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They preach the “Prosperity Doctrine” - that God can make you healthy and wealthy - and they live what they preach.
Every year America’s best known TV evangelists bring in hundreds of millions of dollars from donors all over the world. But as BBC’s Jonathan Beale reports, some of the evangelists’ own lifestyles have begun to ring alarm bells and have prompted a Senate investigation into their activities.
Last fall, Senator Charles Grassley (R-IA), the ranking Republican on the Senate Finance Committee, began probing the finances of six TV evangelists whose lifestyles include mansions, Rolls-Royces, and private jets, all paid for out of church funds. Grassley told BBC, “I would not contribute to an organization that is Christian and evangelical with money being wasted that way.”
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Courtesy: Rawstory
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Posted by Shinai_Gene on Thursday, July 03, 2008 @ 01:58:27 CDT (2302 reads)
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SAN ANGELO, Texas -- While many have wondered how a Mormon splinter sect financed its multimillion-dollar West Texas spread, one man thinks he knows the answer.
Bruce Wisan, a court-appointed officer for the polygamist sect's $100 million real-estate trust, said he believes sect spiritual leader Warren Jeffs drained the trust to buy the land for the Yearning For Zion Ranch, then build the sprawling compound in Eldorado, Texas, and keep the operation going for years.
"Warren was converting trust assets into cash at fire-sale prices to get the cash to build up the community in Eldorado," Wisan said in a telephone interview.
Rod Parker, an attorney who has acted as a spokesman for the sect, could not be reached for comment.
Wisan, a Salt Lake City accountant, was appointed long before the current controversy over alleged underage sexual abuses at the compound to be the special trustee for the United Effort Plan Trust, a holding company that owns the sect's Schleicher County property on behalf of all its members.
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Courtesy Scripps News
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Posted by Shinai_Gene on Thursday, April 24, 2008 @ 16:44:23 CDT (1311 reads)
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