An article in Thursday’s Gainesville Sun states that Terry Jones (who just cancelled his planned burning of the Quran) owns a number of properties in the Gainesville area, but the article did not have financing information on the properties. I have searched the public records in Alachua County and found mortgage records that are a close match to the information the Sun produced on purchase records. In addition, I found mortgage records on the Dove World Outreach church property itself that show a large mortgage being taken out on the church property just 27 days before the first residential property was mortgaged in Jones’ name. These records create the impression that Jones used the mortgage of church property to fuel the purchase of a large amount of residential property in his own name.
Here is the information in the Sun:
The Joneses or their corporation, TS and Company, own six properties in the Gainesville neighborhoods of Pineridge and Phoenix, purchased between March 2006 and August 2007 for a combined total of $647,500. Financing information was not available. In addition, Terry and Sylvia Jones bought a home in Slidell, La., in January 2007 for $303,900. They also own a condo in the Paradise Island Towers Condo on Treasure Island, which was bought before Jones’ first wife died.
I searched the public records of Alachua County for mortgages under the name of Terry D. Jones. Here is what the search produced:
Clicking on each of the mortgages, numbers one through seven on the list above are for amounts between $80,000 and $150,00 and total $658,600. The subdivisions for these properties match with the reporting from the Gainesville Sun. I did not search for mortgages in the name of the furniture company. The mortgage records cover the period June 28, 2006 through April 24, 2007.
The corporate entity which operates Dove World Outreach Center is Dove Charismatic Ministries, Inc. Jones became president of this non-profit in the annual report filed with the state of Florida on May 18, 2005. Checking mortgage records for Dove Charismatic Ministries produces the following report:
Note that the earlier mortgages dated 1986 through 1993 all show zero amounts. Presumably, the Dove property was fully paid off when Jones took over as president of the corporation in 2005. A mortgage of $25,000 was taken out by Dove Charismatic Ministries on January 30,2006 and then a much larger mortgage of $285,000 was taken out on June 1, 2006, just 27 days before the first of the residential mortgages in Jones’ name.
Perhaps there is an innocent explanation for this, but these transactions certainly suggest a situation in which a small, trial mortgage on the fully paid off property was taken out in early 2006 and then when that went well, a much larger one was taken out. The proceeds of this larger mortgage would seem to be more than adequate to cover down payments and other assorted fees for the residential properties which were purchased. If these properties were purchased as church investments, why are the mortgages in Jones’ name and not the church’s?





45 Comments

Incredible research job – Thanks Jim
Recommended
According to NPR headlines Pastor Jones has canceled his Saturday Extravaganza.
Ah, another Man of God turns out to be a two-bit grifter. Great catch, Jim.
HuffPo has that up now.
I have no doubt that the Rev. Jones isn’t scamming his congregation, after all, he’s a Christian isn’t he?
Great job, Jim.
I have the feeling that Jones never intended to burn the books but he certainly got the attention he was looking for. Now he’s going to meet with the Imam. He’s a scam artist just like the rest of the wingnut ministers.
Yep, good one Jim. It looks like the good rev is ready for wall street.
Outstanding research, this must be why Terry Jones’ own daughter said he was asked to leave that German church he founded — for “confusing” the collection plate with his own wallet, apparently.
Great work, Jim — terrific journalism. (Hey Legacy Media, THIS is how it’s done.)
A crooked Christian. Who would have thunk it. Maybe all this fame will bring on an investigation for fraud.
Fixed it for ya.
To answer your question:
There are two sensible answers:
(A) because they are not church properties
(B) “L’eglise c’est moi” (Jones says “I am the Church”)
I’m gonna bet this is the reason behind what NPR reported as “more FBI agents than would have been needed if it was just relative to security for the Koran burning” having shown up at Jones’ place, i.e., several carloads of them came over today. They would need that number if they were, say, executing a search warrant or something.
Three more points.
First, this shows what kind of a genius this guy is. He bought all those properties at the peak of the market. He bought high.
Second, this draws my attention back to what we lawyers call “badges of fraud” when we’re dealing in the land of fraudulent transfers and embezzlement. Not saying that he did embezzle or engage in frauulent transfers, just that it kinda looks that way. Badges of fraud would include things like:
- new debt being taken out far in excess of what the debtor needs (Why would a fully paid-of church with only 40 or 50 members take out a mortgage for better than a half-million dollars? To improve the building? Where are the building permits, plans, fund drives, needs for improvements in the first place?)
- transfers of value from the debtor (church) to insiders (officers like Pastor and Mrs. Pastor), particularly where there’s no value coming back to the church in return;
- the use of names which divert from the true identities of the owners when engaged in transactions;
- no previous history of the people making this sort of transaction or investment (Was he a long time real estate investor, or did he suddenly start – and start big – into real estate investment? Why? How was he able to do so?);
- Oh, yeah: A History Of Previous Fraudulent Conduct. Big red flag.
I could go on – there are literally dozens of these badges of fraud.
But it sure looks like he cleaned out the church’s value and put it to his own use.
Third, I’m betting this publicity and the doubtless consequent shower of money is what he may have been hoping for when he started this stunt – he’s got to pay those mortgages somehow – though it certainly got way out of hand. He could have crusaded for funds to fight he evil liberals or whomever who were out to destroy his ministry or against God or whatever all the while diverting that money to cover his nut. It’s just that, when it went all Sorcerer’s Apprentice on him he had no clue on what else was going to come his way. Starting an international incident is not the way to cover up or elide a brewing embezzlement scandal – it’s the best way to make sure it erupts.
He was also turning off the congregants with his increasingly harsh, intolerant rhetoric. Apparently people stopped coming to church in order to avoid him.
Here’s more on Jones:
115159
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Email Comments 636 LONDON — The American media seem spellbound by Terry Jones as a stuntmaster. They can’t stop talking about his threat to burn copies of the Koran on the 9th anniversary of 9/11, or asking other notables, from generals to cabinet members, to comment about it. The only thing it doesn’t seem fascinated by is Terry Jones the person.
The British and German press are shedding some light on that issue. Germany’s Der Spiegel quotes Andrew Schafer, a Protestant church official responsible for monitoring cults in the Cologne area, where Jones once had a congregation numbering 100, as saying:
“Terry Jones appears to have a delusional personality.”
The Times of London (hidden online behind a paywall, but I have a paper copy I borrowed from the BBC), has some blunter reporting about Jones’ background:
He (and his second wife Sylvia) left Germany in 2008 after one of their three adult children… along with a former church elder… accused them of financial and labour (sic) abuses… (the Florida church) is funded by TS & Company, a furniture shipping business owned by the church, which buys vintage pieces from Europe and sells them at profit in the U.S. The workforce is comprised of the Jones’s disciples, who work for no wages and live cost-free in tatty properties owned by the (Joneses).
Tatty is Britspeak for rundown, or crummy.
http://www.huffingtonpost.com/harry-shearer/who-is-terry-jones_b_708990.html
Maybe he was going to burn more books than just the Koran – like the books that showed he was cleaning out the Church’s accounts.
It is a christian. It is despicable. It inherits 2000 years of violence, torture, murder, and intolerance. If it gets a lot more people to hate its religion (christianity), it will have done the human race a lot of good.
You mean there’s something about him that’s shadier than his facial hair? No-one could have ever predicted blah blah blah.
Religious fanaticism is a mental illness.
Amazing. But hey, it’s America ~ free market, doncha know ~ even for the thieving fundies!
Excellent investigating and reporting, Jim.
Several car loads of agents? What took them so long. They probably discussed his plans for Saturday while maintaining a firm grip on his testicles.
Huh. I’ve seen pastors of small congregations keep everything they own in the name of the church (whose board is all family) in order to keep it tax-free and untouchable from civil liability. I guess the scam can work in either direction…
And while retrieving the financial books of the church before he could burn them.
“several carloads of agents” is what NPR said.
If the FBI is going to come out and tell you about a death threat, they’ll send two. Likewise, if they want to interview you “to clear up some things”, they send two.
If they have a warrant, they send more.
It doesn’t matter which shell you hide it under, if you control all the shells.
Jim–I hope you’re on solid ground with the public display of those property records. Such ‘off-site’ info access to public records is often limited to personal use only; posting such screen shots is, I am pretty sure, prohibited where I am (California).
Well, that didn’t take long (was waiting for the other shoe to drop)
So, he ginned up all this worldwide publicity in the hope of getting some new donations? Or, is there more…
Ah, the penny drops… just where many thought it would. A two-bit lying grifter with a reliably photogenic six-gun strapped to his thigh. As they say in the south: well how nice! Will Glenn Beck-Swaggert leap to Jones’ defense inciting the masses about how victimized Jones is by the dastardly liberal media?? Inquiring minds need to know (or maybe not).
Hope they throw the book at him, but I’m betting that Barack Hussein Obama is kissing the ground Jones walks on because it gave BHO “cover” for the 9th Circuit decision handed down yesterday.
And so: on it goes.
This guy may wind up with a little attention of the undesired kind.
I still think someone gave him a chunk of change to create this embarrassing maelstrom.
Look at what Thom Hartmann came up with as well:
the guy’s a crook as well as an a-hole
Well, it didn’t work…it’s all over the web what that court just did to US and the Constitution…what there is left of it.
the corporate media wouldn’t have mentioned the court’s decision anyway, but the NYT did.
It was once the case that lenders would not allow downpayments to be made with borrowed money. When I last looked, a mortgage is borrowed — and must be repaid. Ergo, a downpayment on a new property plus the mortgage for the remainder is 100% borrowed — evidence of the lax rules followed by banks or other lenders to complete a transaction that has a high possibility of failure. How are the good Pastor Terry’s mortgage payments looking these days??
Who doubts that Mr/Rev Jones will be able to satisfy all debts and leverage a few more from the fees he will garner speaking to our esteemed press and, if he is lucky, to other wackos interested in his point of ‘view’.
If they are in the church’s name then no taxes right? If they are in his name taxes? Were any taxes paid? Are any taxes paid if he is renting these homes out or selling them?
Well I certainly won’t fault his ‘stache.
ROCK THAT ‘STACHE, FREAKISHLY UNNERVING WEIRDO PREACHER MAN!
Nice work. Recommended.
Gainesville Sun has been covering this ‘church’ for a while.
This article from July 19, 2009 ” A Look at the Dove World Outreach Center..” had this:
If you feed your unpaid workers with food bank food; are the properties discussed here on the Section 8 voucher rolls? Thus another source of possible ‘income’ for the ‘church’?
The first link to the mortgages did not work for me?
Olbermann has Turley on now to talk about this court’s decision. I love Turley. Now THERE’S a Constitutional scholar.
There wasn’t a link because it was a screen grab from doing the search at the county clerk’s web site, but if you click on the image twice, you will wind up at a larger display of the information.
You’ve never seen some of the real-estate sites: you can find out who owns everything on the block, when they bought it, how much they paid, and who they bought it from. It’s information from public records, after all.
Wow, way to blow this one up, Jim.
I always fail to properly estimate the depths of the depravity humans will stoop to.,
This scam, his abuse of parishners, this human, is depraved.
I hope he’s locked up for a long time, and soon.
Sad, but he’s STUPID to, as far a scammers go.
Just another ignorant grifter in too deep at the wrong end of the gene pool.
VERY well done Jim; I was wondering about the money trail. Dollars to donuts there is more to be uncovered.
Hope your work gets widely distributed.
Why does anyone pay attention to the rantings of a guy with 50 people following him?
Who gives a shit about this guy?
You put yourself in the world spotlight, people start taking a closer look at what the spotlight reveals.
Unfortunately, the ranting of one whackjob extremist can be heard by a whole bunch of other whackjob extremists…
..and those whackjob extremists tell their whatjob extremists friends…
…and so on…
…and so on…
…and at the end of the day some idiot congressman from South Carolina calling for a boycott on French toast, there’s a fatwa on comic strip character, and Denmark’s flag is being burned across half the planet.
Great investigative work Jim. Fantastic.
Agree about Turley; excellent constitutional expert.
Yeah, the news about the 9th Circuit decision is out there, but who will really pay attention to it (except folks like us, and, as we know, we’re just f*ucking r*tarded)?? The corporate-owned rightwing media (corm) will certainly waste everyone’s time with scary scary mooslinz junk, and the real news will be buried.
I would prefer to just ignore rip-off cretins like Jones; he is a grifting *sshole. That said corm plays this junk up now (rather than relegating it to the “point and laugh” status it used to have), and imo, simply ignoring it completely is not an option.
Thanks to Jim for uncovering the real deal about this jerk. Follow the money every time.
Jim, do you know whether any of his still remaining parishioners are aware that he “appears” to be using church funds for his own purposes?
Yes, follow the money. In fact, Henry James said about writing novels that one should always know where your characters get their money from.
(Otherwise, how could you write about them authentically?)
Brilliant work!
Fits perfectly with my own investigations, here.
Thanks for that link. Nice work.