{"id":6923,"date":"2019-04-15T15:32:05","date_gmt":"2019-04-15T20:32:05","guid":{"rendered":"https:\/\/www.investorlawyers.com\/?p=6923"},"modified":"2019-04-15T15:32:05","modified_gmt":"2019-04-15T20:32:05","slug":"pastors-accused-of-25m-affinity-scam","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/pastors-accused-of-25m-affinity-scam\/","title":{"rendered":"&#8220;Pastors&#8221; Accused of $25M Ponzi Scam"},"content":{"rendered":"<p>\t\t\t\tThe <a href=\"https:\/\/www.sec.gov\" target=\"_blank\" rel=\"noopener noreferrer\">US Securities and Exchange Commission (SEC) <\/a>has filed fraud charges against two men claiming to be pastors of a church at a strip mall in Orange County, California. Kent R.E. Whitney and David Lee Parrish are accused of targeting members of their local Vietnamese community and defrauding investors of millions of dollars. The regulator has obtained an asset freeze in what it is calling a $25M Ponzi scam.<\/p>\n<p>Whitney, who has a <a href=\"https:\/\/www.sec.gov\/litigation\/complaints\/2019\/comp24426.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">criminal fraud <\/a>record, is the founder of The Church for the Healthy Self. The Commission said that he established the church three months after getting out of federal prison where he had been serving time for a different investment scam that had defrauded 10 investors of over $600K.<\/p>\n<p><em><strong>The regulator contends in its complaint that The Church for the Healthy Self\u2019s investment program, called the CHS Trust, touted:<\/strong><\/em><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/pastors-accused-of-25m-affinity-scam\/\"  title=\"Continue Reading &#8220;Pastors&#8221; Accused of $25M Ponzi Scam\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US Securities and Exchange Commission (SEC) has filed fraud charges against two men claiming to be pastors of a church at a strip mall in Orange County, California. Kent R.E. Whitney and David Lee Parrish are accused of targeting members of their local Vietnamese community and defrauding investors of millions of dollars. The regulator [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6943,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3918,3792,3760],"tags":[3363,3364,3365,3366],"class_list":["post-6923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-affinity-fraud","category-ponzi-scams","category-sec-enforcement","tag-chs-trust","tag-david-lee-parrish","tag-kent-r-e-whitney","tag-the-church-for-the-healthy-self"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>&quot;Pastors&quot; Accused of $25M Ponzi Scam &#8212; Investor Lawyers Blog &#8212; April 15, 2019<\/title>\n<meta name=\"description\" content=\"Two men claiming to be pastors of a church at a strip mall in Orange County, are accused of defrauding investors of millions of dollars.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/pastors-accused-of-25m-affinity-scam\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"&quot;Pastors&quot; Accused of $25M Ponzi Scam &#8212; Investor Lawyers Blog &#8212; April 15, 2019\" \/>\n<meta name=\"twitter:description\" content=\"Two men claiming to be pastors of a church at a strip mall in Orange County, are accused of defrauding investors of millions of dollars.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/04\/4.15.19.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\"Pastors\" Accused of $25M Ponzi Scam &#8212; Investor Lawyers Blog &#8212; April 15, 2019","description":"Two men claiming to be pastors of a church at a strip mall in Orange County, are accused of defrauding investors of millions of dollars.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/pastors-accused-of-25m-affinity-scam\/","twitter_card":"summary_large_image","twitter_title":"\"Pastors\" Accused of $25M Ponzi Scam &#8212; Investor Lawyers Blog &#8212; April 15, 2019","twitter_description":"Two men claiming to be pastors of a church at a strip mall in Orange County, are accused of defrauding investors of millions of dollars.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/04\/4.15.19.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/pastors-accused-of-25m-affinity-scam\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/pastors-accused-of-25m-affinity-scam\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"&#8220;Pastors&#8221; Accused of $25M Ponzi Scam","datePublished":"2019-04-15T20:32:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/pastors-accused-of-25m-affinity-scam\/"},"wordCount":424,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/pastors-accused-of-25m-affinity-scam\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/04\/4.15.19.jpg","keywords":["CHS Trust","David Lee Parrish","Kent R.E. 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