skews13
Diamond Member
- Mar 18, 2017
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His appeals, which were heavy on Old Testament–style words like "sowing" and "tithing," promised those tied to his online church that they would earn a 10x return by buying it.
Not surprisingly, they did not make 10x but instead lost their money—not least because the Regalados spent a good chunk of it on sprucing up their house, according to the regulator. A Denver business publication further reported the couple blew more of the money—which they had said would help "widows and orphans"—on a Range Rover, jewelry, and, of course, luxury handbags.
These reports suggest Regalado is in a fair amount of trouble, but rather than shut up and seek a good lawyer, he responded to Colorado's allegations by posting a 10-minute video to the crypto project's website. Near the opening, he says misappropriating the funds wasn't his decision but that "several hundred thousand went to a home remodel the Lord told us to do."
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Thou shalt only by granite counter tops, and composite double pane windows,
Not surprisingly, they did not make 10x but instead lost their money—not least because the Regalados spent a good chunk of it on sprucing up their house, according to the regulator. A Denver business publication further reported the couple blew more of the money—which they had said would help "widows and orphans"—on a Range Rover, jewelry, and, of course, luxury handbags.
These reports suggest Regalado is in a fair amount of trouble, but rather than shut up and seek a good lawyer, he responded to Colorado's allegations by posting a 10-minute video to the crypto project's website. Near the opening, he says misappropriating the funds wasn't his decision but that "several hundred thousand went to a home remodel the Lord told us to do."
Pastor blows proceeds from $3 million crypto scam on home renovations, blames ‘the Lord’
Eli Regalado promised those tied to his online church they could earn up 10x buying his new cryptocurrency. That didn't happen.

Thou shalt only by granite counter tops, and composite double pane windows,