Atlanta pastor, brother indicted in investment scheme - FOX 26 News | MyFoxHouston

Atlanta pastor, brother indicted in investment scheme

DEKALB COUNTY, Ga. -

One of Atlanta's most well-known pastors is accused of cheating his flock.  A DeKalb County grand jury indicted Gospel Tabernacle Church Bishop Wiley Jackson and his brother Rodney on eight counts of violating the Georgia Securities Act on Thursday.

"These people are essentially charged with selling securities without a license. In  Georgia, this is regulated activity," DeKalb County District Attorney Robert James said.

James said that the Jackson brothers recruited investors to their company, Genesis LLC -- a business that the district attorney says doesn't exist.

"The Secretary of State has confirmed that, at least licensed in Georgia as an LLC, there is no Genesis LLC," James said.

According to his website, Jackson's Gospel Tabernacle Church has three metro area locations. The district attorney says the victims who lost thousands of dollars were parishioners at Jackson's church.

"They invested with them and they lost their money," James said.

One of the three victims named in the indictment lost as much as $10,000.

Jackson released a statement to FOX 5 stating, "I am surprised to learn of this indictment. I am out of town and cannot respond until I have read the indictment.  There has been no wrongdoing."

But James says the case is clear.

"They operated outside of the law," he said.

James says the investments were ministry and church related.

The maximum penalty Bishop Jackson could be facing is 10 years jail time for each of the eight criminal counts.

  • LocalMore>>

  • Community Leaders Fighting Excavation of Historic Paving in Freedmen's Town

    Community Leaders Fighting Excavation of Historic Paving in Freedmen's Town

    Thursday, August 21 2014 12:00 AM EDT2014-08-21 04:00:05 GMT
    g
    g
  • Notorious killer who threatened to kill jury up for parole

    Notorious killer who threatened to kill jury up for parole

    Wednesday, August 20 2014 10:53 PM EDT2014-08-21 02:53:07 GMT
    One of Houston's most notorious killers could be freed if parole board members decide he's ready to be released.The former death row inmate's nickname is the animal and some believe he's a perfect example why a state law regarding parole needs to be changed.Randy Wallace has this only on Fox report.
    One of Houston's most notorious killers could be freed if parole board members decide he's ready to be released.The former death row inmate's nickname is the animal and some believe he's a perfect example why a state law regarding parole needs to be changed.Randy Wallace has this only on Fox report.
  • Assistant special needs softball coach charged with aggravated sexual assault of a child

    Assistant special needs softball coach charged with aggravated sexual assault of a child

    Wednesday, August 20 2014 9:50 PM EDT2014-08-21 01:50:55 GMT
    It's a story that makes your mouth drop.. A once trusted coach turns in to an alleged pedophile.69 year old Warren Doyle is anassistant softball coach on a special needs softball team.He is charged with two counts of aggravated sexual assault of a child. According to Baytown police, the victim's parents reported their daughter, who plays on the team Doyle coaches, had been sexually assaulted multiple times by Doyle.The child has been playing for the special needs team for about four years. Ac...
    It's a story that makes your mouth drop.. A once trusted coach turns in to an alleged pedophile.69 year old Warren Doyle is anassistant softball coach on a special needs softball team.He is charged with two counts of aggravated sexual assault of a child. According to Baytown police, the victim's parents reported their daughter, who plays on the team Doyle coaches, had been sexually assaulted multiple times by Doyle.The child has been playing for the special needs team for about four years. Ac...
Powered by WorldNow

KRIV FOX 26
4261 Southwest Freeway
Houston, TX 77027

Phone: (713) 479-2801
Fax: (713) 479-2859

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices