Ephren Taylor Wikipedia, Wife, Release Date, Net Worth, Today, Wiki

Posted by Noelle Montes on Tuesday, May 7, 2024

Ephren Taylor Wikipedia, Wife, Release Date, Net Worth, Today, Wiki

Ephren Taylor Wikipedia, Wife, Release Date, Net Worth, Today, Wiki -: Ephren Taylor, formerly the youngest African-American CEO of a publicly traded firm at City Capital Corporation, is currently a prisoner serving a term of 19 years, 7 months in federal prison. Taylor, who represented himself as a self-made millionaire, planned and oversaw a Ponzi scheme that defrauded more than 400 people, most of whom were churchgoers.

Ephren Taylor Bio

NameEphren Taylor
NicknameEphren
Age41 years old in 2023
Date Of Birth17th July 1982
ProfessionEntrepreneur
ReligionChristian
NationalityAfrican-American
BirthplaceFort Gibson, Mississippi

Ephren Taylor Measurement

Height5 Feet 10 Inch
Weight70 Kg
Eye ColourBlack
Hair ColourBlack

Ephren Taylor Educational Qualifications

SchoolHigh schools
College or UniversityPrivate University
Educational DegreeGraduated

Ephren Taylor Family

FatherMr. Taylor
MotherMrs. Taylor
Brother / SisterNot Known
ChildrenTwo (Ephren Il, Madison Elise)

Ephren Taylor’s Marital Status

Marital StatusMarried
Suppose NameMeshelle Johnson
AffairsNot Known

Ephren Taylor’s Net Worth

Net Worth in Dollars$15 Million
SalaryNot Known

Ephren Taylor’s Social Media Accounts

InstagramClick Here
FacebookClick Here
TwitterClick Here
YoutubeClick Here

Ephren Taylor News

Ephren Taylor, a church fraudster, was sentenced to 19 years in federal prison.

The U.S. Attorney’s Office announced Tuesday that the man who created a scheme to defraud more than 400 people of $16 million was given a sentence of 19 years and 7 months in federal prison.

Acting U.S. Attorney John Horn’s office claimed that Ephren Taylor II while serving as CEO of City Capital Corporation, oversaw a national Ponzi scheme that preyed on churchgoers. In addition, Taylor, 32, of Overland Park, Kansas, must pay $15,590,752.81 in restitution, according to a statement from Horn’s office sent via email.

Taylor’s “Building Wealth” tour, according to Horn, “accomplished the exact opposite, victimizing hundreds of investors and leaving many of them broke.” He promoted himself as a socially responsible investor in churches across the nation, but his investment opportunities were nothing more than a Ponzi scheme created to increase his own riches. Those who continue to be hurt by his acts receive some justice with this sentence.

According to authorities, Taylor misrepresented during this tour that 20% of proceeds were given to charity. The “Building Wealth Tour” included a stop at the Lithonia-based New Birth Missionary Baptist Church. Taylor and Wendy Connor met potential investors while they were there to talk about potential investments. According to Horn’s office, more than 80 Georgia residents lost more than $2 million as a result of Taylor’s fraud.

Taylor and Connor encouraged investors to make their investments through self-directed IRAs as part of the plan. Many victims invested in the scheme using their retirement savings because they believed Taylor would use them to finance the recommended investments.

However, according to authorities, the plan crumbled in late 2010 and Taylor’s victims lost their assets. Taylor entered a guilty plea to conspiracy to conduct wire fraud on October 8. The same day, Connor, 46, of Raleigh, North Carolina, entered a plea of guilty to transporting fraudulently obtained funds across state lines. She received a five-year prison term and was mandated to pay $5,818,299.13 in restitution.

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