The old expression “when it rains it pours” seems to fit Bishop Eddie Long. Bishop Long is now facing another legal battle, the U.S. Secret Service is investigating him for being linked to a “questionable mortgage venture” that caused many church members to lose their homes.
Long is accused of using his New Birth Missionary Baptist Church to assist in a corrupt mortgage scheme. Fred Lee, the frontman for Matrix Capitol Mortgage Company held mortgage payment seminars at New Birth, promising to lower homeowners’ payments.
Each week the company would collect thousands of dollars from church members promising to lower their mortgage payments but instead many of the homeowners lost their homes in foreclosure.
A spokesperson for Long says New Birth only provided Matrix Capitol with a room to hold his meetings. This latest investigation comes on top of a lawsuit filed by four men that claim Long seduced them sexually while they were teens.
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