Pastor Turned Fraudster Pleads Guilty | Kansas City News

A Missouri bank VP turned pastor, Craig Johnson, 45, just pleaded guilty to wire fraud, bank fraud, and identity theft — defrauding victims and his own bank of $9 million by running a cattle scheme that was really a high-stakes Ponzi. He convinced people to invest or take loans from his bank, then funneled the cash into risky micro-cap stocks he lost — while also paying earlier investors with new victims’ money. His church role ended last year; sentencing looms. A cautionary tale of how trust can be weaponized. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/683233ac0a12b2e9