Cynthia Faye Setser

Apr 25

Cynthia Faye Setser, was indicted on April 25, 2007, in Cause No. 3-07CR0140-P, in the United States District Court, Northern District of Texas, Dallas Division, for Failure to Appear. Setser had previously pleaded guilty to securities fraud in Cause No. 3-03:CR-381-M based upon her role in the operation of a Ponzi scheme that targeted churches, ministries, and religious organizations. She was released on bond on the condition that she later appear and be sentenced but failed to appear for the imposition of sentence on January 16, 2007.