Minister to repay $1.2 million he “borrowed” from charities he ran

A New York City minister who was the subject of an Associated Press investigation about misspent 9/11 and Hurricane Katrina charity funds has agreed to repay $1.2 million that he took from his congregation to buy an 18th-century farmhouse on seven acres in rural New Jersey.

The Rev. Carl Keyes and his wife, the Rev. Donna Keyes, who jointly led the Glad Tidings Tabernacle in Manhattan, signed a legal judgment Wednesday settling a probe by the New York attorney general into a series of questionable church financial transactions.

Those deals included an illegal loan the couple took from the church in 2008 to buy a house in Stockton, New Jersey, near the Delaware River, and $500,000 the church loaned to an anti-poverty charity controlled by Carl Keyes, called Aid for the World.

Some of that money, the attorney general’s office said, was used to buy the minister and his wife a BMW. According to the settlement, which was scheduled to be officially announced Thursday, other funds were used to finance family trips to California, West Virginia, Africa and Florida, where the couple’s sons went to college.

Glad Tidings former executive director, Mark Costantin, agreed to repay $482,000 he still owed Glad Tidings on $1.2 million in loans he’d taken from the church, some of which were used to pay off the mortgage on his house in Chester, New York…

Three former members of the Glad Tidings’ board agreed to pay $50,000 in penalties for neglecting their oversight duties.

The attorney general’s office began its investigation after the AP raised numerous questions about Carl Keyes and two charities he controlled, including one that had received $4.8 million in donations intended to help victims of the 9/11 terrorist attacks and Hurricane Katrina…

Using a combination of internal documents and public records, the AP also chronicled how the church disposed of $31 million it made by selling off its historic Manhattan church in 2007. That report included detail on some of the loan transactions that were the subject of Wednesday’s settlement. After the AP began asking questions, Keyes filed eight years of tax returns for Urban Life Ministries and three years for Aid for the World.

Nice to see the Fourth Estate behaving with traditional backbone. In a craft so often dazzled and dumbed-down by reclassification as media and entertainment, commitment to ethics, functioning as a genuine watchdog is too rare.

I holler at AP folks frequently enough – mostly their editors – about politics. Always nice to witness dedication to traditional standards of journalism.

One thought on “Minister to repay $1.2 million he “borrowed” from charities he ran

  1. Vincent Black Shadow says:

    “Journalism is not a profession or a trade. It is a cheap catch-all for fuckoffs and misfits — a false doorway to the backside of life, a filthy piss-ridden little hole nailed off by the building inspector, but just deep enough for a wino to curl up from the sidewalk and masturbate like a chimp in a zoo-cage.” Hunter S. Thompson, “Fear and Loathing in Las Vegas: A Savage Journey to the Heart of the American Dream.” (1971)

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