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Pastor Yonggi Cho accused of defrauding his church!

22 February 2014

Pastor Yonggi Cho accused of defrauding his church! (Yoido Full Gospel Church)

yonggi-cho-jailedPastor gets suspended prison term for massive embezzlement

2014/02/20 09:34
SEOUL, Feb. 20 (Yonhap) — A Seoul court on Thursday sentenced a pastor of one of the world’s largest Christian churches to three years in prison with a five-year stay of execution for embezzling large amounts of church funds.
Rev. Cho Yong-gi, the founder and pastor emeritus of Yoido Full Gospel Church in Seoul, was found guilty of causing some 13 billion won (US$12 million) worth of losses to the church by instructing church officials to buy stocks privately owned by his eldest son, Cho Hee-jun, at prices four times higher than market value, in 2002.
The elder Cho was also convicted of dodging 3.5 billion won in taxes in the process.  
The Seoul Central District Court also ordered the 78-year-old disgraced pastor to pay a fine of 5 billion won.
In the same ruling, the court handed down a prison term of three years to the junior Cho, the former CEO of the church-affiliated local daily Kookmin Ilbo, for colluding with his father in the embezzlement scheme.
An investigation into the Cho family was launched last year after a group of members belonging to the church filed a suit for breach of trust and tax evasion.
The church, which claims it has around 800,000 members, has often made headlines in the recent past over a series of internal feuds and various corruption allegations. [from: YONHAP NEWS AGENCY]

¡Pastor Yonggi Cho condenado por estafar a su iglesia!

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2 Comments leave one →
  1. Paul permalink
    27 February 2014 22:47

    People can say what they want but no one is recalling what Dr. Cho went through to get his ministry to this level. Is very easy to destroy and to mislead people. Where were those worldly Elders(Judahs) when Cho was fasting, praying, crying and struggling to make his vision manifest? If those so called 30 or 29 Elders are truly born again Christians why would they deliver their pastor to the world to be judged by the world and not by God. Is it not written in the bible that Christians should not take a fellow Christian to court? Those Elders have they considered how many weak believers will backslide due to their selfish action? Have they thought of how many unbelievers will refused to repent because of one man that they vowed to deal with? Are they not enough to form a prayer intercessory team to pray for their pastor instead of dragging the 79 years old man to a worldly court? Do they remember what happened to Aaron and Miriam in the bible when they stood against Moses? They should ask themselves, who is benefiting from this their action? Do you know who? Satan! May God have mercy on us!

    • 8 March 2014 14:53

      This does not change the fact that Cho is now guilty.
      It is written: «Better is the end of a thing than the beginning thereof: and the patient in spirit is better than the proud in spirit.» (Ecc 7:8)

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