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Patrick Coppeard of Loughton handed himself in to police in May after church parishioners lost a six figure sum
A man suspected of defrauding a church congregation of millions of pounds has had his bail extended until January.
Patrick Coppeard, 48, was arrested in May after he handed himself in to a London police station.
A list of families who attend St John's Church in Buckhurst Hill and allegedly gave cash to Coppeared for an ‘investment scheme’ is thought to have been handed into the police.
Coppeard of Spring Grove in Loughton will now answer bail in January as police investigate further.
The former employee at Merrill Lynch investment bank was arrested on suspicion of fraud by false representation on May 10.
Up to £5 million is thought to be involved and some individuals claim to have lost £250,000.
The Guardian has made several attempts to contact Mr Coppeard.
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