Adelaja was accused in November 2008 of being involved in the dealings of King's Capital, a financial group led by a former member of his congregation. The company promises as much as 60 percent returns on investments and drew many of its investors from the church. Later several former church members went to the authorities saying they were unable to recover the money they invested, which left many of them bankrupt. Police later arrested one of King's Capital leaders, Aleksandr Bandurchenko, on suspicion of fraud.