Pentecostal Pastor Charged With Hiding $100,000 From Feds

Jerry Cox
Jerry Cox, a 72-year-old Louisiana Pentecostal pastor who reportedly lives in a multimillion-dollar mansion, has been charged with structuring over $100,000 in financial transactions to avoid federal reporting requirements. (Courtesy)

Jerry Cox, a 72-year-old Louisiana Pentecostal pastor who reportedly lives in a multimillion-dollar mansion, has been charged with structuring over $100,000 in financial transactions to avoid federal reporting requirements.

According to the Bill of Information, in September 2011, Cox "made, and caused to be made," a series of cash withdrawals from Citizens Savings Bank and Resource Bank. The feds charge he aimed to "evade certain reporting requirements" under federal law, according to the U.S. Attorney's Office in New Orleans.

Cox is the pastor of Faith Tabernacle Church in Franklinton, Louisiana. He was not immediately available for comment but previously hung up on a reporter from the New Orleans Advocate, the paper reports.

"Cox did so as part of a pattern of activity involving more than $100,000 in a 12-month period," a statement from the attorney's office reads. "Specifically, Cox caused a series of seven withdrawals between Sept. 20, 2011 and Oct. 11, 2011, in amounts between $7,650 and $9,500."

If he's convicted, Cox could spend the next 10 years in prison, followed up by three years of supervised release. That's on top of a maximum $250,000 fine.


To contact us or to submit an article, click here.


Get Charisma's best content delivered right to your inbox! Never miss a big news story again. Click here to subscribe to the Charisma News newsletter.

Five ways to deepen your relationship with God, increase your faith and save money!

  • Deepen Your Relationship with God with a FREE eCourse: Click Here to view all of our free e-Courses. Favorite topics include Fear, Forgiveness, Holy Spirit, Supernatural, and How to Hear God.
  • Super Discounts and Close-Out Specials: Click Here to view all our bundles and close-out specials and save up to 86%! Prayer, Holy Spirit, Anointing, the Supernatural and more.
  • God Wants to Anoint Women Now: Rise up and enter the anointing of Deborah, Anna, Esther, Ruth and Hannah. You were called to go higher. Click Here to learn more.
  • Change Your Atmosphere and Circumstances Through Prayer! John Eckhardt's prayer bundle gives you six powerful books to help you pray and change any situation. Click Here.
  • HUGE Bible Sale!: Click Here to save up to 50% off a great selection of Bibles. Plus, get a free gift with each order!

Subscription Special: Subscribe to Charisma for Only $24.97 and get a free gift. With your subscription, you'll receive Born For Significance by best-selling author Bill Johnson. View Offer

Attention Pastors and Leaders: Leadership training and development are crucial for success. Enroll in a FREE 1-hour leadership mini-course by Dr. Mark Rutland. View Details

Charisma News - Informing believers with news from a Spirit-filled perspective