Denver pastor, wife indicted in $3.4 million cryptocurrency scam

A Colorado pastor and his wife are facing dozens of charges in connection to a cryptocurrency scam after investigators say they used faith-based connections to steal millions from investors according to the Denver District Attorney s Office Related Articles Bank says local IT exec stole millions through phony loans For a low payment consultant offered to get Colorado counties off Trump s list of sanctuary jurisdictions Consultant claiming White House backing called Colorado clerks to gain access to voting machines Denver judge orders CBZ Management to turn over records from its rental properties to Colorado attorney general Colorado Medicaid journey company reaches settlement with state Eli who ran the online-only Victorious Grace Church and Kaitlyn Regalado were indicted by a grand jury on charges connected to soliciting nearly million from investors who bought into a cryptocurrency they created and marketed called INDXcoin the DA s office revealed Tuesday Only a small amount of that money went toward the business investigators say and at least million went to personal expenses including a home renovation the couple stated the Lord described them to do These charges mark a major step forward in our work to hold the Regalados accountable for their alleged crimes and to bring a measure of justice to the casualties Denver District Attorney John Walsh stated in a comment This is a evolving story and will be updated Sign up to get crime news sent straight to your inbox each day