Tuesday, December 21, 2010

Bishop Eddie Long’s Church Connected to Alleged Financial Fraud

by Dr. Boyce Watkins, Syracuse UniversityScholarship in Action 

Bishop Eddie Long is in the media again, and not for good reason. Long and another Atlanta megachurch pastor, Gary Hawkins, have been linked to a mortgage company that is being investigated by federal authorities for allegedly stealing money from church members.
The company, Matrix Capital, has been allowed to hold financial seminars in the churches of both men, offering to help lower their mortgages in exchange for $1,500 payments. According to police, thousands of people paid money to Matrix, but ended up filing bankruptcy and/or losing their homes.
Fred Lee, the proclaimed front man for the company, was allegedly able to convince quite a few church members to give him their money primarily because he addressed them within the confines of their joint church environment. The Secret Service and the DeKaulb County Police are now investigating Lee.


Click to read.


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