West Coast pastor scammed church members out of $13M, called victims demons

A Washington pastor’s unholy deeds have come to the attention of the U.S.Attorney’s Office.Cristian Popescu, from Kirkland’s Christian congregation called ‘Passion for Christ,’ has been indicted for defrauding members of his church of $13 million.The 46-year-old from Bothell, Washington, allegedly lured investors into his bogus company by telling them God had chosen them to fund his business.

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By clicking above you agree to the Terms of Use and Privacy Policy.Never miss a story Federal prosecutors say Popescu’s alleged scam began in 2015 with Followone, Inc., a Bellevue-based startup he passed off as an all-in-one e-commerce giant and social network.He allegedly fabricated claims of millions in revenue, soaring stock value, and an impending Nasdaq IPO to get 30 investors onboard.

In reality, the marketplace was nothing but a non-functional web of dummy screens.One victim invested nearly $1 million in one wire transfer; others were nearly $600,000 and $500,00, authorities said.“At one point, Popescu claimed Followone Inc had a value of $1.4 billion, when he knew it had little or no value,” the U.S.

Attorney’s Office, Western District of Washington, said in a statement Wednesday.Popescu allegedly told his victims they could be on the board of the company if they invested $1 million, authorities said.He would routinely ask victims to funnel out money from their retirement accounts and children’s college savings accounts to invest in the company, prosecutors said.The investigators said he used shell companies to show that the business at Followone was booming, but “he was just using investor money to pay fake invoices and then used those payments to shell companies he controlled for his own benefit.”“These charges allege that a religious leader abused the trust of his fellow believers to st...