federal grand jury has indicted a Peachtree City businessman on charges that he bilked elderly investors out of $15.8 million. This story was published here more than a year ago, click here for more details.
U.S. Attorney James T. Jacks in Dallas said Eldon A. Gresham Jr. was indicted on 10 counts of mail fraud in connection with a foreign currency exchange trading company he operated.
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Prosecutors say that Gresham recruited at least 90 people in Georgia, Texas and several other states to invest in his business. Jacks said he targeted elderly Christians, telling them that their investments would “further God’s work.”