Prosperity Gospel Preacher Todd Coontz Indicted on Fraud
Todd Coontz has been scamming his followers for years but he shouldn’t have cheated the government too. Cenk Uygur and Ana Kasparian, the hosts of The Young Turks, break it down. Tell us what you think in the comment section below. https://tytnetwork.com/join/
“A former Charlotte “prosperity gospel” preacher who owns a garage full of expensive foreign cars and lives in a million dollar condo was indicted on multiple counts of federal tax fraud this week, reports the Charlotte Observer.
William Todd Coontz, 50, formerly a minister at the Rock Wealth International Ministries, and now living in Florida, is accused of participating in a check-cashing scheme involving travel reimbursements for speaking appearances and for book sales – and then filing fraudulent tax returns in order to hide the money.
“This is a classic example of ‘Do as I say, not as I do,’” explained U.S. Attorney Jill Rose. “As a minister, Coontz preached about receiving and managing wealth, yet he failed to keep his own finances in order. Coontz will now receive a first-hand lesson in ‘rendering unto Caesar’ that which is due.”
Christian “prosperity gospel” preachers encourage their flock to contribute heavily to the ministry with the promise that God will return their tithing multiplied leading to great wealth.
HBO host John Oliver memorably exposed the fraudulent prosperity gospel scam in 2015, going so far as to set up his own (fake) church, called “Our Lady of Perpetual Exemption.”
Read more here: http://www.rawstory.com/2017/06/high-...