Cent Rest Pauls

Main Menu

  • Home
  • Church Finance
  • Church Loans
  • Religious Cash
  • Vatican Finances
  • Finance Debt
  • Terms and Conditions
  • Privacy Policy

Cent Rest Pauls

Header Banner

Cent Rest Pauls

  • Home
  • Church Finance
  • Church Loans
  • Religious Cash
  • Vatican Finances
  • Finance Debt
  • Terms and Conditions
  • Privacy Policy
Church Loans
Home›Church Loans›Maryland Prosperity Preaching Pastor Seized 39 Cars Against $ 1.5 Million In Pandemic US Government P3 Loans

Maryland Prosperity Preaching Pastor Seized 39 Cars Against $ 1.5 Million In Pandemic US Government P3 Loans

By Sophia Jacob
April 20, 2021
0
0



Written by Isheka N. Harrison

Apr 20, 2021

The prosperity-preaching pastor of Maryland seized 39 cars worth $ 1.5 million in pandemic P3 loans from the US government. Rudolph E. Brooks Jr. Photo: Tabernacle of the Restoration Kingdom / Facebook

Maryland Prosperity Preaching Pastor Rudolph E. Brooks Jr. was arrested after fraudulently requesting $ 1.5 million in Paycheck Protection Program (P3) loans and using the money to buy 39 cars (including a Tesla, Bentley and Mercedes), put down a down payment on a house and cover other personal expenses.

Brooks, 45, has been charged with wire fraud and faces up to 20 years in prison if convicted. The Federal Bureau of Investigation (FBI) seized $ 2.2 million from his bank accounts as well as the 2018 Tesla Model 3 which it purchased with the funds.

According to a press release from the US Department of Justice, Brooks applied for an Economic Disaster Loan (EIDL) on April 7, 2020 for a business he owned called Cars Direct by Gavawn. He also applied for a PPP loan on May 9, 2020.

Although Cars Direct was incorporated in Maryland on October 29, 2010, it was lost on October 1, 2012 and re-established on January 28, 2020. It also applied for funding for two of its other companies, including its Washington-based church. DC, Kingdom Tabernacle of Restoration Inc. and Madaro Celtic Bank.

Listen to GHOGH with Jamarlin Martin | Episode 74: Jamarlin martin

Jamarlin returns for a new season of the GHOGH podcast to discuss Bitcoin, Bubbles, and Biden. He talks about the risk factors for Bitcoin as an investment asset, including origin risk, speculative market structure, regulation, and environment. Are the larger financial markets in a massive speculative bubble?

Brooks is accused of tampering with financial, tax and payroll records to acquire the funds. In the documents he submitted, he reportedly reported $ 724,469 in payments using Forms 1099-MISC and $ 7,471,630 in employee compensation payments for Cars Direct. However, the IRS said he had no such record according to the affidavit.

Brooks was approved for loans in the amount of $ 1,556,489 for Cars Direct, which he transferred to various bank accounts in his name, according to the criminal complaint.

After news of Brooks’ arrest went viral, the church’s website and Facebook pages were taken down. Meaww reports that while the website was live, he stated that “Brooks’ intense love for the Lord, his relentless spirit, and his ability to tap into the very heart of God make him a memorable speaker” who might even make skeptics of believers.

What the whaaaaaaat⁉️⁉️⁉️He deserves to be in jail…that’s where he belongs????‼️‼️‼️⁉️ pic.twitter.com/DK9dMtIxfH

— Masempele (@ZebinnahM) April 18, 2021






Related posts:

  1. From Laundress to Business Mogul
  2. City council votes to increase water prices | News
  3. Executive Council approves grants of up to $ 40,000 for each diocese, emphasizing renewal amid pandemic – Episcopal News Service
  4. Obituary: Kenneth Gatlin Obituary – The Pratt Tribune

Categories

  • Church Finance
  • Church Loans
  • Finance Debt
  • Religious Cash
  • Vatican Finances

Recent Posts

  • Howard Happenings | News, Sports, Jobs
  • The Nevada Traveler: Austin’s Churches Have Colorful Historical Stories
  • For some clergy in the past, facilitating abortions was faith in action
  • Pakistani Christians pray for a truly ‘new’ nation
  • PAUL CLARK EIDE | News, Sports, Jobs

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • April 2020
  • February 2020
  • January 2020
  • December 2019