The Breakfast Club - DONKEY: Pastor Admits To Pocketing $1.3M In Crypto Scheme

Episode Date: January 24, 2024

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Had enough of this country? Ever dreamt about starting your own? I planted the flag. This is mine. I own this. It's surprisingly easy. 55 gallons of water, 500 pounds of concrete. Or maybe not. No country willingly gives up their territory. Oh my God.

What is that? Bullets. Listen to Escape from Zakistan. We need help! That's Escape from Z-A-Q-istan on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. As a kid, I really do remember having these dreams and visions, but you just don't know what is going to come for you. Alicia shares her wisdom on growth, gratitude, and the power of love. I forgive myself. It's okay.

Have grace with yourself. You're trying your best. And you're going to figure out the rhythm of this thing. Alicia Keys, like you've never heard her before. Listen to On Purpose with Jay Shetty on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Hey, everyone. I'm Madison Packer, a pro hockey veteran going on my 10th season in New York.

And I'm Anya Packer, a former pro hockey player and now a full Madison Packer stan. Anya and I met through hockey, and now we're married and moms to two awesome toddlers, ages two and four. And we're excited about our new podcast, Moms Who Puck, which talks about everything from pro hockey to professional women's athletes to raising children and all the messiness in between. So listen to Moms Who Puck on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Hey, y'all. Nimany here. I'm the host of a brand new history podcast for kids and families called Historical Records. Executive produced by Quest Love, The Story Pirates, and John Glickman, Historical Records brings history to life

through hip-hop. Each episode is about a different inspiring figure from history. Like this one about Claudette Colvin, a 15-year-old girl in Alabama who refused to give up her seat on the city bus nine whole months before Rosa Parks did the same thing. Check it. And it began with me. Did you know, did you know? I wouldn't give up my seat.

Nine months before Rosa, it was Claudette Colvin. Get the kids in your life excited about history by tuning in to Historical Records. Because in order to make history, you have to make some noise. Listen to Historical Records on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. I'm Rufus Griscom, host of The Next Big Idea. The future is coming faster than you think. AI is reshaping society, scientists are cracking the code of longevity, and new tools are helping us live better and work smarter.

Each week, I sit down with big thinkers like Bill Gates and Malcolm Gladwell to separate hype from hope. Listen to The Next Big Idea on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. He gave me donkey of the day and I deserve it People need to know Well you need to tell them I am You have the voice Tell them It's time for donkey of the day

It's a read but you're so good at it You're trying to be a fake ass Charlemagne There's only one Charlemagne to go Damn Charlemagne Who you give a donkey of the day to now? Well sexy red Donkey of the day for Wednesday, January, what's today? 24th, goes to Eli Rogalado.

Okay, Eli is a pastor for a Colorado-based online church, and he is accused of pocketing $1.3 million through a cryptocurrency fraud scheme. And the reason he said he had to finesse his flock was because the lord told him to those of you who realize that that the lord wants you to give generously into his life don't ask no questions don't ask why come the pastor have to have him a nice cup why come a pastor got to have a nice cup stop asking questions stop asking questions okay y'all don't listen to me because i got a list but this man raised nearly 3.2 million dollars and 1.3 went in his pocket and he didn't deny it uh i know y'all don't believe me so let's hear directly from the pastor please caitlin and i are being charged in a civil charge for basically selling millions of dollars worth of cryptocurrency that is deemed worthless by the state.

So the charges are that Caitlin and I have pocketed $1.3 million. And I just want to come out and say that those charges are true. So there's been $1.3 million that's been taken out of, I think it was a total of $3.4 million. But out of that $1.3, half a million dollars went to the IRS and a few hundred thousand dollars went to a home remodel that the Lord told us to do. So how this whole thing started is the Lord told us in 21 to walk away from our marketing company. And then he took us into this cryptocurrency. It was a different cryptocurrency other than index coin at the time. Well, as money is coming in, we would be sowing it. And at first it was hundreds of dollars and thousands of dollars, then tens of thousands of dollars. When it would come we tied we sow more money would come in and so we

were just always under the impression that god was going to provide that the source was never ending that god was doing a new thing and that we had nothing to worry about what we're praying for and what we're believing for still is that god is going to do a miracle oh lord have mercy why do we act like satan don't have a kingdom too? I grew up Jehovah Witness. I had the yellow book of Bible stories with the red writing on it. And in that book, they had Bible stories. And there's quite a few times when Satan spoke to people in those stories, okay? Spoke to Eve and the God in Eden, okay?

Women really haven't trusted anyone since then. That's where it started. Women not listening and women not trusting men started right then and there, okay? That's actually where all of our trust issues started eve got her and adam and future generations of humans in trouble all because she listened to satan even though god already told them what not to do lord have mercy see that's how god works god only gonna tell you once because once is all god needs okay you heard what god said eat from all the trees you want in the garden except that one. And Eve going to reply, huh? If you're high, you can hear.

Okay, you heard Satan talking through that damn snake, though. All right, what's the other two times Satan spoke to God? When he was accusing Job, okay, and to Jesus when he was tempting him in the wilderness. I'm sure there's other accounts, but I am not. Bishop T.D. Jakes or Torrey Roberts or Queen Sarah Jake Roberts. Drop one of the clues bombs for the Roberts. The Jake Roberts family, the first family of faith. You can listen to Sarah Jake Roberts podcast, the woman of all podcasts on the Black Effect iHeartRadio podcast network.

But all I know is Satan got a kingdom, too. And he be talking to folks. And some of us like Eli Regalado are stupid enough to listen. I think we need to stop saying God works in mysterious ways. There really is no mystery about God and God's way. Now, I do agree. We don't know where a blessing may be coming from, but I do know God would not be telling anyone to sell a cryptocurrency with no clear exit.

OK, this is how I know God be sending most of your prayers. If God made man in his image according to his likeness and i am 100 sure god is sick of us okay how could she not be all right y'all was out here thanking god for ppp loans knowing y'all lied to get him y'all out here giving god all the credit for satan's work god didn't tell his pastor to sell a cryptocurrency with no clear exit that was his free will and and satan talking to him now let me give you a little background on pastor eli regaldo he was 22 when he served his first prison sentence for boosting cars nothing wrong with that people grow and evolve every day b but his faith called

him to be a pastor 20 years ago so he started preaching online only for victorious grace church where he and his wife are listed as the only two employees. OK, he has no cryptocurrency or exchange background, but yet he said divine inspiration. God called him to launch INDX coin and kingdom wealth exchange. He said the Lord bought this cryptocurrency to him and told him, take this to my people for a wealth transfer and through advertising at his church and other churches he found through other pastors from june 2022 to april 2023 he raised 3.2 million dollars lord have mercy i don't like faith-based marketing all right stop getting over on people and blaming it on god this man was telling his flock to invest

and expect a miracle told them to wait for God's plan. Now Eli Regaldo wasn't just getting over on his flock with crypto. He did it the traditional way too. By traditional, I mean he would tell investors to tithe and sell. The causes helping widows and orphans, but the money went into their own pockets. I know y'all say God forgives, but how many of y'all out there forgiving the people who done lied about you? OK, you may forgive, but you don't forget. So even if God forgives you, I don't think nothing you pray for or ask for from that point gets top priority.

Right. You got a bad credit report with the G.O.D. You can't get approved with bad credit. What makes y'all think God is going to approve anything you ask for when you got bad credit with the creator because you've been lying on him? But let me mind my business because I'm not sure how my application to heaven looking either so let me get back to work on mine eli his wife and his three companies are charged with securities fraud unlicensed broker deal activity selling unregistered securities and imposition of constructive trust and in his comments in his comments right now on YouTube, Eli has dozens of people continuing to reassure him that God will turn the situation around.

There is a quote I love in reference to Noah that says, sometimes faith will make you look stupid until it starts to rain. When I see y'all in this man's comments telling him that God will turn this situation around, it makes me want to shorten that quote and simply say sometimes faith will make you look stupid please give pastor eli regaldo the biggest hee haw matter of fact let remy ma give pastor eli regaldo regalado the biggest hee haw hee haw you stupid motheraw, hee-haw. You stupid mother f***er. You dumb. Mm-hmm.

All right. Well, thank you for that donkey today, sir. Yes, indeed. Now, when we come back, Vivek Ramaswamy. Vivek. Vivek. Vivek. Vivek.

Vivek Ramaswamy. Vivek Ramaswamy will be joining us. He was running for president, but dropped out recently. Yeah, he was up here when he was running. Mm-hmm. But he's a private citizen now. That's right. And we're going to talk to him when we come back.

So don't move. It's The Breakfast Club. Good morning. The Breakfast Club. Donkey of the Day is sponsored by renowned personal injury attorney Michael the Bull Laminsoff. Don't be a donkey when you need a fighter on your side. If you're ever injured, go to MichaelTheBull.com. That's MichaelTheBull.com.

And when you mess with the bull, you get the horns. Had enough of this country? Ever dreamt about starting your own? I planted the flag. This is mine. I own this. It's surprisingly easy. 55 gallons of water, 500 pounds of concrete. Or maybe not. No country willingly gives up their territory. Oh my God.

What is that? Bullets. Listen to Escape from Zakistan. That's Escape from Z-A-Q-istan on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. As a kid, I really do remember having these dreams and visions, but you just don't know what is going to come for you.

Alicia shares her wisdom on growth, gratitude, and the power of love. I forgive myself. It's okay. Have grace with yourself. You're trying your best. And you're going to figure out the rhythm of this thing. Alicia Keys, like you've never heard her before. Listen to On Purpose with Jay Shetty on the iHeartRadio app,

Apple Podcasts, or wherever you get your podcasts. Hey, everyone. I'm Madison Packer, a pro hockey veteran going on my 10th season in New York. And I'm Anya Packer, a former pro hockey player and now a full Madison Packer stan. Anya and I met through hockey, and now we're married and moms to two awesome toddlers ages two and four. And we're excited about our new podcast, Moms Who Puck, which talks about everything from pro hockey to professional women's athletes to raising children and all the messiness

in between. So listen to Moms Who Puck on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Hey, y'all. Nimany here. I'm the host of a brand new history podcast for kids and families called Historical Records. Executive produced by Questlove, The Story Pirates, and John Glickman,

Historical Records brings history to life through hip-hop. Flash, slam, another one gone. Bash, bam, another one gone. The crack of the bat and another one gone. The tip of the cap, there's another one gone. Each episode is about a different inspiring figure from history. Like this one about Claudette Colvin, a 15-year-old girl in Alabama who refused to give up her seat on the city bus nine whole months before Rosa Parks did the same thing. Check it. And it began with me. Did you know, did you know? I wouldn't give up my seat.

Nine months before Rosa, it was called a moment. Get the kids in your life excited about history by tuning in to Historical Records. Because in order to make history, you have to make some noise. Listen to Historical Records on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. I'm Rufus Griscom, host of The Next Big Idea. The future is coming faster than you think. AI is reshaping society, scientists are cracking the code of longevity, and new tools are helping us live better and work smarter. Each week, I sit down with big Thank you.