Colorado-based online pastor Eli Regalado, who is also the founder of INDXcoin, has publicly admitted to fraud charges. What Happened: The pastor, facing accusations from the Colorado Securities Commission, revealed in a video confession that he and his partner Kaitlin Regalado misappropriated $1.3 million. The video, lasting nine minutes and shared on the INDXcoin website, shows Regalado addressing the community, “The charges are that Kaitlin and I pocketed $1.3 million, and I just want to come out and say those charges are true.” The couple was charged on January 18 for their involvement in …
