Peachtree City man pleads guilty in scam targeting Christians

ATLANTA (AP) – A Georgia man has pleaded guilty in a scam that prosecutors say bilked investors out of almost $16 million by targeting Christians. The Atlanta Journal-Constitution reports that 67-year-old Eldon A. Gresham of Peachtree City pleaded guilty to mail fraud. He was set to stand trial in Texas on Monday in what prosecutors describe as a foreign currency exchange scheme. Gresham is a former regional director of the Fellowship of Christian Athletes. Prosecutors say he solicited money from about 90 people by promising monthly returns up to 10 percent.
An indictment says Gresham told potential investors his success was due to the Lord's blessings. He claimed his program was open to a limited number of Christians. Many of his victims were elderly. Prosecutors say Gresham will forfeit $15.8 million. © 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More Local

Coweta Commission

Fire department to provide limited EMS

The Coweta County Fire Department will officially take over Coweta’s emergency medical services on May 1, but starting this week, fire ... Read More


African choirs deliver gospel with energy, enthusiasm

“They sing from their hearts.” Joy Barnes was reflecting on children from an African choir who sang in Newnan a few years back. ... Read More


Man arrested for multi-year caster heist

Most people might not know what a caster is, but one Coweta County man spent the last two-and-a-half years stealing more than $200,000 worth ... Read More


School bus involved in 3-vehicle accident

A Coweta County school bus was involved in a three-vehicle accident Wednesday, and while no students were injured, both drivers in the two o ... Read More


Child porn charges added to case

A man who was arrested last year for a child-related offense received more charges Wednesday after child pornographic content was found on h ... Read More

Carson makes presidential bid official

In 2010, Ben Carson spoke at a Coweta County church, but in 2017, he would like to be in a different pulpit – the bully pulpit of the ... Read More