Redeemed bans Ponzi schemes in churches


THE Redeemed Christian Church of GOD (RCCG) has ordered pastors encouraging promotion of Ponzi schemes in its parishes to stop the act.

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The ban was contained in a memo addressed to pastors in charge of regions and provinces, by the General Secretary of the church, Pastor Johnson Odesola, on Wednesday, January 18, 2017.

Pastor Odesola wrote to senior pastors to say that some of them and staff are getting themselves involved in all manner of money making schemes, to the extent of using the platform of the church to promote same.

He said those who are involved should stop or risk sanction.

“Please be informed that the doctrine of the church does not support get rich quick schemes, gambling, betting, etc in any form.

“God is and remains our supplier by the application of biblical principles of working diligently with our hands.

“All senior pastors are hereby authorised to ensure no one uses the pulpit or any platform of the RCCG to promote any such schemes,” he said.

The popular Ponzi schemes in Nigeria include, MMM Nigeria, Ultimate Cycler, and Givers forum.

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