Ward Investment Scam!: You’re the Bishop (Poll #12)By: Bishop Bill
A brother in your ward has been soliciting investments from members of the ward and stake for a business venture that involves food trucks at local county fairs. Many church members, including a member of the Stake Presidency, have invested amounts of $5000 to $10,000 in this business venture.
The man has not paid anybody back as promised, and some ward members are starting to grumble and have come to you to complain. One investor is your second counselor who has done some investigating and discovered that this guy did the same thing in a previous stake, and that he owes a lot of money to investors in that stake. Your counselor shares this information with the Stake Presidency member who also invested.