A pastor in Washington has been accused of defrauding his congregation with a fake crypto investment scheme, stealing $5.9 million.
Federal prosecutors allege that the pastor persuaded members of his congregation to invest in a high-yielding cryptocurrency opportunity, but the investments turned out to be fictitious.
The pastor used the stolen funds for personal expenses, including luxury vehicles and real estate.
The pastor is facing charges of wire fraud, money laundering, and security fraud.