Police investigate alleged fraud involving former footballer

12 February 2017 04:11
Charity Commission report found Kingsway International Christian Centre lost most of £5m invested by the former Charlton footballer Richard RufusThe City of London police are investigating an alleged fraud involving a former Premier League footballer who lost £3.9m from one of Britain’s richest evangelical churches in a disastrous investment scheme.The criminal investigation follows a Charity Commission report into “mismanagement” at Kingsway International Christian Centre, which invested £5m with the former Charlton Athletic player Richard Rufus. Rufus was found by a civil court judge in 2015 to have operated a Ponzi-style scheme between 2007 and 2011, losing or spending £8m from several investors. Related: Religion: Pentecostalist gathering draws worshippers keen to get richer Continue reading. . read full article

Source: TheGuardian


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