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Atlanta Mega-Church Pastor Wiley Jackson Indicted For Securities Fraud

It seems that “Bishop” Eddie Lee Long isn’t the only Georgia pastor making headlines for engaging in questionable activities. Mega-wiley jacksonchurch pastor Wiley Jackson and his brother, Rodney Jackson,  have both been charged with securities fraud.

On Thursday a Dekalb County grand jury indicted both men for defrauding parishioners with an investment scheme.

Some accusers told Atlanta local news affiliates that Wiley Jackson promised the scheme would earn investors $100,000.

CBS Atlanta reports:

 According to DeKalb County District Attorney Robert James, the leader of Gospel Tabernacle Church recruited members to buy shares in an unregistered company called Genesis, LLC.  James said neither brother was licensed by the state to sell securities. 

“Some people lost a lot of money,” said James.

The alleged scheme began over a decade ago. Since then, many people have come forward, accusing Jackson of bilking them out of thousands of dollars.

One such person, Abbey Shanks, says she lost $10,000 in Wiley’s investment scheme when she invested back in 2002. Shanks is listed in the indictment, as are  two other investors, Jo-Lynn Gilliam and Sharon Stone.

Over the past 10 years, it is alleged that dozens of people invested in the Jackson brothers’ investment company.

If convicted, the good pastor and his brother could face up to 10 years in jail for each fraud conviction.

Robert James warned people to be careful when investing money with so-called pastors or spiritual leaders.

“It’s a dangerous thing when you mix religion and investing,” said James.

 

 

 

23 Responses to Atlanta Mega-Church Pastor Wiley Jackson Indicted For Securities Fraud

  1. WRY Reply

    April 7, 2013 at 7:28 am

    It is indeed so important that all BELIEVERS…develop a strong PRAYER LIFE!!! Know how to pray…learn how to pray….James 5:16-Confess your faults one to another, and PRAY one for another, that you may be healed…JACKLEGED PREACHERS need to be set free and get saved…The effectual fervent PRAYER of a RIGHTEOUS man/woman AVAIL MUCH…could it be? that we are really dealing with alot of unrighteous men/women’s ? 1Timothy 6:10 fOR THE LOVE OF MONEY IS THE ROOT OF ALL EVIL….PEOPLE…Money in of it self! is not evil..it the GREED OF MEN THAT MAKE MONEY EVIL….Please Black man…get saved….get into the Word of God…Stop playing church!!!Find out about the new birth…not emotionalizing and get saved…Get a real relationship with Christ the one who died for your sins and my sins…and the sins of the world!!My friends…true Salvation will always point you to JESUS!! NOT MAN…but to our Savior and LORD…

  2. WRY Reply

    April 7, 2013 at 7:00 am

    We must come to the realization that many of the churches in our Black communities! really do not teach the people about true SALVATION!! If they were saved and under stood the true meaning of the new birth,we would pray about making investments and check with The Holy Spirit!! However,if you do not have a relationship with the Holy Spirit you want understand what I just said….2corn.5:17?
    John 3:16? 2tim-3:16 romans-8:28? romans-8:14? In our Black communities, we are so emotional that we would rather listen to these JACK-LEGED PREACHERS then get into the Word of God and find out what God really say about any given situation in our lives as a true born-again Believer!! Until that take place the Black communites will FALL for almost anything!!

  3. Chris Marshall Reply

    March 30, 2013 at 10:06 am

    Hosea 4:6 – “My people are destroyed for lack of knowledge”. I make no accusations againist anyone since I do not know all of the details but I do know this; anytime you are going to make investments you should check out the investment firm/people you are going to invest with no matter who the peron is. It is very unfortunate that Pastor’s are sometimes exalted above God which is sin. All Christians should at least have a Concordance, Dictionary and a New Kings James Bible so that they can “search the scriptures” to make sure that the words that come from the pulpit are true! 3 John 2 – Beloved I pray that you may prosper in ALL things and be in good health, just as your SOUL prospers.

  4. J.Oba Reply

    December 24, 2012 at 3:54 pm

    Major problem is that many in the Christian community are into these so called pastors, rather than being into Christ. The other downer is that many receive what these so called pastors preach without checking to or studying to see if what they say is backed up by Scripture on Scripture. Scripture does not teach material prosperity, so many are willingly ignorance as to what Scripture really teaches. These whitewashed clouds without water (Bad Pastors) are taking their follower to the cleaners as fast as the shooters are killing people. As long as people follow these pastors and refuse to follow Christ they’ll be forever taken.

  5. J.Oba Reply

    December 24, 2012 at 3:54 pm

    Major problem is that many in the Christian community are into these so called pastors, rather than being into Christ. The other downer is that many receive what these so called pastors preach without checking to or studying to see if what they say is backed up by Scripture on Scripture. Scripture does not teach material prosperity, so many are willingly ignorance as to what Scripture really teaches. These whitewashed clouds without water (Bad Pastors) are taking their follower to the cleaners as fast as the shooters are killing people. As long as people follow these pastors and refuse to follow Christ they’ll be forever taken.

  6. Max Reply

    December 24, 2012 at 2:56 pm

    This has been a sad and pathetic theme in the black religious community for decades; in my personal opinion probably 80% of black preachers are crooks. They are nothing but professional beggars/pimps who loot their congregations out of every dime they have. These obsess Bentley/Cadillac Negroes have done little for the black community and are only interested in lining their pockets.

  7. Dannyboy Reply

    December 24, 2012 at 2:09 pm

    This is just another case of the so-called Atlanta prosperity preachers who are the ONLY ones who prosper. The Creflo Dollars, Bishop Eddie Long and other Black ministers who prey on Black people as they drive Mercedes, Lambroghinis and other luxury cars are a disgrace to religion!! Yet, Black folks STILL worship them even though thet themselves are struggling financially. Who is really the Devil here?

    • Tariq Shakoor Reply

      December 25, 2012 at 8:13 pm

      Amen to that Dannyboy! Folks simply will not wake up to these pimps in the pulpit. They will make all the excuses in the world for them, and that shows how really deluded they are. The Last Poets had a line in one of their classic pieces back in the 70′s that still rings true: “We are a people who are tricked and divided, confused and undecided.” For far too many this is so very true!

  8. Ralph Reply

    December 24, 2012 at 11:06 am

    Long as fools blindly follow these crooks it will continue to happen.

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