A large black church organization SPAC Nation that claims to work toward reforming former gang members and ex convicts is actually robbing its members, putting many of them in debt by taking out loans for pastors with lavish lifestyles.
SPAC Nation, sometimes referred to as a cult, gets lots of positive media coverage because most of its members are former criminals sincerely trying to work toward a better life through “God”. But an in-depth investigation from Huffington Post concluded that the church “created conditions for fraudsters to flourish within its ranks” and failed to act as pastors financially exploited members.
Ex SPAC members have spoken out against shocking cases at the church. The pastors are targeting young black people from impoverished areas and “broken homes” and isolating them from their families, then exploiting them for money!
A HuffPost investigation has found evidence that some pastors at the church have pressured the young black people they are supposed to help, into taking out substantial loans of up to $5,000.
Once these loans arrive in their bank accounts, the congregation member is asked to transfer the money to the SPAC Nation pastor, sometimes on the premise that the clergymen will set them up as “crypto-traders”.
The young people are left in debt, while SPAC Nation’s pastors put on an extravagant show of wealth. Rolls of $50 bills, Rolex watches, Lamborghinis, Louboutin shoes and hosting cash giveaways to tempt more youngsters into joining. The church claims this display of prosperity is necessary to connect with the ex-gang members.
This is a high-profile example of church financial abuse, but this type of behavior is nothing new for Christianity.
Prosperity pastors have been taking advantage of poor people, and financially destabilizing them to ensure reliance on the church since before we were born!
But this church is unique in that so many of its members are former gang members who are trying their best to make a better life for themselves. Many of them have already been victims of society. Now, as they try to escape that life, they’re running into the arms of pastors who only victimize them yet again.
The church is claiming plausible deniability of course.
In one case, we found a pastor had taken out an online loan in a congregation member’s name without her consent or knowledge.
When HuffPost put the accusations of financial impropriety to SPAC Nation, the church distanced itself from the actions of its pastors, saying “a community with hundreds of pastors cannot monitor what each pastor or leader does”.
So I guess, we shouldn’t expect a church to hold its own pastors accountable for potentially illegal activities?
Consider this an admission of its own ineptitude. Instead of helping reform gang members, they’re robbing them!!!