Posts Tagged 'Eddie Long'

6 Wealthy Televangelists Are Under Federal Investigation

NakedLaw reports –

When you think of the mega-wealthy who rake in millions each year and live ridiculously lavish lifestyles, you probably don’t think about preachers. But as you’re about to find out, spreading the gospel has become a very profitable business for several well-known televangelists, affording them the opportunity to live in mansions, own private jets, take exotic trips, relax in hotel rooms that cost thousands per night, and even own second and third homes. Of course, these preachers are heads over nonprofit, tax-exempt organizations, so whenever one of them starts to flaunt their wealth, the government is going to take notice. Over the course of the past 3 years, the Senate has been investigating 6 of the wealthiest televangelists to ensure they aren’t taking advantage of their nonprofit status. The investigation has yet to be resolved—it’s safe to say Congress has more pressing matters—but we’re going to share some of the most interesting financial data for each of these televangelists so you can decide if you think these organizations are in violation.

Continue reading HERE.

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