Channel Nine News of Charlotte, NC recently broadcast the news that Todd Coontz has been indicted by the federal government on several charges of tax fraud. The Trinity Foundation began working with investigative reporter Jim Bradley in December 2012 to help provide information on Todd Coontz and his ministry. Bradley’s March 2013 report on Coontz features a brief interview with Ole Anthony, President of the Trinity Foundation(view video here). Recently Ole was interviewed by the Christian Post about our work with Bradley on that investigation and Ole’s response to the indictment (read article here).
Channel 9 June 23 news clip about Coontz’s indictment can be viewed here.
The federal indictment by the US Secret Service includes items mentioned in Bradley’s 2013 report on Coontz: that he owned a $1.38 million condo, a Ferrari, and a Maserati under his ministry’s name; and used ministry funds to pay for more than $227,000 in clothes and $140,000 at restaurants; in addition to taking luxury vacations. According to the government, Coontz owes a surplus of $326,000 in tax payments from the years 2010-2013.