A former television evangelist who served prison time before starting a church in Chester County was charged Thursday by federal authorities with engaging in a $6.4 million mortgage-fraud scheme.
Michael Wilkerson, 45, is pastor of the New Millennium Life Restoration Fellowship, with centers in Spring City and Phoenixville. He also owned the Agape Development Co., which said it developed real estate.
According to an indictment returned Thursday, Wilkerson recruited several church members and their families to act as "straw" purchasers of houses in Schwenksville and Glenmoore. If they had good credit, and could sign loan documents and pose as home buyers, Wilkerson would pay them $15,000, prosecutors said. He promised them $5,000 more if they corralled other straw purchasers, prosecutors said.