20 years later, victims of Baptist Foundation of Arizona scheme still recovering

[TexasTowelie]

PHOENIX – It’s 5 a.m. and Anna Mezzapelle Cacace, 85, is getting ready for another day at work.

She sits up in faded powder-blue sheets and slides on her clear-framed prescription glasses before getting dressed, putting on a number of dainty gilded necklaces and rings that catch the light in small clusters of diamonds.

She eats alone at a kitchen table littered with yesterday’s newspapers, then grabs her keys, packs up her Ford Fusion and heads to her job as a licensed insurance broker for UnitedHealthcare, selling Medicare and Medicaid supplementary benefits.

Cacace is still working at 85 because she can’t afford to retire. In 1998, she and her husband, Joseph, invested more than $100,000 in a fund run by the Baptist Foundation of Arizona, lured by its promise of 6 percent returns and the backing from a highly respected religious institution.

Read more: https://www.pinalcentral.com/arizona_news/years-later-victims-of-baptist-foundation-of-arizona-scheme-still/article_0ee76cb0-9fcf-5315-ab2d-ef8b0cda0ef1.html

[3Hotdogs]

1. That investment is about as reliable as their guarantee you will sing in a heavenly choir, drinking

chocolate latte in the afterlife if you put your money in their church collection.

[marybourg]

2. Yes. I knew several elderly people who

had to get some kind of job after being scammed by BFA. They're all dead now.