Church Money Used for “Ponzi” Fraud Scheme–Kansas Investigator
Update by Chuck Fager
Wichita, Kansas – Maurice Roberts, the former Superintendent of Mid-America Yearly Meeting, testified for several hours Thursday as a key witness in a major church fraud trial here. Priscilla Deters, 63, of Walnut, California is being tried on 13 charges of wire and mail fraud in U.S. District Court. The charges are in connection with a “Ponzi” scheme which prosecutors say collected over $6 million from churches and church members in twenty-one states.
Continue reading Cherokee Quaker Church Fraud
Welcome to the online edition of A Friendly Letter. In addition to back issues, there are some new reports as well. The major new report is about two multi-million dollar financial frauds, perpetrated on Quakers and other churches. Another new addition is a personal tribute to Bill Kriedler, a very fine Quaker minister who died in June, 2000.
Continue reading A Friendly Letter: Intro to the Blog
by Chuck Fager
Wichita, Kansas — Priscilla Deters, 63, of Walnut, California went on trial here Tuesday on 13 counts of wire and mail fraud, in connections with investment programs run by her company, Productions Plus.
Continue reading February 24, 1998: Deters Trial Opens in Wichita
Update by Chuck Fager
Wichita, Kansas — Part of the more than $400,000 collected by the Cherokee Friends Church, intended for investment in a profitable business, was instead used to pay back a Quaker College in Kansas as part of a “Ponzi” fraud scheme, a Kansas jury was told today.
Continue reading February 25, 1998: Cherokee Quaker Church Money Used for “Ponzi” Fraud Scheme–Kansas Investigator
“Quakers make good victims,” says Steve Schroeder.He should know; as a federal prosecutor since 1974, he’s seen enough of them. Fraud victims, that is; Quakers were a relatively new experience. In particular, the ones who quoted the Gospel to him about staying out of court.
Continue reading “Quakers Make Good Victims”
In the early 1950s, Billy Britt attended Peoples Bible College in High Point, North Carolina. In 1993, Peoples had become John Wesley College, and Britt’s wife Viola was a member of its board. Frank Scurry, the NCYM pastor who also headed the Houston extension program there, told John Wesley’s President, Brian Donley, about Deters and Productions Plus. Donley was interested. His school was in tenuous financial condition: in debt, unaccredited, and paying very low salaries to its faculty. Donley and his board could think of many uses for matching grants: retiring the debt, some new building, scholarships.
Continue reading The Scent of Fraud Reaches The Houston Graduate School of Theology
A plethora of lawsuits are likely to spring from Operation Islandscam, the feds’ code name for the Phil Harmon scandal. But that’s not all it is likely to produce.Last Halloween, when Phil Harmon formally entered his guilty plea, Steve Schroeder told reporters he expected there would be up to a half dozen more criminal indictments in the case. When I asked him if this was just grandstanding, he said flatly, “I don’t bluff.”He doesn’t hurry, either. Schroeder said in January of this year that the new round of indictments probably won’t be anounced until spring, maybe late spring. For that matter, Phil Harmon is not to be formally sentenced until May 4, six months after his plea. In the meantime, he remains somewhat at liberty, though subject to numerous restrictions.
Continue reading Quaker $$$ Scandal Update: Will An Ex-Superintendent be Indicted?
Courtroom theatrics is not what the Harmon case is about. Its “bottom line” is the theft from 230 people, mostly elderly, of their life savings, and of health coverage from several hundred more. That’s what it’s all about.Nevertheless, when Harmon comes back to court on May 4 of this year, there ought to be some drama in the courtroom.
Continue reading Phil Harmon’s Victims Speak