Attracted Investors At Churches Preaching “Biblically Sound Financial Advice”

WSVN Miami

A man who preached at South Florida churches is now accused of running a huge Ponzi scheme. And investigators say his victims were the church members who trusted him. Investigative reporter Carmel Cafiero is on the case.

Ephren Taylor Jr.: “I started my first company at the age of 12.”

As 7News first revealed in November, Ephren Taylor Jr. told a rags-to-riches story and he told it everywhere.

There are videos of his infomercials, church and national TV appearances all over Youtube.

CNBC: “Tonight, one of the best combinations on Earth- young and rich. And we’re talking very young and very rich, our next whiz kid is Ephren Taylor.

Host: “How much are you worth today?”

Ephren Taylor Jr.: “Wow, that is a very interesting question.”

He never answered that question and so far hasn’t answered to investors who say they trusted him.

Darrilyn Bryant-Hudson: “My house is in foreclosure. Devastating, devastating. I’m sorry.”

Darrilyn Bryant-Hudson says she lost her retirement savings of $250,000 after investing with Taylor. He preached at her Pembroke Park church promising “biblically sound financial advice.”

Read more: http://www.wsvn.com/features/articles/carmelcase/MI95051/#ixzz1u1Wo45zh

 

 

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