Monday, July 28, 2008

Baptist minister fleeces flock with fraudulent mortgages

Many Christians are fond of the metaphor of a good shepherd tending his flock.

It seems the flock at Ardmore Terrace Baptist Church in Frayser, Tennessee, a suburb of Memphis, got a good shearing and fleecing recently.

The pastor of the church, Rev. Steve Young, was indicted for scheming to defraud mortgage companies by using the names and credit of members of his congregation to secure mortgages, forging their signatures onto closing documents, according to a Memphis-based news website.

Young's bail was revoked on Thursday and he was returned to jail on fears that he would continue his alleged swindles while free on bond. The Tennessee Baptist Convention's website still lists Young as pastor of the Ardmore Terrace Baptist church.

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