CaribbeanFever / FeverEyes / CaribFever

Caribbean Fever - Your ONLY destination to all things Caribbean and more

Two California Pastors Face Up To 20 Years In Prison For 14M Loan Fraud Scheme

Sheila Quintan Staccato Powell,

Sheila Quintana, 67, and Staccato Powell,

Two former pastors at the African Methodist Episcopal Zion Church in California are facing up to 20 years in prison for allegedly defrauding churches across the state out of $14 million.

Sheila Quintana, 67, and Staccato Powell, 62, who were leaders of the African Methodist Episcopal Zion Church (AME Zion), were arrested and indicted on wire fraud and conspiracy charges, the Los Angeles Times reports. The duo is accused of securing the loans under false pretenses, and using the funds for personal expenses, authorities said Tuesday.

Here’s more from the LA Times report:

Authorities allege the two took control of congregations’ properties and used them to secure loans to benefit themselves in a scheme that ran from around October 2016 to late July 2021, according to the indictment, which was filed Jan. 6 and unsealed Tuesday. Court documents describe the conspiracy as a “campaign of pressure and misinformation targeting pastors who served at the pleasure of Powell.”

“The indictment alleges that Powell and Quintana conspired to defraud AME Zion Church congregations in Oakland, San Jose, Palo Alto, and Los Angeles by re-deeding the local congregations’ properties in the name of WED Inc.,” prosecutors said.

Powell and Quintana each face two counts of wire fraud and one count of conspiracy to commit wire fraud and mail fraud, according to the U.S. attorney’s office for the Northern District of California. Powell also faces one count of mail fraud.

Authorities claim Quintana and Powell allegedly falsified bank statements to scam the federal government out of $14 million. The scheme reportedly unraveled in 2019 when the loans on the churches began to default, per the report. 

“By mid-2020, all of the hard money loans were in default, and WED Inc. filed for Chapter 11 bankruptcy protection,” the indictment said.

The Rev. Kaloma Smith, the pastor at University AME Zion, said, “We are grateful to the Federal Bureau of Investigation for bringing this case forward. We are grateful that somebody heard our cry and started moving on that, and we are grateful for those in the community who knew and supported us.”

Views: 489


You need to be a member of CaribbeanFever / FeverEyes / CaribFever to add comments!

Join CaribbeanFever / FeverEyes / CaribFever

Comment by John Smith on February 21, 2022 at 12:10am

but why? why do they need money being a pastor..

Think of us for Business and Company Registration -

Comment by ITAL DIAGNE on February 6, 2022 at 4:19pm

they would of gotten away with it but they got caught now learn a lesson

Comment by Jeffrey L Donovan on February 5, 2022 at 6:12pm

Is it WED Inc or WEED Inc. It sounds like somebody was smoking something. There are more Devils in the Church than outside the Church.  

Comment by Tyrone on February 5, 2022 at 2:38pm

This doesn't surprise me.  These pastors have been doing this for ages.  All they're doing is leading the flock astray.

Comment by mr1stroke on February 5, 2022 at 2:45am
Lol what else is new, but they could of get away with it if they knew how to do it, but when youre greedy, you can't think straight

Celebrate your BIRTHDAY with CaribbeanFever on 107.5 WBLS, NY







PUMP IT! or DUMP IT! SAT & SUN NIGHT on Caribbean Fever 107.5 WBLS NY (GET YOUR NEW MUSIC PLAYED) SONG{S} BEING VOTED ON ARE {------ ) and {----- }



Caribbean Fever with the best Caribbean News online!




© 2022   Created by Caribbean Fever.   Powered by

Badges  |  Report an Issue  |  Terms of Service