Ephren Taylor, the Black Church’s Bernie Madoff, revealed on ABC’s Nightline (video)

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Yall remember Ephren Taylor, the one time teenage video making millionaire who went on to become the youngest african american financial advisor who scamed mega churches across the country including Eddie Long’s, New Birth Missionary Baptist Church and Joel Osteen’s,  Lakewood Church by peddling an 11 million dollar Ponzi Scheme.

Well, he was in the news again, this time in an exclusive report on ABC’s  NIGHTLINE

According to ABC, The SEC claims Taylor spent his investors’ money on his car payments, credit card bills and rent on a New York City apartment. The SEC also alleged that he doled out cash to make a splashy music video starring his wife, Meshelle, draped in white fur and diamonds. The name of the song? “Billionaire.”  (SMH)

Ephren Taylor has been noted as the Bernie Madoff of the African- American Church Community.
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Click here to read more on ABC NIGHTLINE story

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