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Online! | | Pastor Cho Yong-gi of One of the World's Largest Churches Sentenced to Three Years in Prison | |
The Rev. Cho Yong-gi, founder and pastor emeritus of Yoido Full Gospel Church in Seoul, South Korea, one of the largest Pentecostal churches in the world, has been sentenced to three years in prison for embezzling church funds.
Cho was found guilty of causing $12 million in losses to the church by having officials in 2002 buy stocks owned by his eldest son, Cho Hee-jun, at four times the market value, Yonhap reported on Thursday.
The 78-year-old pastor, who founded the church in 1958, will also have to pay about $4.6 million in fines. The junior Cho will also be serving a three-year prison term for colluding with his father, the Seoul Central District Court ruled.
According to The Gospel Herald, Cho was also found to have been evading 35 billion won (US $3.3 million) in taxes. The elderly pastor first came under investigation in 2011 when he was accused by 29 church elders of embezzling church funds and privatizing church assets.
read more: http://global.christianpost.com/news/pastor-cho-yong-gi-of-one-of-the-worlds-largest-churches-sentenced-to-three-years-in-prison-for-embezzlement-115042/
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SI Moderator - Greg Gordon
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|  2014/2/24 0:08 | Profile | savannah
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| | Re: Pastor Cho Yong-gi of One of the World's Largest Churches Sentenced to Three | |
1 Timothy 6:10 For the love of money is the root of all evil: which while some have coveted, they have erred from the faith, and pierced themselves through with many sorrows.
1 Timothy 6:11 But thou, O man of God, flee from these things; and follow after righteousness, godliness, faith, love, patience, meekness.
1 Timothy 6:8 And having food and raiment, with these let us be content.
1 Timothy 6:9 But they that will be rich, fall into temptation, and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition.
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| | 2014/2/24 0:21 | Profile | sermonindex
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Online! | | Re: | |
"No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other. You cannot serve both God and money. - Matthew 6:24
"No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other. You cannot serve both God and money." - Luke 16:13
Keep your lives free from the love of money and be content with what you have, because God has said, "Never will I leave you; never will I forsake you." - Hebrews 13:5
Lord keep me and any other worker in the gospel humble and free from the love of money. Protect true workers of the Gospel in the underground churches around the world from the love of money from the West.
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SI Moderator - Greg Gordon
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| | 2014/2/24 0:29 | Profile | KPYee
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| | Re: | | Pastor Cho has done a lot of damage to the Name of Christ . I hope the Lord will show him mercy by leading him to full genuine contrite repentance before its too late . Perhaps this is what He is doing now . Leading him to repentance through incarceration .. Praise the Lord for His mercy ! |
| | 2014/2/24 2:55 | Profile | Lysa
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East TN for now!
| | | 2014/2/24 13:38 | Profile | dolfan
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Tennessee, but my home's in Alabama
| | Re: | | Well, I am not a supporter of the Yoido church as their beliefs stray far afield into private revelations that are just....draw your own conclusions. But I will tell you what I do support. The mercies of God on a man who seeks Him truly. Corruption is so easy when men love you so much, thus making Jesus' "woe" to the one who is beloved by men a hard truth. For every one of Yonggi, there are so many of us whose corruption sneaks by public notice. Lord, cleanse me!! Wash me, Lord!! You know my inner man, and my secret sins. God, that I might repent and fall upon the Rock! Help us, Lord.
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Tim
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| | 2014/2/24 17:09 | Profile | tbsounde2
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| | Re: Pastor Cho Yong-gi of One of the World's Largest Churches Sentenced to Three | | 1 But understand this, that in the last days there will come times of difficulty. 2 For people will be lovers of self, lovers of money, proud, arrogant, abusive, disobedient to their parents, ungrateful, unholy, 3 heartless, unappeasable, slanderous, without self-control, brutal, not loving good, 4 treacherous, reckless, swollen with conceit, lovers of pleasure rather than lovers of God, 5 having the appearance of godliness, but denying its power. Avoid such people. 6 For among them are those who creep into households and capture weak women, burdened with sins and led astray by various passions, 7 always learning and never able to arrive at a knowledge of the truth. 8 Just as Jannes and Jambres opposed Moses, so these men also oppose the truth, men corrupted in mind and disqualified regarding the faith. 9 But they will not get very far, for their folly will be plain to all, as was that of those two men.
2 Timothy 3:1-9
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Will
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| | 2014/2/24 19:10 | Profile | tbsounde2
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| | Re: | | As a Korean-American, my heart grieves when I see how far South Korea has fallen from the days of it's infancy in regards to the gospel; once small in it's own eyes, it strove to faithfully seek and serve the Lord...but prosperity came and they waxed fat and kicked and became filled with every unclean bird and animal and has become a factory for all kinds of heresies and cults and abominations...Lord, continue to bring down and expose those who have caused your great and glorious name to be blasphemed amongst the peoples of the world and raise up those who will faithfully teach and live out Your Word. Bring the true gospel of our Lord Jesus Christ back to Korea and stir their hearts in true Holy Spirit led repentance and bring revival once again Lord, cause them to see their desperate need of you, cause them to come humbly once again, just as in the days of old, 100 years ago...sigh...
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Will
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| | 2014/2/24 19:18 | Profile | InTheLight
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| | Re: | | Quote:
Well, I am not a supporter of the Yoido church as their beliefs stray far afield into private revelations that are just....draw your own conclusions. But I will tell you what I do support. The mercies of God on a man who seeks Him truly. Corruption is so easy when men love you so much, thus making Jesus' "woe" to the one who is beloved by men a hard truth. For every one of Yonggi, there are so many of us whose corruption sneaks by public notice. Lord, cleanse me!! Wash me, Lord!! You know my inner man, and my secret sins. God, that I might repent and fall upon the Rock! Help us, Lord.
Well said!
We are all just sheep. We can't fight our enemies nor outrun them. We wander off and can rarely find our own way back. We're not even as smart as an ant who stores up food for himself; no, we must be led by green pastures and still waters daily. Praise the Lord for a Good Shepherd!
In Christ,
Ron
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Ron Halverson
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| | 2014/2/24 19:29 | Profile | AbideinHim
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| | | 2014/2/25 9:11 | Profile |
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