The moneychangers who have been instrumental in St. Ann Catholic Church getting a brand new chapel
About 10 months ago, we penned a post en en en titled “Good Catholic men building a killing in the cash advance 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, how many views spiked, within the wake for the Star publishing on its web site an account concerning the government that is federal a huge, online payday lending procedure run by Timothy Coppinger and Frampton T. Rowland III.
To offer concept for the range for the procedure, between 2012 and 2013, Coppinger’s businesses issued $28 million in pay day loans and withdrew significantly more than $46.5 million from people’s bank records.
Here’s how dirty were the transactions of the organizations: almost all the victims hadn’t really used for loans but had provided enough private information about by themselves to provide lenders usage of their checking accounts. The lenders then deposited “loans” within the people’s reports and methodically withdrew “interest” payments. Numerous victims didn’t recognize for the time that is long they certainly were being fleeced.
Coppinger had been among the “good Catholic men” I published about back 2014. He originates from a household that is a pillar of Visitation Catholic Church, 51st Terrace and principal.
One other family we composed about had been the Hodes household, additionally of Visitation. Like Coppinger, Chris and Vince Hodes had Visitation Catholic class and Rockhurst tall and soon after went to the pay day loan business.
The Hodes household, additionally of Visitation, has owned an extremely plumbing that is successful business (they will have related businesses, too) since 1943. No one through the Hodes household need to have any need whatsoever to be into the payday lending company. There must be an abundance of company, and earnings, to create everyone pleased for a lifetime.
You don’t have actually to be a psychologist to learn exactly what drove these “good Catholic boys” towards the seamy company of exorbitant payday advances — GREED.
But there’s more for this 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 might be Coppinger’s payday-lending partner, 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 this past year because these were billing interest as high as 1,000 % or maybe more on payday loans…Maryland legislation limits yearly rates of interest to 24 or 33 per cent, with respect to the variety of loan made. (Missouri requires 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, keeping a trophy for winning a poker competition at St. Ann’s Catholic Church
Stephen and Julie Zanone
To be reasonable, none associated with individuals we have actually known as have actually faced unlawful fees. 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 to their faith community, St. Ann’s.
You may think that individuals that are making oodles of income by gouging individuals in serious straits might have the gumption to help keep a minimal profile. That does not be seemingly the way it is because of the five individuals called when you look at the paragraph that is previous.
Many years ago, St. Ann’s launched a money campaign because of the primary goal of increasing funds to construct a chapel right beside the church, which will be on Mission path, between 71st and 75th roads. The church has raised almost $7 million toward its aim of $8.5 million, therefore the chapel happens to be built, nevertheless the inside is certainly not quite completed.
Whenever churches have actually money drives, they usually designate “lead givers,” or they will have “steering committees” to title loans near me guide the drive and set the example for any other parishioners or congregants. We learned today from a source that is second-hand 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 and their wife; and also the Zanones.
I believe it really is reasonable to assume that most of them made significant pledges to 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 regarding the payday-lending tale, and Kansas Citians may be grateful Hudnall has drawn right right back the curtain about this situation that is ugly.
Their expose that is first came December 2013. He began that whole story having a conversation associated with the 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 additionally the college board had been speaing frankly about the morality of using that cash. However in the final end, i believe they simply seemed one other way.”
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 will need to have had their eyes shut along with his arms 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 lot of money in the cash advance company, so we wish to share the bounty with all the church.”
But all Lunsford needed to do — and probably did but wouldn’t acknowledge — was to consider the origin!
Just like the parishioners, he had to own heard that several of his individuals were neck deep in the loan that is payday, in which he must have had the courage to confront them then turn their straight back to their filthy lucre.
2nd, each and every time we glance at that brand brand new, multi-million-dollar chapel, i am going to think of Jesus (yes, he also rates bold-face kind) angrily denouncing the moneychangers within 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 be called the homely household 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 chapel that is new St. Ann’s Catholic Church in Prairie Village