The preachers getting rich from poor Americans

It sounds simple, absurdly so, but Coontz knows his audience extremely well. He broadcasts on Christian cable channels, often late into the night, drawing in viewers who lack financial literacy and are desperate for change.

“I understand the laws that govern insurance, stocks and bonds and all that is involved with Wall Street,” he once said, looking directly into the camera. “God has called me… as a financial deliverer.”