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Joel Osteen Financial Scandal?

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Jim Paris Live

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A prominent New York attorney is alleging that Joel Osteen is using his non-profit ministry to promote his for profit books. The upshot of the allegation is that book royalties are paid to Osteen personally, while his 'ministry' foots the bill for his TV broadcasts. According to media reports, Osteen stopped taking his $200,000 salary as pastor of his Houston mega church in 2005. Although this may appear magnanimous on the surface, Osteen is clearly the beneficiary of millions in free advertising through the TV broadcast funded with church dollars. Who knew (according to media reports) that Osteen's reported net worth is now $40 million dollars? Or that he lives in a $10.5 million dollar estate? (six bedrooms, six bathrooms, three elevators, five fireplaces, a guest house and pool house).

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