One of the premier Porsche racing teams is now done. Seems as one of the principles was allegedly financing the team with ill gotten gains. It seems owner Gregory Loles has been caught up in a financial fraud scandal on a massive level, with federal involvement. Loles, an investment manager, is alleged to have embezzled funds from a Connecticut church and several church members, one claiming to have lost $4 million. Looks like this team was sponsored by faith.