Pastor Allegedly Defrauds Hundreds in $3M Crypto Scheme, Blames God
• Pastor Regalado raised $3M for a fake crypto coin called INDX, promising 10x returns to hundreds of investors
• Regalado spent proceeds on home renovations and luxury items, blaming "the Lord" for directing these purchases
• Regalado posted a confusing 10-minute video doubling down on his claims and pseudo-financial terminology
• Colorado regulators likely to seize remaining funds and return what they can to duped investors
• Regalado predicts "God will work a miracle" to resolve the situation, despite clear evidence of wrongdoing