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Hebrew Roots Pastor Jim Staley Found Guilty Of Fraud Gets 7 Year Prison Sentence

August 08, 2018, 02:38:10 am suzytr says: Hello, any good churches in the Sacto, CA area, also looking in Reno NV, thanks in advance and God Bless you Smiley
January 29, 2018, 01:21:57 am Christian40 says: It will be interesting to see what happens this year Israel being 70 years as a modern nation may 14 2018
October 17, 2017, 01:25:20 am Christian40 says: It is good to type Mark is here again!  Smiley
October 16, 2017, 03:28:18 am Christian40 says: anyone else thinking that time is accelerating now? it seems im doing days in shorter time now is time being affected in some way?
September 24, 2017, 10:45:16 pm Psalm 51:17 says: The specific rule pertaining to the national anthem is found on pages A62-63 of the league rulebook. It states: “The National Anthem must be played prior to every NFL game, and all players must be on the sideline for the National Anthem. “During the National Anthem, players on the field and bench area should stand at attention, face the flag, hold helmets in their left hand, and refrain from talking. The home team should ensure that the American flag is in good condition. It should be pointed out to players and coaches that we continue to be judged by the public in this area of respect for the flag and our country. Failure to be on the field by the start of the National Anthem may result in discipline, such as fines, suspensions, and/or the forfeiture of draft choice(s) for violations of the above, including first offenses.”
September 20, 2017, 04:32:32 am Christian40 says: "The most popular Hepatitis B vaccine is nothing short of a witch’s brew including aluminum, formaldehyde, yeast, amino acids, and soy. Aluminum is a known neurotoxin that destroys cellular metabolism and function. Hundreds of studies link to the ravaging effects of aluminum. The other proteins and formaldehyde serve to activate the immune system and open up the blood-brain barrier. This is NOT a good thing."
September 19, 2017, 03:59:21 am Christian40 says: bbc international did a video about there street preaching they are good witnesses
September 14, 2017, 08:06:04 am Psalm 51:17 says: bro Mark Hunter on YT has some good, edifying stuff too.
September 14, 2017, 04:31:26 am Christian40 says: i have thought that i'm reaping from past sins then my life has been impacted in ways from having non believers in my ancestry.
September 11, 2017, 06:59:33 am Psalm 51:17 says: The law of reaping and sowing. It's amazing how God's mercy and longsuffering has hovered over America so long. (ie, the infrastructure is very bad here b/c for many years, they were grossly underspent on. 1st Tim 6:10, the god of materialism has its roots firmly in the West) And remember once upon a time ago when shacking up b/w straight couples drew shock awe?

Exodus 20:5  Thou shalt not bow down thyself to them, nor serve them: for I the LORD thy God am a jealous God, visiting the iniquity of the fathers upon the children unto the third and fourth generation of them that hate me;
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Author Topic: Hebrew Roots Pastor Jim Staley Found Guilty Of Fraud Gets 7 Year Prison Sentence  (Read 179 times)
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« on: August 22, 2015, 07:06:22 am »

Hebrew Roots Pastor Jim Staley Found Guilty Of Fraud Gets 7 Year Prison Sentence

A controversial St. Charles pastor was sentenced Wednesday to seven years in federal prison and ordered to repay $3.3 million to elderly investors he defrauded in an investment scam.

“No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon.” Matthew 6:24 (KJV)

    EDITOR’S NOTE: Don’t ever get involved with any sales and marketing schemes run by a church, any church. Christianity is not a business, and those who would use a congregation to get gain are not acting in accordance with the teachings of the Bible. You cannot successfully mix working for the Lord and working for the world.

Jim Staley, 40, pleaded guilty in April to four counts of wire fraud, admitting that he cheated others while making $570,000 for himself. In court Wednesday, some victims and their relatives called him “sick, manipulative and deceitful” and a “disgusting and sickening criminal.” They said some elderly investors trusted him because of his professed Christian faith and family values, and some because they were slipping into dementia. Officials said none of them was a member of his church.

What is the Hebrew Roots Movement? Click to find out…

Staley began with basement Bible study, incorporated the Passion For Truth Ministries in 2008 and began live-streaming messages in 2009. He has since appeared on multiple Christian TV networks and radio stations nationwide. His church has about 200 local members, and an international following of believers in the “Hebrew Roots Movement,” who advocate adherence to the Old Testament Bible teachings.
Defense lawyer Scott Rosenblum asked the judge for a five-year term. Assistant U.S. Attorney Dianna Collins wanted something within the federal sentencing guidelines of nine to 11¼ years.

In ordering seven years, U.S. District Judge E. Richard Webber cited Staley’s solid marriage and home life and his complete lack of a criminal record or any drug or alcohol abuse. But Webber also said Staley showed “very little interest so far in making restitution” and had repeatedly played down his crime.

In a 35-minute video response to critics posted in 2013, Staley insisted, “I was not conning little old ladies out of their money.” After his indictment last year, he blamed investor losses on an economic downturn.

Although he was warned after the guilty plea not to continue denying responsibility, he said in an Aug. 1 sermon that he simply was in “the wrong place at the wrong time” and had not yet been allowed to share his side. “I know the truth and my King knows the truth,” he said.

Because of those statements, Staley lost a credit that federal sentencing guidelines allow for accepting responsibility. He has repaid just $1,950 — a tiny fraction of the restitution owed to victims — despite an annual church salary of $127,000 and free rent in a $1 million house, according to court testimony.

Rosenblum described Staley’s acceptance of responsibility as a “process,” and said that after an epiphany last week, his client stopped parsing words and accepted that he had nefarious intentions at some point.

Holding back tears, Staley, in a blue button-down shirt and jeans, apologized to the court for being overzealous, not doing enough research on the investments and failing to warn investors of possible losses.
He vowed to repay victims, explaining, “My faith requires it.”

Victims and officials have said that Staley promised guaranteed returns, and persuaded some to cash in annuities, knowing it would result in “substantial” sums lost to penalties. They said he falsely claimed that billionaire Warren Buffet was an investor, and that companies were using the investments in their 401k plans.

Prosecutors said he continued to sell the investment — bundled life insurance policies — and recruit salespeople after realizing the product wasn’t selling and after being ordered to stop. He failed to tell investors about a state cease-and-desist order.
Staley worked as a sales agent for a California company named B&B Equity Group. Other agents and those who recruited them faced criminal investigations elsewhere.

Asked if it appeared that Staley truly accepted responsibility, Collins quoted an earlier statement by Rosenblum about some who put on different faces for different people. “That might just be the face that Staley put on today,” she said.

After the hearing, the daughter of a man who lost $155,000 said she thought Staley’s apology was “staged” for church members. Dozens of them showed up to support Staley — so many that spectators were sitting in the courtroom’s jury box and some were forced to stand. source

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