Charges against Gospel Tabernacle pastor Bishop Wiley Jackson and his brother, the Rev. Rodney Jackson, were dismissed Monday after they repaid investors $90,000.
DeKalb District Attorney spokesman Erik Burtonsaid the men made restitution to seven DeKalb County victims involved in an investment company headed by the pair.
“After the money was set up in an escrow account and the victims were repaid, the case was dismissed,” Burton said.
In an April 23 statement, Wiley Jackson defiantly maintained his innocence.
“All my actions in connection with Genesis were done with the advice of a certified public accountant who was a licensed securities broker,” Jackson in the statement emailed to CrossRoadsNews. “My actions violated no Law.”
The men were accused of selling investments without a securities license in violation of the Georgia Securities Act.
Wiley Jackson, 59, heads the megachurch, which has locations in Atlanta, Stone Mountain, Fayetteville and Griffin. Rodney Jackson, 58, is co-pastor at the church.
He expressed relief that the charges against him were dropped.
“I am thankful that I can now put this chapter behind me and I am looking forward to continuing the work that I love,” he said in a separate statement.
A DeKalb grand jury indicted the brothers on Dec. 20.
At the time, investigators said the brothers’ company, Genesis LLC, received at least $12,000 from two individuals as far back as 2002 through investment contracts the company was not licensed to issue.
The indictment said the Jacksons “failed to inform potential investors that there was a risk that they could lose their principle investment,” a necessary warning to ensure investors would not be misled, the indictment said.
The DA’s office said the original two investors were members of Gospel Tabernacle. One member gave Genesis $10,000 in 2002 and another gave the company $2,000 the same year.
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article courtesy of Joy105.com
