Denver Pastor Accused of Crypto Fraud Spotted Preaching Finance in Zambia

• Denver pastor Eligio Regalado, accused of crypto-fraud, seen preaching in Zambia after skipping U.S. court appearance.
• Regalado allegedly misappropriated $1.3 million from church members through a cryptocurrency investment scam.
• Assets of Regalado and his wife frozen, barred from selling securities in Colorado.
• Regalado claims half of the misappropriated funds went to IRS, defends actions as following divine instructions.
• Despite charges, Regalado continues preaching finance, touting “Kingdom way” of making money.

Denver Pastor Spotted Preaching in Zambia Amid Crypto Fraud Allegations

Denver pastor Eligio Regalado, accused of misappropriating $1.3 million raised through a cryptocurrency investment scam, was recently spotted in Zambia preaching about finance. This comes just days after he reportedly failed to appear in a U.S. court.

Regalado and his wife faced charges of defrauding their followers to fund their extravagant lifestyle. A court has frozen their assets and prohibited them from selling securities in Colorado.

In a video statement, Regalado admitted to the allegations but claimed that half of the funds were sent to the IRS and a portion used for home remodeling, following divine instructions.

Despite legal troubles, Regalado continued his financial teachings, emphasizing a “Kingdom way” of making money during a conference in Zambia.