The results of being taught that "faith" is good, no matter how unlikely the belief.
https://news.yahoo.com/texas-megachurch-pastor-sent-prison-181206983.html
JUAN A. LOZANO
Thu, January 14, 2021, 1:12 PM
A Texas megachurch pastor and former spiritual adviser to two U.S. presidents has been sentenced to six years in prison for bilking investors out of millions of dollars.
Kirbyjon H. Caldwell, 67, was sentenced Wednesday in Shreveport, Louisiana, where he and his co-defendant, Gregory A. Smith, were indicted in 2018.
Caldwell, who in March pleaded guilty to conspiracy to commit wire fraud, was the senior pastor of Houston's Windsor Village United Methodist Church, which has about 14,000 members. He's been a spiritual adviser to Presidents George W. Bush and Barack Obama.
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Caldwell “used his status as the pastor of a mega-church to help convince the many victim investors that they were making a legitimate investment, but instead he took their hard-earned money from them and used it for his own personal gain,” Acting U.S. Attorney Alexander Van Hook said in a statement.
Caldwell used about $900,000 he received from the scheme to maintain his lifestyle and pay down credit cards and mortgages, according to the Justice Department. Caldwell has a master’s degree from the Wharton School of Business at the University of Pennsylvania and had worked in the financial industry.
In November, Smith was also sentenced to six years in prison.
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