Scam Artist Hits Up the Lord's House
Updated: Monday, February 17 2014, 12:05 AM CST
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A warning when it comes to who you trust with your money. As FOX17's Scott Couch shows us, that even includes people you meet in church. One man is angry and embarrassed after losing $60,000 in a scam run by a man he met at his own church. Terence Mayfield was invited to speak at the victim's church as a guest speaker. Posing as a certified financial planner, Mayfield claimed he could help the congregation make money for themselves and the church. Mayfield would show potential investors pictures of properties that were supposedly in foreclosure.
It was all a scam and just one more layer to an elaborate ponzi scheme Mayfield had been running for years. More than a dozen victims lost around $1.2 million in this church. The financial and emotional toll has been devastating. A judge sentenced Mayfield to 8 years in prison. The victim believes Mayfield will never pay back the money and will rip people off as soon as he's out of prison.
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