[circlecity]

"Why was Jim Bakker in FEDERAL PRISON ?"

For mail and wire fraud involving the sale of fraudulent shares in the PTL resort and other fleecing of his investors/contributors. He was a crook running a very elaborate ponzi scheme.

[Patton@Bastogne]

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Yes, you are correct about the Federal Laws Jim Bakker violated.


Jim Bakker also violated the IRS 501-C3 "enrichment clause".

This prohibits tax-exempt charitable corporations from "enriching" Executive Management through high salaries, lavish perks, inter alia.



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