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Cases / Lending & cash advance

Micro-Enterprise Management Group (MEMG), Victorious Life Church

Terry Wayne Millender, Brenda Millender, Grenetta Wells

ReportedOct 24, 2016
LocationAlexandria, VA
Amount$1,200,000

This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.

Company / entity
Micro-Enterprise Management Group (MEMG), Victorious Life Church
Industry
Microfinance loans to the poor in developing countries
How investors were recruited
Members of Victorious Life Church in Alexandria, VA, where Terry Millender was pastor; emphasis on Christian mission
Pitch & red flags
"guaranteed rates of return"; principal "safe and backed by the assets of MEMG"; touted "its Christian mission" helping the poor

Pitch phrases from this case

Source

U.S. Department of Justice official

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