North Carolina televangelist Todd Coontz was found guilty of failing to pay taxes and filing false tax returns, including claiming luxury cars and a $1.5 million condo as tax expenses, by a federal jury on Thursday in Charlotte.
Coontz, who has written several books on the topic of seed giving that he says can make people rich, was found to have claimed as business expenses his family’s $1.5 million condo, along with several luxury cars, including a Ferrari and a Maserati.
The United States Attorney’s Office said in a statement that the televangelist’s supposed business expenses included more than $200,000 for clothes and $140,000 for meals.
“Coontz has been released on bond. The failure to pay tax charge carries a maximum prison term of one year and a $100,000 fine, per count. The aiding and assisting in the filing of false tax returns charge carries a maximum prison term of three years and a $250,000 fine, per count,” the U.S. Attorney’s Office added.
Coontz served as minister of Rock Wealth International Ministries from 2010 to 2014.
WSOC-TV Channel 9 attempted to interview Coontz as he left the courthouse following the verdict, but he gave no comment when asked about the years of tax fraud he was found guilty of.
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Source: Christian Post