Seventh-day Adventist Church chaplain Eddy Alexandre promised members of his flock that they would get rich by giving him money to invest in cryptocurrency.
“If you bring $10,000, in two years you will become a millionaire,” he declared on an April 28 Zoom presentation. He assured viewers they would get a 5% return “every single week,” meaning they would double their money every five months.
The claim was plainly too good to be true but may not have sounded that way to some in light of crypto’s extraordinary rise. In a nine-month period starting in September 2021, Alexandre lured in 62,000 believers, who invested $59 million through his
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