Former Hobe Sound pastor sentenced for scamming investors

Paul D. Wolfe (Source: Google)

A former senior pastor at Hobe Sound Bible Church, Paul D. Wolfe, was sentenced to three and a half years in prison in federal court Monday after pleading guilty in October to an investment fraud that authorities say scammed investors of more than $2.2 million, reports TCPalm.

Wolfe’s scam, investigated by the Federal Bureau of Investigation, spanned from 2005 until his arrest in October 2011, and defrauded 21 investors of $3,154,059, according to a federal complaint.

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