CFO Sink: Racketeering Pastor Faces New Charges after Continuing Crimes behind Bars
FOR IMMEDIATE RELEASE: September 9, 2009
CONTACT: Kyra Jennings or Jennifer Hirst, (850) 413-2842
CFO SINK: RACKETEERING PASTOR FACES NEW CHARGES AFTER CONTINUING CRIMES BEHIND BARS
TALLAHASSEE – Florida CFO Alex Sink today announced that former Jensen Beach Pastor Rodney McGill, who was originally arrested for mortgage fraud in September 2008 after an investigation by CFO Sink’s Division of Insurance Fraud (DIF) and the Office of Financial Regulation (OFR), now faces an additional Grand Theft charge for allegedly continuing his criminal activity while detained in the Martin County Jail.
Rodney McGill and his wife, Shalonda McGill, were also sentenced yesterday to decades behind bars following an elaborate “flipping” fraud scheme in which the couple saddled investors in Martin and St. Lucie counties with more than $1.15 million in fraudulent mortgage loans. Rodney McGill is sentenced to 20 years in prison and 10 years probation, and Shalonda McGill is sentenced to 10 years in prison and 10 years probation. The couple is also responsible for jointly paying nearly $90,000 for investigative costs and almost $1.2 million in restitution fees.
“The McGills used their position in the community to take advantage of people who trusted them — and now they are paying the price,” said CFO Sink. “It is also shocking that Pastor McGill would continue his illegal activity from inside jail, and I commend our investigators’ continued work to expose this mortgage fraud.”
In 2008, DIF and OFR investigators arrested Rodney McGill on charges of Racketeering, Mortgage Fraud and Grand Theft when it was discovered that he and his wife used their influence in the community to prey upon prospective investors; Rodney and Shalonda McGill were convicted on July 23, 2009. During a seven day jury trial in the St. Lucie County Circuit Court, it was proved that the McGills saddled investors with more than $1.15 million in mortgage loans by “flipping” properties in Martin and St. Lucie Counties and then selling the homes using fraudulent loan applications.
Additional investigations by DIF and OFR recently revealed that McGill continued to prey on innocent people despite being behind bars. In late December 2008, McGill allegedly made contact with a new victim to discuss financial assistance to refinance a church: the victim was led to believe that she would invest $40,000 with the promise of a $50,000 repayment within 10 days or less. The victim was unaware that McGill was talking to her from the Martin County Jail because he used a third party to make the phone calls. Because of his continued criminal activity, Rodney McGill was charged with Grand Theft yesterday in an action unrelated to the sentencing.
Anyone with new information about the McGill case is asked to contact DIF Detective Ted Padich at (561) 837-5635. The Division of Insurance Fraud made over 800 insurance fraud-related arrests in the last fiscal year, and investigates various forms of insurance fraud, including health, life, auto, property and workers’ compensation insurance. Depending on the estimated loss amount, DIF will pay up to $25,000 for information directly leading to an arrest and conviction. Anyone with information about suspected insurance fraud is asked to call CFO Sink’s Fraud Fighters Hotline at 1-800-378-0445 or visit to www.MyFloridaCFO.com/fraud