Mormon Bishop & Investment Fraud

Mormon Bishop Investment Fraud - Mormon Doctrine Studies - Posted: 2nd Jan, 2013 - 9:49pm

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Used his position as Bishop to engage in unlawful activity.
Post Date: 2nd Jan, 2013 - 9:49pm / Post ID: #

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Mormon Bishop & Investment Fraud

Chad Bennett Reid former Mormon Bishop

Chad Bennett Reid, 57, of South Ogden, was charged with three counts of securities fraud and one count of engaging in a pattern of unlawful activity, all second-degree felonies, for allegedly swindling at least three people out of more than $100,000. Charging documents state that the fraud occurred between March 2005 and February 2009 and resulted in a loss of $270,500 taken from 31 different investors. Ref. Source 2

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