Though the leaders of Greater Ministries International sit in prison with sentences ranging from 13 to 27 years, the fallout from their $500 million pyramid scheme - the largest in U.S. history - continues more than a year after their conviction.

Much of the activity has surrounded GMI's supporting cast. In April 2001, James List pleaded guilty in federal court in West Virginia to fraud and tax charges related to his GMI activities. In June 2001, two church elders, Andrew Krishak and James Chambers, pleaded guilty to conspiracy for their role in the massive fraud scheme, and were sentenced to 2 ^½ years and 5 years in prison respectively. In December 2001, GMI elder Paul F. Bennett received a one-year sentence after pleading guilty to a separate fraud scheme that cheated investors out of $290,000.

Meanwhile, authorities continue their efforts to recover GMI assets with which to repay the many victims of the scam. GMI bankruptcy trustee Kevin O'Halloran estimated in December 2001 that legitimate losses totaled around $84 million; less than 10 percent of this amount has been recovered in assets. Federal authorities are investigating allegations that some of the money was hidden in banks in Mexico, while some victims have launched a lawsuit against a Florida bank that housed GMI funds, alleging that the bank was aware of GMI's activities. It is unlikely that most of the money will ever be recovered, however.