Tuesday, November 16, 2010

Pastor Pleads Guilty To Fraud

Missouri: The United States Attorney’s Office announced Thursday that Danny O’Guin pled guilty to a scheme to get loans from church members between April 2006 and March 2009.

O’Guin exploited his position as a religious leader to the members of the church who felt compelled to agree to the loans despite their reservations about the transactions.

Read More: Danny O’Guin

At various times, O’Guin falsely stated that he needed money for a particular purpose and then would use the borrowed money for another purpose. He also used false pretenses to put off or lull members asking for their money back.