Viral Gists

Pastor Eli Regalado Scams Church Members In Cryptocurrency Scheme, Says ”God Told Him To Do It”

Published

2 years ago

25/01/2024

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Pastor Eli Regalado and his wife in the United States, has been accused of orchestrating a cryptocurrency scam that resulted in the loss of $1.3 million for investors.

Alongside with his wife, Kaitlyn, they created and sold INDXcoin, a cryptocurrency, to members of their church in Colorado. The couple allegedly misled potential investors by claiming that God had instructed them to promise wealth to those who invested in the cryptocurrency.

Pastor Eli Regalado, and his wife, Kaitlyn

However, it was later revealed that INDXcoin had little to no actual value, causing significant financial losses for the investors while the Regalados lived extravagantly.

READ ALSO- Video: Suspected G@y Pastor Exposed In Ibadan By Church Members Who Alleged He Gifts Them Data To Watch How To M@sturbate Videos Online

Eli admitted in a video on the INDXcoin website that they had misused the $1.3 million raised through cryptocurrency and expressed hope for divine intervention in their financial situation.

The couple managed to raise approximately $3.2 million from over 300 individuals between June 2022 and April 2023, of which at least $1.3 million was spent on personal luxury items and other expenses unrelated to the cryptocurrency project.

“The charges are that me and Kaitlyn pocketed $1.3m. I just wanted to come out and say those charges are true.

A few hundred thousand dollars went to a home remodel the Lord told us to do. We took God at his word and sold a cryptocurrency with no clear exit,” he said.

Additionally, they raised around $290,000 for their online church without experience handling cryptocurrency matters or addressing technical issues related to INDXcoin’s code.

Related Topics:Pastor Eli Regalado Pastor Eli Regalado Scams Church Members In Cryptocurrency Scheme

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Pen Gossiper

Hi, I'm [Oluwafemi Talabi, popularly known as PEN GOSSIPER], and I'm passionate about bringing you the latest and most relevant news from around the world. I started this blog in [2016] as a way to share my insights and opinions on current events, politics, culture, and more. My goal is to inform, educate, and entertain you with engaging and well-researched content. Whether you're looking for breaking news, analysis, commentary, or stories that matter, you'll find them here on [FMT BLOG femotech.com.ng]. I hope you enjoy reading my blog as much as I enjoy writing it. Thank you for your support and feedback. Feel free to contact me anytime at [fmtblog4u@gmail.com]

3 Comments

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Viral Gists

Dating A Short Man Feels Like I Am Dating My Son— Diminutive Ghanaian Woman (Video)

Published

1 year ago

29/11/2024

Pen Gossiper

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A short-statured Ghanaian woman has sparked online debate after making contentious remarks regarding her romantic relationship preferences.

During a recent interview with De God Son TV, the diminutive lady expressed her aversion to dating guys of shorter height despite her diminutive Ghanaian woman. She remarked that short men do not match her “specifications” for relationships.

When questioned about her explanation, she stated that she sees shorter men as resembling infants, even though they are adults.

“I have a 7-year-old son, so dating a short man feels like dating my son,” she explained, finding parallels between her personal and romantic lives.

Watch the video below.

Dating A Short Man Feels Like I Am Dating My Son— Diminutive Ghanaian Woman #trending #thefmtblog @FMT_BLOG pic.twitter.com/bC5jJPjpfz
— FMTBLOG (@FMT_BLOG) November 29, 2024

Celebrity

Davido Trends As His New Rolls Royce And Tesla Cybertruck Land In Nigeria (PHOTOS)

Published

1 year ago

29/11/2024

Pen Gossiper

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Once again, Nigerian singer Davido has made headlines for proving his status as a rich man with two luxury cars entering Nigeria: a Rolls-Royce and a Tesla Cybertruck.

The musician posted a picture of the trip on social media, his pure white Rolls Royce parked on the runway, ready for shipment.

https://femotech.com.ng/coming-out-as-hiv-positive-was-harder-than-coming-out-as-gay-gay-rights-activist-bisi-alimi-video/

Another photo depicted the Tesla Cybertruck being loaded into an aircraft to verify the truck’s arrival in Nigeria.

Cubana Chief Priest, another close associate and entrepreneur, also saluted the new cars with an Instagram image. He congratulated Davido on his feats, dubbed him the “GOAT,” and hinted at a festive December with new vehicles added to the singer’s collection.

Viral Gists

”Coming Out As HIV Positive Was Harder Than Coming Out As Gay”- Gay Rights Activist, Bisi Alimi (VIDEO)

Published

1 year ago

28/11/2024

Pen Gossiper

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Gay rights activist Bisi Alimi, in a podcast, narrated how he was scared of coming out to declare his sexual orientation, whereas the stigma attached to being HIV positive was harder than coming out as gay.

Coming out as HIV positive was harder than coming out as gay — Gay activist Bisi Alimi

Bisi further added that an average man expects to follow a predefined path of growth, which includes teenage years through university level, to get a degree and a job.

He noted that he couldn’t follow the predefined path of growth, which was why he came out to declare his sexual orientation.

https://femotech.com.ng/pay-me-back-my-n20000-dowry-man-tell-wife-who-says-she-developed-hatred-for-him-two-weeks-into-their-marriage/

Bisi Alimi further said that his making his sexual orientation public doesn’t mean he did to throw a party, but rather to shun all expected people placed on him.

”I am not coming out to spite you; I have been gay since way back; I didn’t just become gay yesterday.”

To watch the complete conversation, see the video below.

https://www.youtube.com/watch?v=G6J2U7kzW80

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Pastor Eli Regalado Scams Church Members In Cryptocurrency Scheme, Says ”God Told Him To Do It”