The pastor of a Houston megachurch and former spiritual adviser to both Presidents Barack Obama and George W. Bush will turn himself in Monday on charges of taking millions from investors in a Chinese bond scheme, reports ABC News.
The Rev. Kirbyjon Caldwell was expected to go before a magistrate judge at the U.S. Attorney’s office in Shreveport, La., said his attorney Dan Cogdell.
“The surrender date will be arranged on Monday,” Cogdell told ABC News. “Rev. Caldwell and I will travel to Shreveport and seek a bond from the judge, which I believe the government will agree to.”
Monday’s move is tied to a 13-count indictment that accuses Caldwell, 64, and his business partner, Gregory Smith, 55, with wire fraud and conspiracy to commit money laundering while raising about $3.5 million in Historical Chinese bonds from 29 investors in 2013 and 2014.