Former ‘God’s Money’ host accused of luring retirees into Ponzi scheme through radio show

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

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