Feds Looking for Georgia Fugitive Who Squandered Millions While Claiming to be a Missionary

Jason Shenk

 By Jessica Eturralde - Posted at Ministry Watch:

Authorities are looking for a Georgia man they allege posed as a missionary and squandered at least half of the $33 million in funding he promised to use to produce and distribute Bibles and Christian literature in China.

According to a federal indictment, authorities accuse Jason Shenk, 45, originally from Dublin, Georgia, of misusing millions of dollars in donations for personal use. A grand jury recently indicted him on 37 counts. The charges include money laundering, wire fraud, and failing to report a foreign bank account.

The indictment says Shenk invested about $1 million of the donations in precious metals and diamonds, contributed $7 million to his family farm, purchased $4 million in 16 life insurance policies under different names, $850,000 in shares of a private U.S. nuclear company, $820,000 in credit card purchases, $320,000 in Chilean real estate, and $1 million in an online sports betting site.

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