Indiana megachurch financier gets 54 years for Church Construction Ponzi scheme
Religion • 12/09/10 12:34:58 pm • Views: 941
A former southern Indiana pastor will likely spend the rest of his life in prison for pocketing millions of dollars that investors believed would be spent to build or expand churches.
A judge sentenced 66-year-old Vaughn Reeves to 54 years in prison during a court hearing Tuesday in Sullivan. A jury convicted him in October on nine counts of securities fraud.