IPIC International
This is Religion News Blog's archive of news items tagged IPIC International.
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Tuesday December 16, 2008
IPIC International: 
Her husband Gregory Earl Setser was sentenced to 40 years in prison for his involvement in the scheme. His sister Deborah S. Setser was convicted and sentenced to 15 years in prison and Joshua Nathan Setser was sentenced to two years in prison.Beginning in 2000 in North Texas, the defendants devised a scheme to induce people to enter into investment contracts with IPIC.
They targeted churches, ministries and religious organizations and their pastors, leaders and members and represented to investors that IPIC was a highly successful import/export business.
Wednesday June 18, 2008
IPIC International: Cynthia Setser was arrested in Florida in December, 11 months after she skipped a hearing in Dallas where she was to be sentenced for her role in a multimillion-dollar pyramid scheme spearheaded by her husband, Gregory Setser.
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