Bishop Eddie Long Under Secret Service Investigation Over Mortgage Scheme

bishop eddie long

» by C. Vernon Coleman II December 20, 2010, 14:46pm

It hasn't been a good year for Bishop Eddie Long.

The Lithonia mega-church pastor already has four open lawsuits by men claiming he seduced them into sex while they were teens and now it is being reported that he's also being investigated by the U.S. Secret Service for being linked to a “questionable mortgage venture” that caused many church members to lose their homes.

Long is accused of using his New Birth Missionary Baptist Church to assist in a corrupt mortgage scheme, according to reports by CBS Atlanta.

Matrix Capitol Mortgage Company and its front man, Fred Lee, held mortgage payment seminars at New Birth, promising to lower homeowners' payments.

Instead many of the attendees – some of whom where New Birth members – lost their homes to foreclosure and ended up in bankruptcy.

Weekly, Lee would come to New Birth and collect money $1,500 a piece from over 1,000 attendees after he convinced them that he could get them better notes.

CBS Atlanta reports “people trusted Lee because he made the promises of lowering their mortgages in the sanctity of their own church.”

In a statement, a spokesperson for Long says New Birth only provided Lee with a room to hold his meetings.

The case against Lee is now being investigated by DeKalb County police and the Secret Service.

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  • ver

    Wow Long. You have sunk lower than I could even imagine.

    I hope your members walk away in droves. Perhaps, they now see that they were just sheeple rather than beloved members.

    Sad, sad, sad.

  • http://www.mediaanarchist.wordpress.com Media Anarchist

    DAMN THEY ARE GOING TO WIND UP TAKING EVERYTHING EXCEPT HIS WIG LOL!

  • j2

    Im sorry but people have to start using their God given common sense! Just because someone is telling you something in the house of God does not mean they respect it enough to not manipulate and lie to you. All i can do is smh if Eddie had any part or knowledge of this matter

  • Pebblebeach

    Does not make a difference..Eddie Long will survive, pay off those boys and be revered by his faithful followers....same ole same ole....

  • Mixi

    $1500 for real??? They couldn't pay their mortgage but they could afford to give a crook $1500?! Dumb a s s e s deserve to have their homes forclosed on.

  • Tam

    ITA Mixi. Just dumb.

  • KJ

    I can tell you all don't do your own research because the Secret Service is the President's security detail and does NOT do investigations for mortgage schemes. The FBI would be the appropriate government agency and NOT the Secret Service. SMDH @ the lack of intelligence that exists with you people.

    • anonymous

      Your wrong. The Secret Service does investigate financial fraud and different manners of white collar crime. Go to the web site and look it up.

    • lc

      The mission and vision of the secret services as stated on the agency's web site:
      "MISSION: The mission of the United States Secret Service is to safeguard the nation's financial infrastructure and payment systems to preserve the integrity of the economy, and to protect national leaders, visiting heads of state and government, designated sites and National Special Security Events.

      VISION: The vision of the United States Secret Service is to uphold the tradition of excellence in its investigative and protective mission through a dedicated, highly-trained, diverse, partner-oriented workforce that employs progressive technology and promotes professionalism."

      SMH at how ignorance can yet produce such arrogance.

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