Skip to main content
SHARPER IRON
“As iron sharpens iron, so one person sharpens another.” (Proverbs 27:17)
  • About
    • About Sharper Iron
    • Doctrinal Statement
    • Contact
    • Search
  • Forum
    • Forum Home
    • Comment Guidelines
    • Search
  • Account
    • Log in
    • Register

Founder of World's Largest Church Indicted for Alleged Stock Scheme

By SharperIron on Sun, 03/03/13
Church & Ministry
Prosperity Gospel
Megachurches

South Korea: “Yoido Full Gospel Church’s David Yonggi Cho is accused of $9 million stock loss and $5.5 billion in tax evasion.”

Discussion

Profile picture for user Aaron Blumer
Aaron Blumer

NewBillion with a B

Sun, 03/03/13

The scale of this thing blows my mind. “Church founder” and “5.5 billion” just don’t go in the same sentence.

Views expressed are always my own and not my employer's, my church's, my family's, my neighbors', or my pets'. The house plants have authorized me to speak for them, however, and they always agree with me.

User image
Dan B.

NewNot $

Mon, 03/04/13

Apparently, that’s 5.5 billion won, not dollars (according to an articled linked to by CT). That’s still a lot of money. Shoddy work in the CT piece, though.

Profile picture for user Aaron Blumer
Aaron Blumer

NewExchange rate

Mon, 03/04/13

Yeah, that makes a huge difference. Apparently, 5,500,000,000 won = something like 5,067,259.87 dollars.

Not quite so mind-melting, though it’s a bit hard to put “church founder” and “$5 million” in the same sentence, too.

Views expressed are always my own and not my employer's, my church's, my family's, my neighbors', or my pets'. The house plants have authorized me to speak for them, however, and they always agree with me.

User image
Robert Byers

NewBig Church

Mon, 03/04/13

Not to defend the guy, but if you have a million members and they each give five bucks on Pastor Appreciation Sunday…

Profile picture for user Aaron Blumer
Aaron Blumer

NewAnd imagine all those...

Mon, 03/04/13

…weddings and funerals!

Views expressed are always my own and not my employer's, my church's, my family's, my neighbors', or my pets'. The house plants have authorized me to speak for them, however, and they always agree with me.

Profile picture for user J Ng
J Ng

Newone more for the

Mon, 03/04/13

one more for the Gallerie Chalimastique

Guess who let them in the henhouse!

Related . . .

Topics: Prosperity Gospel
  • "Once you've convinced your flock that God is a venture capitalist, the sky's the limit"
  • How the Bible’s Irony Combats the Prosperity Gospel
  • Few Pastors Bank on Prosperity Gospel, More Prevalent Among Churchgoers
  • "Christians ought not be bound either by poverty theologies or prosperity gospels"
  • The Poverty of the Prosperity Gospel

Pagination

  • Page 1
  • Next page

There is one who speaks rashly like the thrusts of a sword,
But the tongue of the wise brings healing.

(NASB, Proverbs 12:18)

Footer

  • About
  • Contact
  • Search
  • Forum

Since 2005

Image
2005 SI Logo Image