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‘Building Wealth Tour’ leader arrested, defrauded Georgians – Atlanta Business Chronicle

Special to SEGAZINE

Ephren Taylor II, the leader of the “Building Wealth Tour,” was arrested on a federal indictment charging him and another defendant with defrauding investors across the country of more than $5 million.

More than 80 Georgians lost more than $2 million because of Taylor’s scheme, federal prosecutors allege.

According to U.S. Attorney Sally Quillian Yates, the charges, and other information presented in court: From at least April 2009 through October 2010, Taylor, then CEO of City Capital Corp., and co-defendant Wendy Connor, the former COO of City Capital, participated in a conspiracy to defraud investors.

Atlanta Business Chronicle.

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