Former CEO accused of targeting churchgoers

Former CEO accused of targeting churchgoers October 31, 2011
With confidence and zeal, Ephren Taylor riveted audiences at mostly black churches with a list of his impressive accomplishments and an uncanny business sense. He had the blessing of top clergy as he gave financial seminars from the pulpit on Sundays, promising rock-solid investments — only many of the churchgoers said they haven’t seen a dime.

Lillian Wells, 60, faces foreclosure as she sits in her home Wednesday, Oct. 26, 2011 in Covington, Ga. Wells lost $122,000 in her life savings that was given to Ephren Taylor’s company after hearing him speak at an Atlanta church. (AP Photo/David Goldman)

Lillian Wells, 60, faces foreclosure as she sits in her home Wednesday, Oct. 26, 2011 in Covington, Ga. Wells lost $122,000 in her life savings that was given to Ephren Taylor’s company after hearing him speak at an Atlanta church. (AP Photo/David Goldman)

Lillian Wells, 60, faces foreclosure as she stands in the dining room of her home Wednesday, Oct. 26, 2011 in Covington, Ga. Wells lost $122,000 in her life savings that was given to Ephren Taylor’s company after hearing him speak at an Atlanta church. (AP Photo/David Goldman)

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