I-TEAM: Settlements for some in Bishop Eddie Long's congregation - New York News

I-TEAM: Settlements for some in Bishop Eddie Long's congregation

Posted: Updated:
ATLANTA, Ga. -

He came into church with promises of riches for Bishop Eddie Long's congregation.

Ephren Taylor, a self-described financial guru, left with nearly a million dollars in investments.

But, according to a lawsuit, it was nothing more than a Ponzi scheme and nearly all of it was lost.

Now, 13 members of Bishop Long's church have settled their lawsuit with Bishop Long and Ephren Taylor.

The settlement brings to an end this tragic tale of what one lawyer calls misguided trust.

Bishop Long says the matter is now resolved to everyone's satisfaction.

Senior I-team reporter Dale Russell, first uncovered this scheme 3 years ago and has this exclusive report.

  • I-Team Story ArchiveMore>>

  • Reality TV Star Todd Chrisley faces tough questions

    Reality TV Star Todd Chrisley faces tough questions

    Tuesday, August 19 2014 10:58 PM EDT2014-08-20 02:58:47 GMT
    It's one of the hottest reality TV shows in the country and it stars an Atlanta millionaire.It's called "Chrisley Knows Best" and Todd Chrisley is the flamboyant lead.But Senior I-team reporter Dale Russell has been digging through court records and says "reality" means something different to people who have done business with Chrisley.
    It's one of the hottest reality TV shows in the country and it stars an Atlanta millionaire.It's called "Chrisley Knows Best" and Todd Chrisley is the flamboyant lead.But Senior I-team reporter Dale Russell has been digging through court records and says "reality" means something different to people who have done business with Chrisley.
  • Save money by grocery shopping at the right time

    Save money by grocery shopping at the right time

    Monday, August 18 2014 1:14 PM EDT2014-08-18 17:14:49 GMT
    Here's the sure fire way to stay on budget at the grocery store: Plan your menu in advance, make a list then stick to it. So how is it that you're still spending more than you should and ending up with less than you need? Because too many of us shop at the wrong time.
    Here's the sure fire way to stay on budget at the grocery store: Plan your menu in advance, make a list then stick to it. So how is it that you're still spending more than you should and ending up with less than you need? Because too many of us shop at the wrong time.
  • Credit card transfers: read the fine print

    Credit card transfers: read the fine print

    Friday, August 15 2014 9:00 AM EDT2014-08-15 13:00:05 GMT
    A credit card balance can easily get out of control. You can chip away at that debt by transferring the balance to a lower interest card.  But, before you jump on that great offer, hit 'pause'. It's not for everyone.
    A credit card balance can easily get out of control. You can chip away at that debt by transferring the balance to a lower interest card.  But, before you jump on that great offer, hit 'pause'. It's not for everyone.
  • Contact the FOX 5 I-Team

    * denotes required fields

    We're sorry, but only one entry is allowed per person.
    Thank you for your continued interest.

    Thanks for contacting FOX 5.  To reach our newsroom by phone, please call (404) 898-0100.

Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices