Gerald Payne
speaker
102 appearances
1 recordings
1 series
first heard Jan 2026
last heard 9 Jan
Gerald Payne’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jan 2026 with 1.
Appearances
Because remember, the church building used to be a bank.
In fact, at one point, they're making so much money that they literally fill up three whole vaults full of cash.
And this scam goes on for years.
And over time, he manages to collect nearly half a billion dollars from more than 18,000 people.
Damn.
But then, he starts to run into some problems.
See, Gerald has been withdrawing money from the church account in small transactions, each under the federal reporting limit of $10,000.
That way he won't have to report it and it doesn't raise suspicion with the government.
However, unfortunately for him, the IRS is really good at what they do.
And they notice these withdrawals and they do get suspicious and they start tracking him.
They also start investigating the church as well.
And soon enough, they discover that old Gerald is running an unregistered investment program and that at this point he's withdrawn about $1.5 million from the church's account.
And so state regulators from different states, they go and they file cease and desist orders against him.
But Gerald, he doesn't seem to care.
He just keeps going.
He's making way too much money from this.
And to be fair, other than a few cease and desist orders, no one is really calling him out.
So it's starting to look like he might just keep scamming his congregation forever.
Until 1998, when something unexpected happens.
By sheer coincidence, a bank in Boulder, Colorado gets shut down by state regulators.
Showing 61–80 of 102 · page 4 of 6
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