Word: taggarts
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...ministry was charged with 24 counts of fraud and conspiracy. His wife and co-star Tammy Faye, televangelism's dolled-up super- shopper, escaped by an eyelash, but three associates were also charged: PTL's former No. 2 administrator, Richard Dortch, and Bakker aides David and James Taggart...
News Editor for This Issue: Brooke A. Masters '89 Night Editors: David J. Barron '89 Noam S. Cohen '89 Mark M. Colodny '89 Ross G. Forman '90 Benjamin R. Miller '89 Eric S. Solowey '91 Lisa A. Taggart '91 City/State Editors: Martha A. Bridegam '89 Ross G. Forman '90 Editorial Editor: Laurie M. Grossman '89 Photo Editor: Anh T. Nguyen-Huynh '90 Sports Editor: Michael J. Lartigue '89 Copy Editor: Rebecca L. Walkowitz '92 Business Editor: Henry Sicignano...
...more than $2.4 million was paid out of a single confidential executive checking account handled by the Charlotte office of Laventhol & Horwath, PTL's auditors. Almost $1.4 million in compensation went to the Bakkers and top executives from the account during the first four months of 1987. Aide David Taggart received 1987 cash advances of $111,000 and bonuses of $225,000. Payments totaling $128,000 were made last year to James Taggart, brother of David, who ran an interior-decorating firm...
...hotel at Fort Mill -- a project now in suspension -- but only $11 million was allotted to construction. The Bakkers have drawn salaries and bonuses of $4.8 million since 1984; they and top aides also picked up $640,000 in unexplained cash advances. One Bakker friend, James Taggart, got $120,000 a year to decorate Tammy and Jim's residences. Peter Teeley, Vice President George Bush's former press secretary, received $120,000 as a consultant...
...arrangement on the books and records that Tammy and Jim produced at PTL will be negotiated. In addition, the board ousted Bakker's former top aide, Richard Dortch, who had succeeded Bakker as PTL leader and received $620,000 over the past 15 months. Also sacked: Bakker Aide David Taggart, who had been paid $710,000 since January...