HOUSTON — Prominent Houston Pastor Kirbyjon Caldwell is facing five to seven years in prison after pleading guilty Wednesday to fraud charges.
Caldwell, the 66-yeear-old pastor of Windsor Village United Methodist Church, admitted in a Louisiana court that he aided his investment adviser, Gregory A. Smith, in conspiracy to commit wire fraud. Smith pleaded guilty to the same charges on July 23, 2019.
Documents show Caldwell duped elderly investors out of millions, which he used to maintain a high-profile lifestyle.
According to the indictment, Caldwell and Smith encouraged 29 victims to invest about $3.5 million in historical Chinese bonds between April 2013 and August 2014. They informed the investors they could see returns as high as 15 times their initial investment, but the bonds were actually worthless.
The bonds were from the former Republic of China and only existed prior to communist takeover in 1949. The Securities and Exchange Commission considers the bonds “collectible memorabilia.”
The investors, believing in the pastor, wired funds to his bank accounts, and the money was divided between Caldwell, Smith and a few others.
The money was used for lavish goods, including vacation homes, mortgages, luxury vehicles, etc. The investors were given excuses when inquiring about their lack of profits.
“These defendants used their positions as religious leaders and investment advisers to defraud Louisiana residents – many of whom are elderly and retired. In doing so, the defendants abused the trust and respect of their victims for the sole purpose of stealing their money,” said U.S. Attorney David C. Joseph. “This type of deceit can be devastating for victims, especially when life savings are lost. My office will continue to vigorously prosecute those who use confidence schemes to prey upon the elderly and people of faith.”
Throughout the trial, Caldwell has continued to serve in his role as senior pastor at Windsor Village UMC, a megachurch with more than 15,000 members. He is famously known for his relationship with presidents; being a trusted friend of President Barack Obama and even conducting the benediction at President George Bush’s 2001 inauguration.
Caldwell also faces a fine of up to 250,000, and up to three years of supervised release. Caldwell has begun paying restitution, but still has at least another $2 million remaining owed to his victims. Caldwell’s sentencing is scheduled for July 22.
Search our archive of past issues Receive our Latest Updates
October 16, 2023, HOUSTON, TX – Congressional Candidate Amanda Edwards has raised over $1 million in less than 4 months, a substantial sum that helps bolster the frontrunner status of the former At-Large Houston City Council Member in her bid for U.S. Congress. Edwards raised over $433,000 in Q3 of 2023. This strong Q3 report expands on a successful Q2 where Edwards announced just 11 days after declaring her candidacy that she had raised over $600,000. With over $829,000 in cash-on-hand at the end of the September 30th financial reporting period, Edwards proves again that she is the clear frontrunner in the race. “I am beyond grateful for the strong outpouring of support that will help me to win this race and serve the incredible people of the 18th Congressional District,” said Edwards. “We are at a critical juncture in our nation’s trajectory, and we need to send servant leaders to Congress who can deliver the results the community deserves. The strong support from our supporters will help us to cultivate an 18th Congressional District where everyone in it can thrive.” Edwards said. “Amanda understands the challenges that the hard-working folks of the 18th Congressional District face because she has never lost sight of who she is or where she comes from; she was born and raised right here in the 18th Congressional District of Houston,” said Kathryn McNiel, spokesperson for Edwards’ campaign. Edwards has been endorsed by Higher Heights PAC, Collective PAC, Krimson PAC, and the Brady PAC. She has also been supported by Beto O’Rourke, among many others. About Amanda: Amanda is a native Houstonian, attorney and former At-Large Houston City Council Member. Amanda is a graduate of Eisenhower High School in Aldine ISD. Edwards earned a B.A. from Emory University and a J.D. from Harvard Law School. Edwards practiced law at Vinson & Elkins LLP and Bracewell LLP before entering public service. Edwards is a life-long member of St. Monica Catholic Church in Acres Homes. For more information, please visit www.edwardsforhouston.com
As September 13th rolls around, we extend our warmest birthday wishes to the creative powerhouse, Tyler Perry, a man whose indomitable spirit and groundbreaking work have left an indelible mark on the world of entertainment. With his multifaceted talents as an actor, playwright, screenwriter, producer, and director, Tyler Perry has not only entertained but also inspired audiences worldwide, particularly within the African-American community, where his influence and role have been nothing short of powerful. Born in New Orleans, Louisiana, in 1969, Tyler Perry’s journey to stardom was a path riddled with adversity. Raised in a turbulent household, he found refuge in writing, using it as a therapeutic outlet. This period of introspection gave rise to one of his most iconic creations, Madea, a vivacious, no-nonsense grandmother who would later become a beloved figure in Perry’s works, offering a unique blend of humor and profound life lessons. Despite facing numerous challenges, including rejection and financial struggles, Perry’s determination and unwavering belief in his abilities propelled him forward. In 1992, he staged his first play, “I Know I’ve Been Changed,” which, although met with limited success, was a pivotal moment in his career. Unfazed by initial setbacks, Perry continued to hone his craft, and by 1998, he had successfully produced a string of stage plays that showcased his storytelling prowess.
Calling all teenage student-athletes! If you have dreams of playing college soccer and wish to represent an HBCU, the HBCU ID Camp is your golden opportunity. From 8 am to 5 pm on November 11-12, Houston Sports Park will transform into a hub for aspiring male and female soccer players. Coaches from HBCUs across the nation will be present to evaluate, scout, and offer valuable feedback. Moreover, they might even spot the next soccer prodigy to join their collegiate soccer programs. This camp is not just about honing your soccer skills but also a chance to connect with the HBCU soccer community. You’ll learn the ins and outs of what it takes to excel on the field and in the classroom, which is crucial for a college athlete. The HBCU ID Camp is an excellent platform to network with coaches, learn from experienced athletes, and take the first steps toward your college soccer journey. To secure your spot at this incredible event, don’t forget to register [here](insert registration link). Space is limited to 120 participants, so make sure to reserve your place before it’s too late. It’s time to turn your dreams of playing college soccer into a reality.