The seventh Day Adventist Church has distanced itself from the Opticoin scam where members of the church reportedly lost millions of Shillings in the scheme.
Pr. Samuel Misiani; the president of the West Kenya Union Conference of the SDA Church in a statement has said the church did not endorse the forex and crypto platform.
“The Seventh Day Adventist Church neither owns, endorses, sponsors, promotes, nor authorizes any pyramid scheme, Ponzi scheme, fraudulent investment arrangement or unregulated financial enterprise.” Misiani has said.
Misiani has further stated that members and leaders of the church who carry out activities in their personal capacity do not constitute an official activity, ministry or position of the church.
The clergy reportedly promoted and endorsed the fraudulent scheme to members of their congregation.
“Participation by any individual in Opticoin wealth sharing group was undertaken solely in a personal capacity and without the authority approval or mandate of the church.” The pastor has said.
“The church does not condone exploitation, deception, abuse of influence, or misuse of spiritual authority for personal financial gain.” He has added.
The Church has cautioned its members to avoid falling for get rich quick schemes saying the bible is clear about the value of hard work.
