Devoted Followers Support Con-Artist Pastor As He Pleads Guilty To Multiple Felonies (VIDEO)

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jim staley

On April 30, Pastor Jim Staley pled guilty to multiple counts of felony wire fraud. The charges stem from Staley’s involvement in a complex scheme, which used phony life insurance policies, front companies, deceptive contracts and other dubious methods to defraud elderly investors out of millions of dollars. Many of those who were taken in by the scheme later said they believed that Staley was a ‘nice, religious man.’

The statements of Staley’s victims, the detailed federal indictment, even Staley’s acknowledgement of guilt in open court, seems to have had no impact on his religiously obsessed followers. The St. Louis Post-Dispatch reports that:

“The courtroom overflowed with so many Staley supporters Thursday that some federal agents and court staff were relocated to open up more seats. After the hearing, Staley thanked members of the crowd for coming. They responded with applause.”

Staley, whose bogus ‘Christian’ ministry has more than two million followers worldwide, initially didn’t tell his congregation that he had been arrested on the felony charges. When his followers learned of the indictment, Staley claimed that he hadn’t tried to hide the truth, he just didn’t realize that the whole thing with the cops, being booked, photographed, fingerprinted – told you’re under arrest – you know, all that, actually meant that he was under arrest. Staley was arrested on June 18, 2014. Ten days later, he finally disclosed this information to his church. His decision to disclose the arrest came shortly after the FBI released the following public statement, on June 25:

James Staley was indicted for his alleged scheme to defraud investors by making false promises of high rates of return and minimal risk. The indictment states that Staley defrauded 11 investors/lenders by causing them to invest over $3.4 million, giving him commissions totaling over $570,000,” announced the release.

Since then he has offered up a number of excuses as to why he was indicted. At one point, he claimed that his investors lost their life savings because of the 2008 financial crash, implying that they were just looking for someone to blame. Later he blamed the devil. Staley told his congregation that the devil had assumed the appearance of the two federal agents that arrested him.

If you can stomach it, here’s a video Staley released in 2013, full of excuses and full-blown lies about the case against him. He also talks a bit about the hundreds of thousands of dollars in unpaid tax paid debt he claims to have settled with the IRS (it’s hard to say if he’s lying about that) and his previous foreclosure, although he neglects to mention that he simply did not pay his mortgage for 33 months.

The St. Louis Post Dispatch reports that Staley was “warned against making further claims denying responsibility for the fraud he admitted in court, saying it could cost him extra prison time”.

The facts of the case are very clear. Staley enriched himself by sweet talking senior citizens into putting their hard-earned money into his phony life insurance investment scheme. According to the U.S. Justice Department, Staley promised his victims huge returns on their investment, knowing full well that there was a good chance that they would lose all their money. Once someone invested in the scheme, Staley claimed as much as 40 percent of the investment for himself, as a personal commission. In 2009 the state of Missouri sent him a cease and desist order, which included a detailed outline of his illegal activity. He continued to defraud people out of their money, even after that letter was issued. In 2011 he was ordered to repay more than $2.8 million, in addition to civil fines. There’s no record showing that he complied with that order.

Sometime in 2008 Staley must have started to realize that he needed a new money-making scheme. He claims to have had a ‘had a supernatural experience and introduction to understanding the Bible through the original authors’ mindset and those in the First Century Church’ in 2007 (he was chin-deep in his insurance fraud scheme at this time and remained so for at least another two years). Staley incorporated ‘Passion For Truth Ministries’ in 2008, after his alleged ‘supernatural experience.’ A short time later he was selling books, videos, and various ‘Christian ministry’ products, and the donations to his church were rolling in.

Staley currently lives in a 5,000 square foot mansion, valued at more than a million dollars, which he and his wife rent from a former professional baseball player. His ‘Christian’ ministry, which is based on the teachings of the Torah (as if that makes any sense), brought in over $1.3 million in donations in 2012. Financial disclosure has not been a priority of the ministry since 2012, apparently.

As you can see from the video above, Staley is an expert liar and manipulator. His remarkable talent for being able to deliver a lot of bullshit with a straight face and in an ever-so-sincere tone of voice, undoubtedly made talking senior citizens out of their life savings a piece of cake. His blind followers no doubt still believe he is totally innocent, a victim of the devil or the war on Christianity.

Here’s a video, released by SpeakLIFE Magazine on YouTube, that actually attempts to explain why we should all see Jim Staley’s arrest and indictment as an ‘inspiration.’

Are you feeling inspired yet?

 

Reprinted with permission from Addicting Info

 

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