News • 1 year ago

Man claiming to be a missionary accused of blowing $40M in Bible donations

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Man claiming to be a missionary accused of blowing $40M in Bible donations

News • 1 year ago

Man claiming to be a missionary accused of blowing $40M in Bible donations - National | Globalnews.ca

Jason Shenk allegedly told his victims he was a missionary and would use the donated funds to produce and distribute Bibles in China.

The U.S. Department of Justice (DOJ) has issued an arrest warrant for a Georgia man who is accused of “misdirecting” US$30 million (about C$39.9 million) in donations to send Bibles to China.

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Instead of creating the religious material, Shenk apparently used the money for his own purposes. The DOJ claimed Shenk spent about $1 million on online gambling sites, purchased $4 million in life insurance policies in various people’s names and spent nearly $1 million on diamonds, gold, and other precious metals.

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