Commentary — 27 October 2011

Ephren Taylor, the North Carolina businessman involved in an investment program at Bishop Eddie

Ephren Taylor

Long’s Atlanta-area megachurch where former members claim they lost their retirement savings says he’s taking action to “make things right.”

A group of church members is suing New Birth Missionary Baptist Church and its embattled pastor, saying they conspired with businessman Ephren Taylor Jr. to defraud the members through “wealth-building” seminars and sermons in 2009, reports the Associated Press.

In my case and that of my former company, some of the negative effects of a situation with very complex economics impacted businesses, individuals and families despite our best intentions”

– Ephren Taylor

Attorneys for the church members say in a DeKalb County lawsuit that Taylor urged them to liquidate their retirement accounts, and as a result some lost their life savings.

The U.S. Secret Service and the Internal Revenue Service are also investigating issues surrounding the seminars, which were hosted at the Lithonia-based church which claims 25,000 members, federal officials said.

“Don’t assume that I am just another greedy businessman,” Taylor said in the statement. “I am taking action to make things right.”

Taylor is also named as a defendant in a federal lawsuit filed this month in U.S. District Court in North Carolina.

Full Story HERE.

 

The Mo’Kelly Report is a syndicated politics and entertainment journal.  Visit http://mrmokelly.com for the latest from Mr. Mo’Kelly and contact him at mrmokelly@gmail.com.

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Morris O'Kelly

The Mo'Kelly Report is a syndicated politics and entertainment journal. Visit http://mrmokelly.com for the latest from Mr. Mo'Kelly. Tune into The Mo'Kelly Show every weekend. Saturdays and Sundays 6-8pm PST on KFI AM640. Contact Mo'Kelly: Mo ~ at ~ TheMoKellyShow ~ dot ~ com

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