Login to Premier Radio

London church denies financial exploitation of members

Fri 08 Nov 2019
By Marcus Jones

A London church which has been celebrated for its work with gangs is facing accusations of financial exploitation of its members.

SPAC Nation has been praised by government ministers for its programmes bringing young people out of a life of crime but an investigation by the Huffington Post claims some pastors at the church have been targeting vulnerable people and asking them to take out loans of up to £5,000 which are then invested in crypto-currency.


The report says often those taking out the loans are left in debt while the pastors are then seen wearing expensive clothing and jewellery.

Toye-Mary Sofidiya, who lives in east London was one of several former members of the church to speak with the online news site.

She said: "I feel like I was targeted. I feel like they took advantage of me. I feel like I was deceived, lied to because they knew I trusted them."

Responding in the Huffington Post report, Daniel Ogoloma, a spokesman for SPAC Nation, said: "We see it as an intentional smear campaign also based on gossip.

"SPAC Nation has never and will never coerce anyone.

"We have given to many, we have helped countless people, which we will keep doing and will always focus on doing so."

The report states that all the pastors mentioned by the former members deny the allegations.

Premier has contacted SPAC Nation for further comment.

Stay up to date with the latest news stories from a Christian perspective. Sign up to our daily newsletter and receive more stories like this straight to your inbox every morning.

Daily news direct to your inbox

LIVE 20:00 - 20:30

With - Witness Lee

Contact the show

Telephone and SMS the show when on air

Your News Feed

Stay informed and inform others with up to the minute news from a Christian perspective. 

Daily News email

RSS feeds

News Widgets

You may also like...

The increasing number of fatal stabbings has prompted talk of... More

Every day when I come to work I see people sleeping in the Underground... More

When Harold Macmillan sacked seven Ministers in 1962 it was called... More

This year, Justin Brierley welcomed Krish Kandiah, Ruth Jackson, Bruxy... More