British church treasurer jailed over crypto
In Shifnal (United Kingdom), church treasurer Desmond Rogers of St. Andrew's has been sentenced to imprisonment for stealing over £170,000 from donations made by parishioners and scouts.
From 2018 to 2023, he secretly siphoned funds from church accounts and invested them in a cryptocurrency scheme that turned out to be fraudulent. All the money was stolen, and Rogers described himself as a 'victim of deception'.
The court found him guilty of theft and fraud. The exact sentence is not disclosed, but according to British practice, he faces up to 7 years in prison.
Meanwhile, in the USA, Pastor Lorenzo Sewell has launched his own meme coin LORENZO and is urging believers to 'support it with dollars'.
Crypto does not forgive gullibility, even if you are in a cassock.
