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Christian Billionaire Sentenced to 18 Years in Prison for Massive Economic Fraud

Christian Billionaire Sentenced to 18 Years in Prison for Massive Economic Fraud

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Greg Smith
Nov 23, 2024
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Inciteful Christian News
Inciteful Christian News
Christian Billionaire Sentenced to 18 Years in Prison for Massive Economic Fraud
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Staff Writer

A self-professing Christian Billionaire whose Grace and Mercy Foundation donated over $600 million to various Christian ministries has been sentenced to 18 years in prison after being found guilty of securities fraud, wire fraud, racketeering, and market manipulation.

Sung Kook “Bill” Hwang, 60, is a wealthy evangelical who ran the now-defun…

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