[Freedom]

Originally Posted by Ohio

It's also called base gain and filthy lucre, getting money out of the Bible cause that's what you want.

LC leaders aren't the only ones. Some of their newfound friends also have a history of such:

1. Brad Sparks, formerly a top researcher on the staff of CRI (from 1992-1994) and assistant to Hanegraaff, stated in the suit that Hanegraaff and his wife, Kathy, had pocketed over $750,000 in bloated "salaries and benefits." This while CRI's rank and file employees "typically earn[ed] poverty-level income of approximately $13,000 per year!"

2. Sparks... noted that CRI enjoys non-profit organization status by the IRS, but had fraudulently used its tax exemption privileges to provide tax exempt "cover" for the Hanegraaffs' own personal, profit-making business, Memory Dynamics, Inc., a Georgia corporation, which was conducted out of the couple's home. Sparks' suit charged that the Hanegraaffs had repeatedly bled the ministry's bank accounts to feather their own nests. For example, "defendant Hanegraaffs have sought to conceal their total six figure income by the device of separating out major categories of personal expense such as the estimated $50,000 per year 'pastor's housing allowance.'" [Hanegraaff reportedly lived in a $730,000 house in an exclusive gated community in Orange County, California; CRI's board allegedly loaned Hanegraaff the $100,000 down payment.] The financial details provided by Sparks to support his lawsuit were convincingly documented. Some 14 pages of fine print were contained in the lawsuit.


http://www.rapidnet.com/~jbeard/bdm/...gy/cri/law.htm