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Life Centre Word of Faith Ministries

Marlon Gary Hibbert, head of the Life Centre Word of Faith Ministries, has been charged in Toronto, along with two associates, with using a Ponzi scheme to swindle millions of dollars from parishioners to fund a luxurious lifestyle. Many of the victims were not well off; some lost their homes in the process, and others put their life savings into the scheme. (National Post, 5/3/13) [IT 4.3 2013]