Tag: Eddie Long

SEC says ‘Social Capitalist’ ran Ponzi scheme targeting church members

Ephren Taylor Former businessman Ephren Taylor, who describes himself as a ‘Social Capitalist,’ has been charged with fraud by the U.S. Securities and Exchange Commission for an alleged $11 million Ponzi scheme that targeted socially conscious churchgoers.

Among the victims are members of Atlanta’s New Birth Missionary Baptist Church. They are suing their pastor, Eddie Long, for promoting Taylor’s scheme.

Controversial pastor Eddie Long vows to move past allegations

Eddie Long Controverisal megachurch pastor Eddie Long says he’s moving ahead with his ministry at New Birth Missionary Baptist Church and won’t discuss allegations of sexual misconduct made by four young men who were members of his congregation.

But two of the men now say they are writing a tell-all book about what they claim happened between them and the powerful pastor.