Everything Is Going Down, But The Word Of God… Insiders informed Obnoxious Media that something very serious was happening At Wiley Jackson’s church. In fact on this past Sunday he had a meeting with key members and leaders in his his ministry about assisting him with a very large amount of money he needed to raise in a very short period of time. According to good Gospel Tabernacle Church snitches they are raising Wiley Jackson $1 million dollars for his birthday! Seems he is going to need that hunk and chunk to stay out of prison because the birthday drive has turned to a defense fund. Well, we all know why now! One thing that is clear is that a new church administrator by the name of Brintza Miles was very difficult to get along with and fired a number of church employees without out reason. In fact, Nannaine Culpepper, sister of the Late Maurice Culpepper was released of her job at midnight following a service. It has always been rumored that Wiley was a sleaze bag that stayed one step ahead of the law. Rumors flooded the church going individuals back when his house off of Hugh Powell Road in Stone Mountain, Georgia went into foreclose. The preacher’s huge crib with elevator came close to being the cause of his loosing his house and church. However, the slick talking preacher that slaughters the English language each time he grabs the mic, wormed his way out of it just in time. Jackson might join the likes of Anthony Jinwright that had to trade in his custom suits and alligator shoes for the prison jumpsuit and flip flops that he now wears in prision. Wiley and his brother must as dump as they sound to think they could take money for and investment firm that is not even licensed and might not even be a legit business registered with the state.
Read all the detailed facts from The Atlanta Journal-Constitution below:
A DeKalb County grand jury indicted a prominent minister and his brother Thursday, accusing them of selling investments without a license.
The Rev. Wiley Jackson, pastor of Gospel Tabernacle Church, and his brother Rodney Jackson were named in an eight-count indictment, according to District Attorney Robert James. The indictment says the brothers’ company, Genesis LLC, received at least $12,000 from individuals as far back as 2002 through investment contracts the company allegedly was not licenced to issue.
Efforts were made to reach the Jacksons for comment Thursday.
James said the Jacksons are not accused of misusing money from investors.
“These charges don’t allege that either Mr. Jackson stole money,” the DA told The Atlanta Journal-Constitution. “I can’t tell you nor would I tell you they actually took money and misappropriated it for some sort of unlawful purpose for their personal use. I can tell you that they were not licensed to do what they did, and because they did it outside of state regulations, there was no oversight, and these people lost money.”
An online search of the Secretary of State’s incorporation records did not immediately yield information on the formation of Genesis LLC or the kind of investments the company may have sold.
“Genesis was the name they were using to collect money from these individuals,” James said. “At this point, it’s unclear that there ever was a Genesis LLC registered with the Secretary of State.”
The DA said at least two investors were members of Gospel Tabernacle Church, which has locations in Atlanta and Stone Mountain. One member gave Genesis $10,000 in 2002 and another investor gave the company $2,000 the same year. Both lost their money, James said.
The indictment says the brothers “failed to inform potential investors that there was a risk that they could lose their principle investment,” a necessary warning to ensure investors would not be misled, the indictment said.
“If you’re going to sell investment instruments in Georgia, you have to be licensed,” the DA said. Investment companies also are required to provide information on their financial health and on the performance of investments. The DA did not say whether Genesis provided balance sheets and other documents to investors.
“When people act outside of the law or act outside of regulations, these are the types of things that happen,” James said. “Folks lose money.”
