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July 25, 1989 | From Times Wire Services
David Taggart, a former top aide to PTL founder Jim Bakker, and his brother were convicted today of not paying taxes on $1.1 million on PTL money they spent on fast cars, fancy homes and lavish gifts. David and James Taggart were convicted on five counts of not paying federal taxes and both face a maximum of 25 years in prison and fines of more than $1 million. Sentencing tentatively was set for Aug. 25. Both Taggarts sat quietly as the verdict was read.
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NEWS
September 9, 1989 | From United Press International
David Taggart was sentenced Friday to 18 years and five months in prison and James Taggart to 17 years and six months for convictions on tax fraud charges in the PTL scandal. U.S. District Judge Robert Potter also ordered each to pay a fine of $500,000. The brothers, convicted last month of failing to pay taxes on $1.1 million that they allegedly embezzled from the television ministry, had faced up to 25 years in prison.
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NEWS
September 9, 1989 | From United Press International
David Taggart was sentenced Friday to 18 years and five months in prison and James Taggart to 17 years and six months for convictions on tax fraud charges in the PTL scandal. U.S. District Judge Robert Potter also ordered each to pay a fine of $500,000. The brothers, convicted last month of failing to pay taxes on $1.1 million that they allegedly embezzled from the television ministry, had faced up to 25 years in prison.
NEWS
August 21, 1989 | GARRY ABRAMS, Times Staff Writer
More than two years after a sex-and-hush-money scandal forced him out of his lucrative television ministry, PTL founder Jim Bakker goes to federal court here today, accused of defrauding his followers out of millions of dollars. A weeklong round of jury selection begins what is expected to be at least a six-week trial stemming from charges that Bakker diverted donations earmarked for construction of a giant Christian theme park and resort to support his own lavish life style.
NEWS
August 21, 1989 | GARRY ABRAMS, Times Staff Writer
More than two years after a sex-and-hush-money scandal forced him out of his lucrative television ministry, PTL founder Jim Bakker goes to federal court here today, accused of defrauding his followers out of millions of dollars. A weeklong round of jury selection begins what is expected to be at least a six-week trial stemming from charges that Bakker diverted donations earmarked for construction of a giant Christian theme park and resort to support his own lavish life style.
NEWS
December 6, 1988 | DAVID TREADWELL, Times Staff Writer
Jim Bakker, the embattled television evangelist who resigned last year as president of the PTL ministry amid a sex-and-hush-money scandal, was indicted Monday along with a former top associate on federal charges of fraud and conspiracy in the sale of "lifetime partnerships" for yearly vacations at a PTL theme park and resort.
NEWS
July 26, 1989 | From Associated Press
Two former PTL aides were convicted Tuesday of evading $525,000 in income taxes on money they took from the television ministry to buy condominiums, furs, jewelry and nearly $100,000 worth of shoes. A federal jury deliberated five hours before convicting the brothers, James and David Taggart, on identical charges: conspiracy to defraud the government and impede the IRS by willfully evading income taxes, and filing false tax returns for the years 1984, 1985, 1986 and 1987.
NEWS
September 8, 1989 | From Reuters
Two former aides to Jim Bakker were sentenced today to more than 17 years in jail and fined $500,000 each on tax evasion charges. Brothers David and James Taggart received their sentences for using church credit cards to buy furs, jewels and a condominium at the Trump Tower in New York.
NEWS
December 16, 1988 | Associated Press
A federal magistrate Thursday set a $50,000 bond for PTL founder Jim Bakker and three former aides, who are accused of supporting lavish life styles by bilking $4 million from his TV ministry's flock. Bakker, 48, arrived at the federal courthouse in a white Cadillac, smiling and waving to reporters, and said after the 30-minute hearing that he was innocent. His wife, Tammy, did not accompany him. "I am not guilty of these charges and I'm looking forward to due process taking place.
NEWS
September 13, 1989
Jurors in Charlotte, N.C., watched videos showing the opulent life style of PTL founder Jim Bakker, including a 4,000-square-foot suite in a hotel at the PTL ministry's Heritage USA theme park and retreat at Ft. Mill, S.C. The video tour was conducted by James Taggart, Bakker's former interior decorator, who was sentenced to 17 years in prison and fined $500,000 last week for tax evasion while at PTL.
NEWS
July 26, 1989 | From Associated Press
Two former PTL aides were convicted Tuesday of evading $525,000 in income taxes on money they took from the television ministry to buy condominiums, furs, jewelry and nearly $100,000 worth of shoes. A federal jury deliberated five hours before convicting the brothers, James and David Taggart, on identical charges: conspiracy to defraud the government and impede the IRS by willfully evading income taxes, and filing false tax returns for the years 1984, 1985, 1986 and 1987.
NEWS
July 25, 1989 | From Times Wire Services
David Taggart, a former top aide to PTL founder Jim Bakker, and his brother were convicted today of not paying taxes on $1.1 million on PTL money they spent on fast cars, fancy homes and lavish gifts. David and James Taggart were convicted on five counts of not paying federal taxes and both face a maximum of 25 years in prison and fines of more than $1 million. Sentencing tentatively was set for Aug. 25. Both Taggarts sat quietly as the verdict was read.
NEWS
December 6, 1988 | DAVID TREADWELL, Times Staff Writer
Jim Bakker, the embattled television evangelist who resigned last year as president of the PTL ministry amid a sex-and-hush-money scandal, was indicted Monday along with a former top associate on federal charges of fraud and conspiracy in the sale of "lifetime partnerships" for yearly vacations at a PTL theme park and resort.
NEWS
December 14, 1988 | Associated Press
A judge on Tuesday ordered the assets of the troubled PTL television ministry sold to a Toronto real estate developer for $65 million. Canadian businessman Stephen Mernick had bid $36.25 million on Monday in a session at Heritage USA headquarters near Ft. Mill, but after meeting Tuesday with attorneys for the ministry and for the creditors he agreed to increase his bid to $65 million. U.S.
NEWS
December 5, 1988 | From Times Wire Services
A federal grand jury today indicted PTL founder Jim Bakker and his top aide for fraud and conspiracy and accused two other figures in the television ministry of income tax evasion.
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