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A trusted church deacon turns to greed and betra

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fireUPDATE: COPS TV show audio technician dies, hit by police fireWOWT photo

wrote letters to investors, similar to an IOU, but the notes were worthless."These victims were easy prey and Mr. Postal Inspector."He didn't force me to do any of that stuff," says Whitehead. "I did it on my own, but I did it because of the trust I had in him."Postal inspectors say when Spencer's Ponzi scheme unraveled, 100 people lost Nike Purple Long Sleeve

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more than $2 million."When you're going to invest, you need to trust and verify," says Dodson.In the end in this case, all of the money was gone."I can't stick my head in the sand," says Whitehead. "I have to go on and try to overcome it the best I could."William Spencer pleaded guilty to multiple charges of mail and wire fraud and is currently serving a six year sentence in federal prison.Most Popular StoriesMost Popular StoriesMore>>Workers put finishing touches on Hard Rock outdoor concert venueWorkers put finishing touches on Hard Rock outdoor concert venueIt's been almost a month since Sioux City's Hard Rock Hotel and Casino opened its doors. More >>Sioux City police search for witness to alleged kidnappingSioux City police search for witness to alleged kidnappingUPDATE: COPS TV show audio technician dies, hit by police Nike Long Sleeve Training Top

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He prayed with then and Nike Women's Jacket Black then stole from them. A church deacon stole millions from friends and family in a Ponzi scheme. This is a case of betrayal and greed.Spencer promised generous returns of 10 to 12 percent and characterized each investment as a "personal loan." He even Nike Windrunner Black Jacket

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