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The Roys Report

How Ministries Misuse Money

The Roys Report

Julie Roys

Religion & Spirituality, Philosophy, Society & Culture, Christianity

4.6714 Ratings

🗓️ 10 March 2020

⏱️ 48 minutes

🧾️ Download transcript

Summary

Guest Bios Book-buying schemes, inflated fund-raising claims, & cures for coronavirus! It’s stunning the ways some Christian ministries are falsely raising funds and/or misusing them. On this episode of The Roys Report, I discuss these kinds of financial shenanigans with Warren Cole Smith, president of MinistryWatch.com—a Christian donor watchdog group. We also explore how the Evangelical Council for Financial Accountability (ECFA) was formed to protect ministries, not donors—and how the ECFA has failed over the years to hold ministries accountable.  

Transcript

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0:00.0

Pastor David Jeremiah may be a giant in broadcasting, but he's at the center of the same kind of book buying scheme that led to the downfall of Mark Driscoll and Mars Hill.

0:12.4

That's just one of the many stories related to finances and ministry that we'll be discussing today.

0:17.7

Welcome to the Roy's Report, a podcast dedicated to reporting the truth and restoring the church.

0:23.4

I'm Julie Roy's, and today I'm going to be speaking with Warren Cole Smith, president of the

0:28.2

Donor Watchdog group, Ministry Watch. He's also former vice president at World News Group and former

0:33.9

vice president at the Colson Center. And he's someone who's been investigating and writing about the evangelical church and ministries for decades.

0:42.1

Today we're going to be talking about a book buying scheme by Pastor David Jeremiah and why?

0:47.4

Despite this scheme, David Jeremiah was just inducted into the National Religious Broadcasters Hall of Fame.

0:54.0

We're also going to be exploring

0:55.4

many other issues within the evangelical church like how the financial watchdog, the evangelical

1:00.9

counsel for financial accountability or ECFA, has in many ways failed to do its job. Warren has

1:07.8

done some incredible research on that spanning decades, and I think you'll be

1:11.8

really surprised by some of the information that he presents. We're also going to look at why

1:16.0

Wycliffe Associates is in hot water for some claims it's made, and why Wycliffe is now

1:21.4

resigning from the ECFA. There's also a story about how the New York Attorney General has warned

1:27.1

televangelist Jim Baker about a product that he's promoting.

1:31.0

But before we get into all that, I want to just take a minute to mention the sponsors of this podcast, Judson University, Mark Ward of Barrington and the Illinois Family Institute.

1:41.5

And by the way, Judson University has recently announced its speaker for its next

1:46.2

world leaders forum that will be held on October 20th at the Renaissance Schaumburg Convention

1:51.4

Center. And the speaker is General David Petraeus, a four-star general and former director of the CIA.

1:58.2

For more information, just go to judsonu.edu. Also, if you're in the market for

2:03.5

new or use car, I encourage you to check out my friends at markortbuick.com. As I've mentioned

...

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