Latest / Texas News Today | 2 Min News | The Daily News Now!
Pastor Accused in $3.2M Fraud Scheme | Texas News
Arlington pastor Richard Reinaldo Garcia faces serious federal charges after allegedly swindling over 50 investors out of more than $3.2 million through a sophisticated fraud scheme disguised as church renovation projects and spiritual investments. Prosecutors say Garcia used church-related fronts to funnel money for personal gain, diverted funds for business and lifestyle expenses, and even instructed some investors to disguise payments as charitable donations. Now charged with wire fraud, conspiracy to commit wire fraud, and aggravated identity theft — including using someone else’s…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.