Damned Christians

[BrianSoddingBoru4]

Denver pastor, wife indicted in $3.4 million cryptocurrency scam

Eli, who ran the online-only Victorious Grace Church, and Kaitlyn Regalado were indicted by a Denver grand jury on 40 felony charges of theft, securities fraud and racketeering for soliciting nearly $3.4 million from investors who bought into a cryptocurrency they created called INDXcoin, the district attorney’s office announced Tuesday.

Eli Regalado told his parishioners that God directed him to start the cryptocurrency and a related marketplace, Kingdom Wealth Exchange, as a “wealth transfer” for God’s people, according to the indictment.

But only a fraction of that money went toward the business, investigators say. The funds were transferred directly into the couple’s bank and Venmo accounts, and least $1.3 million went to personal expenses, including plane tickets, car payments and a home renovation Eli Regalado said “the Lord” told them to do.

In a since-deleted video posted in January 2024, Eli Regalado admitted he and his wife pocketed the money but insisted “God is not done with this project” and asked his parishioners to stand by the couple.

https://www.denverpost.com/2025/07/22/de...-indxcoin/



But that's how you run the church. When that mother Theresa raised $75 million for the poor but the Vatican took all the money for themselves, no one persecuted them. Not to mention the church of Scientology or the church of LDS.

Mother Teresa didn’t raise money for the poor. She raised money for the Vatican and made no bones about it.

Boru