View Single Post
Old 03-31-2009, 04:46 PM   #51
IDon'tKnow
Member
 
Join Date: Feb 2009
Posts: 67
Default Re: Questions about Daystar

Quote:
Also we were contacted about a savings program that the LSM was sponsoring to encourage the young people to save their surplus. It was called “the little bankers.” An elder in a church would collect and record additions and interest to someone's account. I was asked to take care of the Dallas saints. I had a meeting with some of the young people and a few put in a few dollars. Unfortunately, I put $500 into an account for myself. We all thought we could just withdraw at any time. Then I learned the money went for a last ditch effort to keep Daystar afloat. Say goodbye to it. Later, WL asked me to sign a waver of forgiveness from the LSM. Silly me. I signed the release and kissed the money good-bye. Compared to what many lost in Daystar etc my little bit was something to just forget about.
This was wrong on so many different levels. First off there is the obvious deception getting people to put their savings in with you without telling them it's going into keeping your high risk bussiness afloat. But I'd have to think that the most dissapointing aspect of this is that this deception was committed against the young people. I can imagine the sense of betrayal one might feel when going to withdraw your money and finding that sorry you can't do that it's in Daystar. I just hope they had the good sense not to try and ask the young people to sign a waver. At this point I wouldn't be certain. Either way this and anything like it would go a long way to explaining why many of the church kid's left. Betray them while their young.

Quote:
Enough for now about these events. I am getting a little sick at my stomach.
I'm sorry if I'm bringing more of this up for you. I understand that this was just as much a deceiving of you. They shouldn't have gotten others to cooperate with thier scheme without fully informing them as to the specifics.
IDon'tKnow is offline   Reply With Quote