The moneychangers who have been instrumental in St. Ann Catholic Church obtaining a chapel that is new
About 10 months ago, we penned a post en en titled “Good Catholic men creating a killing in the pay day loan company.”
That post actually hit a neurological. It had a huge selection of views round the time We posted it in September 2014, and since then it offers drawn more views than other previous post.
Yesterday and after this, the sheer number of views spiked, when you look at the wake regarding the Star posting on its internet site a tale in regards to the government that is federal a huge, online payday lending procedure run by Timothy Coppinger and Frampton T. Rowland III.
To provide you with a basic concept for the range of this operation, between 2012 and 2013, Coppinger’s organizations issued $28 million in pay day loans and withdrew a lot more than $46.5 million from people’s bank reports.
Here’s how dirty were the dealings of the organizations: The vast majority of the victims hadn’t really used for loans but had provided information that is enough personal themselves to offer lenders use of their checking reports. The lenders then deposited “loans” within the people’s reports and methodically withdrew “interest” payments. Numerous victims didn’t understand for a time that is long these people were being fleeced.
Coppinger ended up being one of several “good Catholic boys” I had written about back 2014. He arises from a household this is certainly a pillar of Visitation Catholic Church, 51st Terrace and principal.
One other household we composed about was the Hodes family members, additionally of Visitation. Like Coppinger, Chris and Vince Hodes experienced Visitation Catholic class and Rockhurst tall and soon after went in to the pay day loan business.
The Hodes family members, also of Visitation, has owned a rather effective plumbing system supply company (they will have related companies, too) since 1943. No one through the Hodes household must have any need whatsoever to be within the lending business that is payday. There must be a great amount of company, and income, which will make everybody pleased for a lifetime.
You don’t have actually to become a psychologist to learn just what drove these “good Catholic men” into the business that is seamy of payday advances — GREED.
But there’s more for this whol story — and much more Catholics with greedy fingers — than Tim Coppinger and Vince and Chris Hodes.
Coppinger and Vince Hodes are now actually users of St. Ann’s Catholic Church in Prairie Village. So can be Coppinger’s partner that autotitleloansplus.com online is payday-lending Frampton (“Ted”) Rowland, and Stephen and Julie Zanone.
The Zanones were principals in a business called MMG, that your state of Maryland fined and banned from conducting business in Maryland a year ago because these people were charging you interest all the way to 1,000 % or maybe more on payday loans…Maryland legislation limits yearly rates of interest to 24 or 33 %, with regards to the form of loan made. (Missouri requires a comparable law but probably won’t get one when in the future due to the conservatives’ stranglehold in the General Assembly.)
Coppinger, this season picture, keeping a trophy for winning a poker competition at St. Ann’s Catholic Church
Stephen and Julie Zanone
To be reasonable, none of those We have called have actually faced unlawful costs. Nonetheless they have to reply to the Kansas City community, and five of them — Coppinger, Rowland, Vince Hodes and also the Zanones — have to resolve for their faith community, St. Ann’s.
You may think that folks who will be making oodles of cash by gouging individuals in serious straits might have the gumption to help keep a profile that is low. That does not be seemingly the actual situation because of the five individuals known as within the past paragraph.
Many years ago, St. Ann’s established a money campaign with all the preferred outcome of raising funds to create a chapel right beside the church, that will be on Mission Road, between 71st and 75th roads. The church has raised almost $7 million toward its aim of $8.5 million, while the chapel is built, however the inside is maybe not quite completed.
Whenever churches have actually money drives, they often designate “lead givers,” or they usually have “steering committees” to lead the drive and set the example for any other parishioners or congregants. I learned 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; while the Zanones.
I do believe it really is reasonable to assume that every of them made pledges that are significant the campaign. In addition, as much as I understand, Rev. Keith Lunsford, the pastor, had no qualms about accepting cash from those who made millions from the backs of the indegent.
The Pitch and investigative reporter David Hudnall have actually led just how regarding the payday-lending tale, and Kansas Citians may be grateful Hudnall has taken straight straight back the curtain with this unsightly situation.
Their first expose arrived in December 2013. He started that whole story by having a conversation of this influx of “new money” at St. Ann, which parishioners had started to notice. Hudnall anonymously quoted one parishioner as saying:
“People in the finance committee plus the school board were referring to the morality of using that cash. However in the final end, i believe they simply seemed one other method.”
Whenever Hudnall asked Fr. Lunsford concerning the income rise, Lunsford stated, “I don’t have any knowledge that is firsthand of at St. Ann active in the payday-loan industry.”
Listed below are my observations…
First, Lunsford should 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 state, “Father, we’re making a king’s ransom in the cash advance company, therefore we wish to share the bounty utilizing the church.”
But all Lunsford needed to probably do— and did but wouldn’t acknowledge — was to consider the foundation!
Such as the parishioners, he previously to possess heard that several of their everyone was neck deep in the cash advance company, in which he needs to have had the courage to confront them then turn their straight back on the filthy lucre.
2nd, each and every time I have a look at that brand new, multi-million-dollar chapel, i’ll think of Jesus (yes, he additionally rates bold-face kind) angrily denouncing the moneychangers when you look at the temple and chasing them down having a whip he fashioned away from cable.
The Gospel of Matthew quotes Jesus as saying, ” My house will probably be called the home of prayer; but ye are making it a den of thieves.”
Yesterday’s moneychangers are today’s payday lenders. Woe betide them.
The chapel that is new St. Ann’s Catholic Church in Prairie Village