The moneychangers who had been instrumental in St. Ann Catholic Church finding a chapel that is new
About 10 months ago, we penned a post en titled “Good Catholic boys making a killing in the pay day loan company.”
That post actually hit a neurological. It had a huge selection of views across the time We posted it in September 2014, and since then it offers drawn more views than just about virtually any previous post.
Yesterday and after this, how many views spiked, within the wake regarding the Star publishing on its web site a tale concerning the government banning a huge, online payday lending procedure run by Timothy Coppinger and Frampton T. Rowland III.
To provide you with a basic concept associated with range regarding the procedure, between 2012 and 2013, Coppinger’s organizations issued $28 million in payday advances and withdrew a lot more than $46.5 million from people’s bank records.
Here’s how dirty were the transactions of the businesses: almost all the victims hadn’t really used https://www.fastcashcartitleloans.com for loans but had provided enough private information about by themselves to provide lenders use of their checking records. The lenders then deposited “loans” within the people’s reports and methodically withdrew “interest” re re payments. Numerous victims didn’t recognize for a number of years that they certainly were being fleeced.
Coppinger was among the “good Catholic men” I published about back in 2014. He arises from a family members that is a pillar of Visitation Catholic Church, 51st Terrace and principal.
One other household we published about had been the Hodes household, additionally of Visitation. Like Coppinger, Chris and Vince Hodes experienced Visitation Catholic class and Rockhurst High and soon after went in to the cash advance business.
The Hodes household, additionally of Visitation, has owned a really effective plumbing work supply company (they will have related organizations, too) since 1943. No body through the Hodes family members need to have any need whatsoever to be within the payday financing company. There ought to be an abundance of company, and earnings, to help make everyone pleased for a lifetime.
You don’t have actually to become a psychologist to understand what drove these “good Catholic men” towards the seamy business of exorbitant payday advances — GREED.
But there’s more to the story — and more Catholics with greedy fingers — than Tim Coppinger and Vince and Chris Hodes.
Coppinger and Vince Hodes are now actually people in St. Ann’s Catholic Church in Prairie Village. So can be Coppinger’s partner that is payday-lending Frampton (“Ted”) Rowland, and Stephen and Julie Zanone.
The Zanones had been principals in a business called MMG, that your state of Maryland fined and banned from conducting business in Maryland year that is last they were billing interest as high as 1,000 per cent or maybe more on payday loans…Maryland legislation limits yearly interest levels to 24 or 33 %, according to the style of loan made. (Missouri needs a law that is similar probably won’t get one when in the future due to the conservatives’ stranglehold in the General Assembly.)
Coppinger, this season picture, holding a trophy for winning a poker tournament at St. Ann’s Catholic Church
Stephen and Julie Zanone
To be reasonable, none of those We have called have actually faced unlawful costs. Nevertheless they have to reply to the Kansas City community, and five of them — Coppinger, Rowland, Vince Hodes while the Zanones — have to respond to with their faith community, St. Ann’s.
You may think that folks who will be making oodles of income by gouging individuals in dire straits could have the gumption to help keep a minimal profile. That does not be seemingly the way it is utilizing the five individuals called into the past paragraph.
Many years ago, St. Ann’s established a money campaign with all the preferred outcome of increasing funds to create a chapel right beside the church, that is on Mission path, between 71st and 75th roads. The church has raised almost $7 million toward its objective of $8.5 million, together with chapel happens to be built, however the interior is certainly not quite completed.
Whenever churches have actually money drives, they usually designate “lead givers,” or they will have “steering committees” to guide the drive and set the example for any other parishioners or congregants. We discovered today from a second-hand supply — but a supply that We trust — that the lead givers at St. Ann included Tim Coppinger and their spouse; Vince Hodes and their spouse; Ted Rowland along with his spouse; in addition to Zanones.
I believe it really is fair to assume that every of them made pledges that are significant the campaign. The pastor, had no qualms about accepting money from people who made millions on the backs of poor people in addition, as far as I know, Rev. Keith Lunsford.
The Pitch and investigative reporter David Hudnall have actually led the way in which in the payday-lending tale, and Kansas Citians could be grateful Hudnall has drawn right back the curtain about this situation that is ugly.
Their first expose arrived in December 2013. He started that whole story having a conversation of this influx of “new cash” at St. Ann, which parishioners had started to notice. Hudnall anonymously quoted one parishioner as saying:
“People in the finance committee plus the college board had been dealing with the morality of using that cash. However in the end, i believe they simply seemed one other method.”
Whenever Hudnall asked Fr. Lunsford in regards to the revenue rise, Lunsford stated, “I don’t have any knowledge that is firsthand of at St. Ann active in the payday-loan industry.”
Listed here are my observations…
First, Lunsford will need to have had their eyes shut and their fingers over their ears. Needless to say, he didn’t have “firsthand” knowledge. Coppinger and Rowland weren’t planning to approach him and say, “Father, we’re making a fortune in the pay day loan company, and now we like to share the bounty because of the church.”
But all Lunsford needed to do — and probably did but wouldn’t acknowledge — was to consider the origin!
Such as the parishioners, he previously to possess heard that several of their individuals were neck deep in the cash advance company, in which he needs to have had the courage to confront them then turn his straight straight back on the filthy lucre.
2nd, each and every time we glance at that brand new, multi-million-dollar chapel, i shall think of Jesus (yes, he additionally rates bold-face kind) angrily denouncing the moneychangers when you look at the temple and chasing them down with a whip he fashioned away from cable.
The Gospel of Matthew quotes Jesus as saying, ” My house will be called the homely home of prayer; but ye are making it a den of thieves.”
Yesterday’s moneychangers are today’s lenders that are payday. Woe betide them.
The brand new chapel at St. Ann’s Catholic Church in Prairie Village