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Tuesday 7 June 2011

Fleecing the Faithful--Again: Former YWAM Leader Defrauds Many (June and July 2011)

Responses to the Christianity Today Article 
(published in print and online June 2011)


At last, a respected periodical has done an article
on the Nordic Capital Investment scheme (NCI).

Did the article help you understand NCI and fraud better?
Is there other information you would like to clarify or include? 
Comment below!

Three essential and disturbing items still linger for us after reading the article:

1. Where is the money--and will this be acknowledged and further traced?
Significant NCI money flows, based on court docs, were going to places such as Mercy Ministries International and New Generation Foundation, including money that went to Le Rucher. This is money that belongs to investors-victims and needs to be returned. For more information/documents see Information and Observations about NCI and Suggestions: Going Forward (point six) on the PETRA People website.

2. How has YWAM been affected--and will there be an independent review?
The comments of Lynn Green, YWAM's spokesperson and (former) International Chair, regarding NCI and YWAM are very hard to understand in light of the court documents and others' testimonies/statements.  For more information/documents see the recent letter asking YWAM leaders for assistance and the previous letters asking for assistance on the PETRA People website.

3. Who are the people involved in setting up and running NCI--and when will this more fully be investigated?

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