Holy sh... pirit!
That elder reminds me of another one in my congregation (this was a long time ago and I can't revel the details or they will know who I am) who built a business empire on the shoulders of many brothers life savings and after a while he was thrown to jail. I remember people at their homes talking about it in the service.
I also remember a recent conversation with one of our current elders: He said to me he will never do business with 'brothers' since you can't sue them. How nice of him. Well he knows for experience how the things are in the congo.
By the way dear friends... I have a very profitable business I want to talk you about. PM me. You will get rich beyond your dreams!!!
ootb