Holy Roller Hustle: Pastor’s “Dream” Crypto Scam Swindles Millions!
Pastor Francier Obando Pinillo is accused of running a divine disaster with his cryptocurrency scam, Solano Fi, allegedly swindling $5.9 million from 1,500 believers. He promised heavenly returns of 34.9% but delivered earthly losses, claiming it all came to him in a dream. Talk about a nightmare investment!
Hot Take:
When it comes to blending spirituality and finance, Pastor Francier Obando Pinillo took the holy grail of investment advice a little too literally, claiming divine inspiration for a crypto scheme that turned out to be more ‘holy crap’ than holy capital. With promises of celestial returns, his congregation’s wallets might need a miracle to recover from this unholy mess.
Key Points:
- Pastor Francier Obando Pinillo has been indicted on 26 counts of fraud.
- The fraudulent scheme, Solano Fi, promised 34.9% monthly returns.
- The scam involved at least 1,500 investors and defrauded them of $5.9 million.
- Pinillo allegedly used his role as a pastor to gain trust and recruit investors.
- Instead of investing, funds were used for personal expenses, with fake returns shown on a web app.
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