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Post by Logan on Feb 10, 2016 6:14:43 GMT -6
Former Saratoga church elder and his wife accused of defrauding church and a donor of $7.4 millionA former elder of a Saratoga church and his wife have been indicted by a federal grand jury in San Jose on charges of defrauding the church and a wealthy foreign donor of $7.4 million. Jonathan Chang, 60, and Grace Chang, 57, of Cupertino, were accused in a nine-count wire fraud and money laundering indictment issued under seal on Feb. 4. The indictment was unsealed Monday after the couple made initial appearances before a federal magistrate in San Jose and were each released on bonds of $200,000. Jonathan Chang was formerly an elder of the Home of Christ Church 4 in Saratoga from about 2002 to 2011, with responsibility for managing the church's finances, according to the indictment. Grace Chang assisted him with correspondence and other tasks, the document said. Read more: www.sfgate.com/news/article/Former-Saratoga-church-elder-and-his-wife-accused-6819567.php
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