How Jim and Tammy Bakker's religious Ponzi scheme collapsed

The late 1980s offered many great scandals, but for sheer carnivalesque spectacle, nothing beat the televangelists: Oral Roberts (that name!) citing divine extortion, demanded $7 million from his followers so God wouldn’t “call [him] home.” Jimmy Swaggart (Jerry Lee Lewis’ cousin) cruised rural Louisiana for prostitutes.

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