On October 6, 1989, Jim Bakker, founder of the PTL (for "Praise The Lord" and "People That Love") Ministry and on-air PTL and 700 Clubs, became the first television evangelist in the history of the United States to be convicted of federal crimes, in Charlotte, NC.

Bakker and his wife, Tammy Faye, preached their version of living the just and righteous life and adhering to Fundamentalist Christian tenets on the television...and made a mint doing it.

Convicted on all 24 charges against him, Bakker was sent to prison for conning true believers out of $158,000,000, following a trial that lasted six weeks. He spent $3,700,000 of that money living the High Life, amassing a fleet of luxury cars, and buying things like a dog house complete with air conditioning.

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