---

The Dallas Morning News, USA
Jan. 24, 2008
Jason Trahan
www.dallasnews.com

---

ReligionNewsBlog.com • Item 20434 • Posted: Friday January 25, 2008  

---

Cynthia Setser, who was in hiding for a year after skipping out on a sentencing hearing before a Dallas federal judge in a multimillion-dollar securities fraud case, pleaded not guilty this week to a charge of failure to appear.

The FBI located and arrested Ms. Setser, 50, at a home in Florida on Dec. 6 after she missed a Jan. 16, 2007, sentencing hearing in Dallas.

Ms. Setser was to be sentenced for her role in a multimillion-dollar pyramid scheme spearheaded by her husband, Gregory Setser.

The scheme, aimed largely at Christian investors including televangelist Benny Hinn, bilked hundreds of people from Texas and California out of more than $170 million before the FBI shut down the Setsers’ sham import company, IPIC Investments, in 2003. Mr. Setser received 40 years in prison.

Ms. Setser faces up to five years in prison on the securities fraud plea and five years if convicted of failure to appear.

---

What You Can Do From Here

---

Read More Articles On These Topics Categories: IPIC International Share, Blog About, Bookmark, or Email This Article Subscribe Religion News Blog RSS feed [What is this?] RSS by topic: IPIC International Read Another Article Previous entry: Religion News Blog Roundup for Jan. 25, 2008 Next entry: Web vigilantes attack Scientology website RNB Homepage with latest headlines Find Related Information Use our custom search engines to find additional research resources on religions and cults Find Related Books IPIC International Most Popular Today Pakistan Militants Bomb CD Shop For Selling ‘Jesus Film’ Muslim Violence Ongoing in Egypt; Christians Plead For Help World’s oldest ocean-going passenger ship, ministry ship Doulos, to stop sailing

---

Share This Article

---

To share this page simply copy and paste one of these URL's:

• Post a link on your blog or website:
  
• Send in an email or IM:
  
• Post on a forum:
  

Search for information about (religious) cults, cult-like organizations, -- as well as paranormal-, New Age, and pseudoscientific claims -- across 260+ websites, blogs and forums dedicated to cult research, spiritual abuse, ex-cult counseling & support.

Note: results are listed on another domain -- CounterCultSearch.com -- from which you can easily return here.

Search for apologetics articles, books, videos, and other research resources across 135 Christian apologetics websites and blogs.

Note: results are listed on another domain -- ApologeticsSearch.com -- from which you can easily return here.