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Missionary accused of blowing $33M of Bible donations on diamonds, gambling

August 2nd, 2023 | Tags:
Now considered a fugitive, 45-year-old Jason Gerald Shenk is wanted on multiple federal charges in relation to an alleged plot saw him misdirect more than $33million in donations over the course of nine years. Feds in his home state of Georgia claim took the money under the guise it would be spent on bibles, but instead spent the money on himself. Photo: Daily Mail
DAILY MAIL

A middle-aged missionary is being sought by feds for allegedly orchestrating a scheme that saw him misdirect more than $33million in donations meant for bibles - and instead spending it on a slew of personal splurges and illegal sports betting.

Now considered a fugitive, 45-year-old Jason Gerald Shenk is wanted on multiple federal charges in relation to the alleged plot, which officials in his home state of Georgia claim was carried out over the course of nine years.

During that span, between 2010 and 2019, agents say Shenk - who lives on a sprawling potato farm that's been in his family for years - took the sum from several Christian charities, under the guise it would be spent on bible distribution.

Instead, Shenk allegedly spent it on personal effects such as diamonds and precious metals, gambling, and roughly $7million on his family farm, which officials in Georgia say went under in 2022, shortly after its last tax filing the year before.

Two months later, feds filed documents in the Peach State's Southern District court that laid bare the preacher's supposed scheme.

Since that filing more than half a year ago, officials have failed to locate Shenk, who incorporated his farm company, Heartland Plantations, in 2010. He faces up to 20 years in prison and 'substantial financial penalties' if convicted.

In a statement Tuesday, the U.S. Attorney for the Southern District of Georgia decried Shenk's alleged actions as 'an egregious breach' of trust - and announced that a warrant for his arrest had been issued.

The announcement added to the December indictment feds initially aired against Shenk - in which he was hit with charges that included four counts of wire fraud and three counts of international concealment money laundering.

The Tuesday statement also revealed some of the religious rancher's outrageous - and as now alleged - spending, including some $1million fed said was spent on diamonds and previous metals, and $320,000 on real estate in Chile.

Another $4 million, fed said, was spent on 16 separate life insurance policies, while $850,000 was redirected toward shares of an unnamed, 'private US nuclear company.'

State attorneys added that a further $820,000 was allocated toward the phony missionary's credit card payments - while more than $1 million was deposited in an unspecified online sports betting site that has since been shutdown for fraud.

US Attorney Jill E. Steinberg wrote specifically that the 'case alleges an egregious breach of that trust at the expense of multiple charities and individual donors.'

She added: 'When people of faith donate money for evangelistic purposes, they reasonably expect those who solicit their donations to act as faithful stewards of those funds.'

The indictment - which has already been public for almost seven months - went into further detail about the alleged lengths Shenk took to cover his tracks during the duration of the alleged scheme, which fed say was carried out during a period of time around when Heartland Plantations was created as an LLC in early 2010.

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