Larry Holley—Fraud Charges

Larry Holley, the pastor of Abundant Life Ministries in Flint, Michigan, Allegedly Ran a Faith-infused Investment Fraud Scam Which Purportedly Misled Pensioners, Laid-off Auto Workers, and Church Goers to Believe they Were Investing into a Solid Real Estate Business

Larry Holley, the pastor of Abundant Life Ministries in Flint, Michigan, is facing fraud charges and an emergency asset freeze after allegedly making misleading statements to laid-off auto workers, church members, and retirees who understand they were making investments in a successful real estate business, according to an SEC Complaint.

Holley allegedly delivered faith-based rhetoric while making solicitations, the SEC Complaint notes. Holley ran so-called “Blessed Life Conferences” wherein he allegedly claimed to pray for attendees’ children, made boasts of his trustworthy nature, and then requested that congregants fill out cards detailing their financial holdings, the Complaint states.

Holley then allegedly promised to pray over said cards and then invited congregants for one-on-one consultations with his team where he allegedly referred his investors as “millionaires in the making”, the SEC Complaint states.

Holley’s Company, Treasure Enterprise LLC, and His Business Associate Patricia Enright Gray, Raised Almost $6.7 Million From over 80 Investors

Holley’s company, Treasure Enterprise LLC, and his business associate Patricia Enright Gray, raised about $6.7 million from over 80 investors, according to the aforementioned SEC Complaint.

Said investors were allegedly guaranteed high returns and purportedly believed they were making investments in a profitable real estate company with hundreds of residential and commercial properties, the Complaint states.

The Peiffer Rosca Wolf Securities Lawyers Often Assist Investors

The Peiffer Rosca Wolf securities lawyers assist investors who lose money as a result of alleged fraud schemes. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they have lost money as a result of alleged real estate fraud schemes are encouraged to contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

Alan Rosca (1168 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.