Hennepin County records show that the Brooklyn Park building is now owned by the money changers. TCF Bank bought the property in a foreclosure sale for $5.1 million.
Omigod!
Even though Living Word has raked in millions in donations, it's been struggling financially of late. In 2008 it failed repeatedly to meet its own monthly budget. The way the church raises and spends money has been the subject of a long-running battle with the IRS and congressional investigations. Hammond has been forced to flog of the church's controversial private plane. And the church recently sued in an effort to avoid repaying $2.2 million in donations from a Ponzi schemer.
Does this mean Michele Bachmann won't be preaching at the Living Word this year?
No comments:
Post a Comment