Adventist Today Article about the IRS Investigation
Posted: Thu Jul 31, 2008 4:41 pm America/Denver
AToday subscribers can access the article on the Adventist Today website at the following link:
http://www.atoday.com/content/3abn-exon ... estigation
The article reads as follows:
http://www.atoday.com/content/3abn-exon ... estigation
The article reads as follows:
3ABN EXONERATED BY IRS INVESTIGATION
Posted July 29th, 2008 by Marcel Schwantes
Adventist Today is in receipt of a letter which addresses a topic which has been of interest to a number of our readers about the on-going story of the 3ABN ministry. We are attaching this letter (in PDF below) that was recently posted publicly on the 3Atalk forum.
Gerald Duffy, an attorney for 3ABN, writes the letter to 3ABN Chairman, Dr. Walter Thompson regarding the nine-month IRS investigation which reviewed all the financial records of 3ABN between 2000-2006.
It appears that, for now, 3ABN and Danny Shelton have been cleared from allegations of financial wrongdoing.
Here are excerpts from the attorney's letter, which you can read by clicking on the link below:
"The offer by the investigating agencies to destroy all of the copies produced brings closure to the investigation in a manner favorable to 3ABN and Danny Shelton. Contrary to statements being made by enemies of 3ABN and Danny Shelton's ministry, no adverse actions either civil or otherwise have resulted from the inquiry."
An announcement was also made by 3ABN president, Jim Gilley, on a live broadcast of a 3ABN program a few weeks ago. Gilley states on the program that "our attorneys called with the very good news that the investigation was now complete. it was over. That is right. We were found to not have any adjustments which needed to be made. There were no penalties put upon us, nor on Danny Shelton. We were all found to be totally square and above board."
Read the entire letter