Riskless Transaction News Today

Financial fraud. the feds say trevor cook took in $190 million. its about trust, its about faith and its about the people that abused them. a lot of people that invested with them for bible-believing christians. they didnt want wall street or washington. they trusted people here at home. >> he went after -- targeted a group of people, their faith in the lord is what theyre all about. >> everything is gone. ive lost everything. and now i will be 62 in july. >> its been rough, really rough. >> the...

And now i will be 62 in july. >> its been rough. really rough. >> theres no risk, okay? riskless transaction. >> reporter: cook ran the operation, telling investors he had a system to cash in on moves in the foreign currency market. cook talked a good game, but it was just an illusion. behind his high-tech office and glossy brochures were a host of shell companies that sounded like global powerhouses. but were nothing of the sort. pat kiely was cooks business parn. he pedalled their scheme on hi...

Show ♪ >> he went after and targeted a group of people, their faith in the lord is what theyre all about. >> everything is gone. ive lost everything, and now i will be 62 in july. >> its been rough. really rough. >> theres no risk. riskless transaction. >> reporter: cook ran the operation telling investors he had a system to cash in on movinging in the foreign currency market. cook talked a good game but it was just an illusion. behind his high tech office and glossy brochures were a host of s...