Former church finance director charged in theft scheme

The Cash Cow Kingdom…how many are there milking the cash cow. The church has become a Cash Cow Kingdom. The money just pours into the coffers of the men who are the only true prophets and apostles of God???. The mandatory tithes of 10% of the faithfuls’ gross incomes are just the tip of an immense iceberg.

The former finance director of a historic downtown church has been charged with stealing more than $500,000 from the institution over six years, court records show.

Jason Todd Reynolds, 38, of Bowie was arrested last week on a wire fraud charge. He is accused of using the money to finance the purchases of luxury cars, trips and jewelry, U.S. Secret Service agent Melissa T. Blake said in court papers.

Reynolds worked for National City Christian Church from 2002 until the scheme was uncovered in 2008, the agent wrote. The finance director used the church’s American Express card to make about $300,000 in personal purchases, including down payments for a Land Rover and Lexus SUV, according to the court papers.

He also purchased an $8,718 two-carat diamond ring and a $7,600 leather sectional sofa with the card, Blake alleged.

Blake also accused Reynolds of writing himself more than $200,000 in church checks over the years.

Reynolds, who could not be reached for comment, was fired in June last year. He appeared at a brief hearing Dec. 23 in the District’s federal court and was released on personal recognizance.

Posted on January 2, 2010, in Prosperity Gospel. Bookmark the permalink. Leave a comment.

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