*It looks like Bishop Eddie Long has some new legal and ethical problems to deal with.
On top of claims by four men that he seduced them sexually while they were teens, reports say he’s also being investigated by the U.S. Secret Service for being linked to a “questionable mortgage venture” that caused many church members to lose their homes.
According to CBS Atlanta News, Long is accused of using his New Birth Missionary Baptist Church to assist in a corrupt mortgage scheme.
Matrix Capitol Mortgage Company and its front man, Fred Lee, held mortgage payment seminars at New Birth, promising to lower homeowners’ payments.
Instead many of the attendees – some of whom where New Birth members – lost their homes to foreclosure and ended up in bankruptcy.
Weekly, Lee would come to New Birth and collect money $1,500 a piece from over 1,000 attendees after he convinced them that he could get them better notes.
“People trusted Lee because he made the promises of lowering their mortgages in the sanctity of their own church, reported CBS Atlanta News.”
In a statement, a spokesperson for Long says New Birth only provided Lee with a room to hold his meetings.
Read more HERE.