only Victorious Grace Church. He along with his wife, Kaitlyn Regalado, were slapped with civil fraud charges filed by Colorado's securities commissioner.Try these best fake crypto wallet apps for Android and iOS. They look so realistic that no one will suspect a trick. Some of them will even give you useful information. Well, let's take a look. List of reviewed apps: 1. Fake Bitcoin Wallet by Binary Matter. 2. Fake Crypto Investor by Developer Useful.Features Of Fake Crypto Sender Software (Windows) Able to flash all supported crypto (USDT/Tether, Bitcoin, Ethereum, Dogecoin, Solana and 6 more) with high speed to any wallet of your victims/client. (Read this informative guide Here. Flashing will last for a minimum flash duration of 42 days (35 days for Ethereum) and maximum of 120 days (115 ...Exodus may be attractive to users who are leaving major exchanges but still want relatively easy access to their assets. Many or all of the products featured here are from our partners who ...Pastor Eli Regalado said he was under God's orders to set up his failed crypto project and he's now counting on a miracle. He said it's true that he and his wife took $1.3 million from the ...Eli Regalado, a pastor, and his wife who created a cryptocurrency targeting Christian communities and using the money to fund their “lavish lifestyle” has been charged with fraud, authorities ...The following are in-depth reviews of our picks for the best cryptocurrency presales to watch. 1. Dogeverse – Overall Best Crypto Presale to Invest In. We picked Dogeverse as the best new cryptocurrency presale in 2024. Dogeverse is the world’s first multi-chain dog token, which will be available across six blockchains.Jan 22, 2024 · Last week brought us a new name to add to the cast of crooks: Denver internet pastor Eli Regalado, whose sheer chutzpah should get him honorable mention on any list of all-time crypto villains ...Eli Regalado, pastor of Victorious Grace Church in Denver, said God told him to use some money from his crypto scheme on personal home remodel.Online pastor Regalado and his wife, Kaitlyn, are accused of defrauding more than 300 investors out of $3.2 million via a cryptocurrency they created called INDXcoin.Dec 20, 2022 ... The flashy, jewelry-flaunting Brooklyn pastor who reported being robbed while preaching at his church this past summer was arrested on ...Online pastor, wife allegedly sold $3.2M in worthless cryptocurrency to Christians. An online pastor and his wife are facing civil fraud charges in Colorado for selling some $3.2 million in a worthless cryptocurrency they created called "INDXcoin" to hundreds of Christians while claiming that God said the investment would make them wealthy.Pastor Eli Regalado said he was under God's orders to set up his failed crypto project and he's now counting on a miracle. He said it's true that he and his wife took $1.3 million from 'Lord, You Told Me to Do This': Pastor Defends Taking $1.3M From Failed CryptoBut again, this is a potentially very serious red flag. 3. Check the Etherscan comments section. It's very simple, but on the various block explorers there's often a comment section. Most of the time there are no comments, but if a project is a scam you're likely to find an angry mob in the comment section.Denver pastor Eligio Regalado, facing civil fraud charges related to an alleged multi-million dollar cryptocurrency scheme, addressed his congregation in a video this week, suggesting he might have "misheard God," according to The Washington Post. Colorado Securities Commissioner Tung Chan recently filed charges against Eligio Regalado and his wife, Kaitlyn Regalado, over INDXcoin, a ...According to a report by several Chinese colleges, there were at least 1,500 scam domains (webpages) and 300 fake apps promising to exchange cryptocurrencies by 2020. In addition, the sample taken for the study includes thousands of victims. "There are about 1,700 victims been deceived, with the amount scammed up to 520k dollars in our dataset.Apr 3, 2022 ... Rogue pastors, fake miracles and murder. For hundreds of millions of Africans, Christianity is the cornerstone of their existence. But an ...tldr; Eli Regalado, a Colorado-based pastor, is accused of defrauding investors of $1.3 million through a cryptocurrency scheme involving INDXcoin, which he promoted to Christian communities. He and his wife spent the funds on personal luxuries such as a home remodel, a Range Rover, and luxury items.In the roughly 10-minute long video, Regalado stresses that of the more than $3 million prosecutors claims he swindled, $1.3 million was "taken out of $3.4 million but out of that $1.3 million, half a million went to the IRS and a few hundred thousand dollars went to a home remodel the that the lord told us to do.".By Leo Sands. January 23, 2024 at 9:54 a.m. EST. (iStock) 3 min. An online pastor was charged with civil fraud for selling a cryptocurrency that regulators described as "practically worthless ...Updated:7:43 PM MST January 23, 2024. DENVER — A Colorado pastorfor an online church who is accused of defrauding investors of more than $3.2 million through a cryptocurrencymarketplace he ran ...Pastor blows proceeds from $3 million crypto scam on home renovations, blames ‘the Lord’. Eli Regalado responded to the allegations by posting a 10-minute video to his crypto project's website ...Last week brought us a new name to add to the cast of crooks: Denver internet pastor Eli Regalado, whose sheer chutzpah should get him honorable mention on any list of all-time crypto villains ...A Pastor and his wife who fled the U.S. have been spotted in Zambia, due to creating a cryptocurrency scheme that made them $3.2 richer. ... The post Pastor Accused of $3.2 Million Crypto Ponzi ...'I lost $12k in a crypto scam - I thought I was messaging Outlander actor Sam Heughan' ... Disgraced Colorado pastor claims God told him to steal $1.3m in cryptocurrency ... Fooled by the fake ...A former Christian pastor targeted his African-American parishioners with fake investments in 'the first black-owned ... Hong Kong streaming firm to buy $100M of crypto, Worldcoin sanctioned ...Katie Smith. Updated: Jan 26, 2024 / 06:13 PM CST. (Getty Images) ( NewsNation) — A Colorado pastor is accused of defrauding investors of more than $3 million by marketing a “practically worthless” cryptocurrency to Christian communities and claiming God told him investors would become wealthy. Colorado Security …DENVER (AP) — A Colorado pastor for an online church who is accused of defrauding investors of more than $3.2 million through a cryptocurrency marketplace he ran with his wife says “the Lord ...SEC Freezes Assets of Church for Selling Unregistered 'God-Backed' Crypto Token. Colorado-based pastor Eligio "Eli" Regalado and his wife, Kaitlyn, are facing legal action after allegedly defrauding investors of millions of dollars through the sale of an unregistered crypto token, called INDXcoin. The token was marketed to devout ...Try these best fake crypto wallet apps for Android and iOS. They look so realistic that no one will suspect a trick. Some of them will even give you useful information. Well, let's take a look. List of reviewed apps: 1. Fake Bitcoin Wallet by Binary Matter. 2. Fake Crypto Investor by Developer Useful.A dangerous new cryptocurrency scam has emerged involving fake "Biggest Crypto Giveaway Of $100,000,000" promotions being used to deceive victims and steal their funds. This comprehensive guide reveals how this scam works, common tricks used, how to identify red flags, and most importantly - how to avoid becoming another victim.Pastor Said God Told Him To Remodel Home After Selling $1.3M Worth Of 'Worthless Crypto' To FollowersPastor blames GOD over 1.3m Crypto ScamA Colorado-based pastor for an online church who allegedly pocketed $1.3 million through a cryptocurrency fraud scheme told followers in a video statement that the Lord told him to do so. Colorado pastor accused of pocketing $1.3M in crypto scheme says 'Lord told us to' | AllSidesThe NBC also disclosed that following the exposure of his scheme, the pastor insisted in a video statement that "the Lord told him to do it.". In the video, Eligio Regalado admitted claims that he and his wife pocketed $1.3 million "are true." "Out of the $1.3 [million], half a million dollars went to the IRS [Internal Revenue Services], and a few hundred thousand dollars went to a ...DENVER (AP) — A Colorado pastor for an online church who is accused of defrauding investors of more than $3.2 million through a cryptocurrency marketplace he ran with his wife says "the Lord ...Jan 23, 2024 · In the roughly 10-minute long video, Regalado stresses that of the more than $3 million prosecutors claims he swindled, $1.3 million was “taken out of $3.4 million but out of that $1.3 million, half a million went to the IRS and a few hundred thousand dollars went to a home remodel the that the lord told us to do.”.Last week brought us a new name to add to the cast of crooks: Denver internet pastor Eli Regalado, whose sheer chutzpah should get him honorable mention on any list of all-time crypto villains ...Oct 1, 2023 ... ... crypto # ... Pastor Bob Tilton fights a diarrhea demon ... Iman Gadzhi: A clown with fake money and bad advice.Colorado couple accused of inventing church to run crypto scam. The assets of a husband-and-wife-run online church have been frozen after they allegedly used the word of God to trick Christians into investing in a fake crypto before spending $1.3 million in investor funds on luxury goods. According to a lawsuit submitted by Denver’s State ...Crypto pastor admits to fraud on video, claims 'the Lord told me to' remodel house with funds By Julian Fell Posted Wed 24 Jan 2024 at 7:19pm Wednesday 24 Jan 2024 at 7:19pm Wed 24 Jan 2024 at 7:19pmDENVER, CO - January 18, 2024 - Colorado Securities Commissioner Tung Chan filed civil fraud charges against Eligio (Eli) and Kaitlyn Regalado of Denver, INDXcoin, LLC, Kingdom Wealth Exchange LLC and others for alleged violations of the anti-fraud, licensing and registration provisions of the Colorado Securities Act. Eli Regalado, a pastor, and his wife Kaitlyn created, marketed and sold a ...Online pastor, wife allegedly sold $3.2M in worthless cryptocurrency to Christians. An online pastor and his wife are facing civil fraud charges in Colorado for selling some $3.2 million in a worthless cryptocurrency they created called “INDXcoin” to hundreds of Christians while claiming that God said the investment would make them wealthy.Jan 23, 2024 · A Colorado pastor for an online church who is accused of defrauding investors of more than $3.2 million through a cryptocurrency marketplace he ran with his wife says “the Lord” helped him ...Denver pastor pocketed $1.3M selling worthless cryptocurrency, state says. Eli Regalado runs the online-only Victorious Grace Church. He is also the creator of the cryptocurrency INDXcoin ...Scams are deceptive schemes aiming to defraud individuals of money and/or personal information. Romance scams involve scammers forming online relationships, often quickly proclaiming love. Rapid relationship progression coupled with a lack of video calls and inability to meet in person may be red flags. Once an emotional connection is formed ...(Photo : INDXcoin via YouTube) Colorado Pastor Launches Crypto Venture After Receiving Signs From God. According to CNN, Denver pastor Eli Regalado announced in a YouTube video last April that he would start selling cryptocurrency after months of praying and receiving signs from God.. He said the collapse of Signature and Silvergate banks weeks earlier was a sign to explore other investment ...Prosecutors accuse pastor Eli Regalado and his wife, Kaitlyn, of fraudulently raising over $3m (£2.4m) by selling "practically worthless" crypto. The Regalados …Jan 23, 2024 · Regalado and wife Kaitlyn launched a crypto token last year called INDXcoin. Colorado Securities Commissioner Tung Chan filed charges last week against the couple and the entities they ran ...BBC. Ruja Ignatova called herself the Cryptoqueen. She told people she had invented a cryptocurrency to rival Bitcoin, and persuaded them to invest billions. Then, two years ago, she disappeared ...Jan 23, 2024 · Colorado’s securities commissioner filed civil fraud charges against Eli Regalado and his wife Kaitlyn Regalado, saying the Denver couple targeted the Christian community and told followers that God would make them rich if they invested in a cryptocurrency he created called INDXcoin.Online pastor Regalado and his wife, Kaitlyn, are accused of defrauding more than 300 investors out of $3.2 million via a cryptocurrency they created called INDXcoin.Still, there is an inner circle standing by the embattled pastor and crypto-entrepreneur. Chief among them is Gary Black, who was named INDXcoin's chief prophetic officer (CPO) by Mr Regalado.Colorado state regulators have filed a civil lawsuit against a Denver pastor, Eli Regalado, and his wife, Kaitlyn, over allegations of a crypto scam involving their creation, INDXcoin. The lawsuit claims that the couple cashed out over $1.3 million worth of INDXcoin, which they founded, to fund a luxurious lifestyle, including a home remodel, …Pastor accused of defrauding investors of $3M via crypto scheme says he got help from ‘the Lord’ Colorado’s securities commissioner filed civil fraud charges against Eli Regalado and his wife Kaitlyn Regalado, saying the Denver couple targeted the Christian community and told followers that God would make them rich if they invested in a …The post Fake Elon Musk Crypto Giveaway Scam Gets 0.4 BTC as Twitter Fails to Vet Advert appeared first on CCN. On November 6, a paid advertisement emerged on Twitter, showing a verified account ...An online pastor was charged in CO for a $1.3 million crypto scam. He's released a 9-minute-long video explaining that the Lord told him to sell a cryptocurrency with no clear exit", and spend ...BBC. Ruja Ignatova called herself the Cryptoqueen. She told people she had invented a cryptocurrency to rival Bitcoin, and persuaded them to invest billions. Then, two years ago, she disappeared ...Pastor says "God was going to provide" In a nine-minute long video, Regalado acknowledged on Friday that the allegations that he made $1.3 million from investors "are true."Colorado pastor says 'Lord told us' to pocket $1.3m in alleged crypto fraud scheme. Eli Regalado has told his followers charges he pocketed $1.3m "are true" after ran a cryptocurrency scheme with ...Jan 23, 2024 · A Colorado-based pastor for an online church accused of pocketing $1.3 million through a cryptocurrency fraud scheme told followers in a video statement that the Lord told him to do it.A Colorado pastor who convinced his followers to buy millions of dollars worth of a cryptocurrency called “INDXcoin” allegedly stole $1.3 million of the proceeds, which he spent on a Range Rover, lavish vacations, luxury goods and a home remodel that he claims was ordained by God.Jan 22, 2024 · Last week brought us a new name to add to the cast of crooks: Denver internet pastor Eli Regalado, whose sheer chutzpah should get him honorable mention on any list of all-time crypto villains ...Original article source: Colorado pastor admits taking $1.3M in crypto scheme that targeted Christian community. Representations of cryptocurrencies Bitcoin, Ethereum and DogeCoin are placed on PC ...An already lower crypto market was shaken up further by the fake news. SOL, which was a leader of the altcoin rally by more than doubling in price in a month, tumbled to an 8% loss over the past ...DENVER (AP) - A former evangelical pastor has been convicted of securities fraud and theft for his role in an investment scam involving more than 400 investors and $12 million in misappropriated ...List of Fake Crypto Exchanges in 2024. Please note that this list is not exhaustive and focuses on some of the more prominent cases: Fake/Scam Crypto Exchange. Details. BitKRX. Presented itself as a branch of the KRX, South Korea's official trading platform, but was a scam. Bitconnect.A wanted Denver pastor who raked in $1.3 million from his followers in a crypto scam has been spotted in Zambia teaching about god and finance.9 January 2023. By Joe Tidy,Cyber reporter. YouTube/ Logan Paul. Logan Paul initially threatened to sue the YouTuber who accused his crypto project of being a scam but has now apologised. YouTuber ...By THOMAS PEIPERT. Updated 3:48 PM PDT, January 23, 2024. DENVER (AP) — A Colorado pastor for an online church who is accused of defrauding investors of more than $3.2 million through a cryptocurrency marketplace he ran with his wife says “the Lord” helped him orchestrate the venture.And, according to the latest FBI fraud report, fraudsters are using fake crypto apps to steal money from unsuspecting crypto investors. It highlights that American investors have lost ...The Messenger. Pastor Accused of $1.3 Million Crypto Fraud Says God Told Him to Do It Read More: Posted: January 24, 2024 | Last updated: April 4, 2024An online pastor was charged in CO for a $1.3 million crypto scam. He's released a 9-minute-long video explaining that the Lord told him to sell a cryptocurrency with no clear exit", and spend ...The rest of the financial assets were distributed among the three crypto scammers and used t o buy luxury cars, private jets, and family vacations, as reported by the SEC. The Ponzi scheme lasted from 2017 to 2019 and generated more than 2 7 million worth of crypto funds from over 1,200 investors , according to the federal complaint filed …Discuss Phish and God told pastor to sell fake crypto with other live music and jam band enthusiasts on Phantasy TourPastor says "God was going to provide" In a nine-minute long video, Regalado acknowledged on Friday that the allegations that he made $1.3 million from investors "are true." "We took God at His ...We would like to show you a description here but the site won’t allow us.The $15 AI-generated fake IDs are reportedly being used to fool crypto exchange identity checks, potentially giving crypto hackers and scammers a new edge. 39533 Total views 73 Total sharesCrypto Scam: Investigators said the Regalados, who ran a cryptocurrency marketplace called the Kingdom Wealth Exchange, used at least $1.3 million of those funds to support a lavish lifestyle that included tens of thousands of dollars spent on vacations, jewelry, luxury handbags, cosmetic dentistry, clothes and home renovations. The two, who shut down the exchange Nov. 1, also are accused of ...Jan 24, 2024 · Denver pastor Eli Regalado issued a video response last week to the state's civil lawsuit alleging that his INDXcoin was "worthless" cryptocurrency.. How the scam works. Like many scams in web3, fake exchanges Fraudsters sometimes create fake versions of offici Eligio Regalado, the Denver pastor facing accusations of misappropriating $1.3 million through a cryptocurrency investment scam, has been seen in the Zambian capital, Lusaka, just days after ...In the weeks after US citizen Brian Bruce lost US$191,000 on a fake crypto investment platform disguised as a real exchange in 2021, he obsessed over the crypto wallets where he sent the money. a pastor in Colorado has just been indicte What Happened: The pastor, facing accusations from the Colorado Securities Commission, revealed in a video confession that he and his partner Kaitlin Regalado misappropriated $1.3 million.To err is human. But Colorado securities officials said that what Pastor Eli Regalado has been doing is more like fraud. Regalado and wife Kaitlyn launched a crypto token last year called INDXcoin 77 votes, 13 comments. 4.7K subscribers in the Law_and_Politics commun...
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