Former ‘God’s Money’ host accused of luring retirees into Ponzi scheme through radio show (via Raw Story )

The former host of a Saturday morning Christian radio show was arrested this month in connection with a Ponzi scheme that bilked 38 people in Florida out of $6 million. Gary Gauthier was arrested last week in Tampa, reported the St. Petersburg Tribune, and charged with one count each of racketeering and conspiring to engage in a pattern of racketeering behavior, two counts each of organized fraud and security fraud, and six counts each of sale of an unregistered security and sale of a security by an unregistered dealer.

Another man, David Dreslin, was arrested earlier this month on the same charges in connection with the case.

Posted by Libergirl