Members of black churches targeted in fraud scheme

December 16, 2010 4:02:43 PM PST
An arrest warrant has been issued for a man convicted of fraud in a pyramid scheme that targeted members of Chicago-area African-American churches.

Roy Fluker Junior did not show up in court Thursday for sentencing.

Prosecutors say he headed "more than enough" an investment program that promised 25-percent returns. Nearly 3,000 people participated.

Officials say Fluker told prospective investors that African-American money should stay in the African-American community.

Prosecutors say the program was a pyramid scheme that cheated investors out of nearly $10 million.

Fluker's adult children were also convicted in the scheme. His daughter Ronnanita Fluker was sentenced to eight years in prison.