Monday, February 15, 2010

Pastors bilked the congregants

Church duo guilty as $in
By JANON FISHER, NY Post

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.

9 comments:

Anonymous said...

i guess the flock got flocked....

Anonymous said...

Maspeth Mom says...

Only 5 years for stealing almost 10 million dollars - Thats $55,000 per day for sitting in prison. That would sound like a good deal to alot of people - The article doesnt say anything about restitution.

Anonymous said...

Line these bastards up against the wall, shoot them and them we can forgive them their sins.

Anonymous said...

Any person who gets conned into giving massive donations to a chuch

DESERVES IT.

"Jesus Christs needs your money".
"Ok let me take out a mortgage".

stinky said...

It seem that Forest Hills has more than it fair share (wealthy) of getting fleeshed (stupid) than any where else?

Anonymous said...

"It seem that Forest Hills has more than it fair share (wealthy) of getting fleeshed (stupid) than any where else?"

Where did you learn to write?

Anonymous said...

"Where did you learn to write?"

From your mother.

Anonymous said...

"From your mother."

Well since English wasn't her first language, I guess it now makes sense.

Anonymous said...

FYI Stinky,

As a Forest Hills resident, I can tell you that most (if not all) of the congregants of that so-called "church" do not come from Forest Hills. Most of us think it is an eyesore and that it should be closed. I passed by the "church" this Sunday and it was padlocked.