'Bling Bishop' busted on fraud and extortion charges

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'Bling Bishop' busted on fraud and extortion charges
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A Brooklyn preacher, known as the so-called Bling Bishop due to his opulent lifestyle has been indicted for allegedly defrauding a parishioner out of her retirement savings and other charges.

A Brooklyn preacher, known as the so-called Bling Bishop due to his opulent lifestyle, has been indicted for allegedly defrauding one of his parishioners out of part of her retirement savings.

Authorities claim that Whitehead convinced one of his parishioners to invest approximately $90,000 of her retirement savings with him but instead spent the investment on luxury goods and other personal purposes.They also say that he extorted a businessman for $5,000, then attempted to convince the same businessman to lend him $500,000 and give him a stake in certain real estate transactions in return for favorable actions from the New York City government.

Whitehead, 45, is charged with two counts of wire fraud, each of which carries a maximum sentence of 20 years in prison; one count of extortion, which carries a maximum sentence of 20 years in prison; and one count of making material false statements, which carries a maximum sentence of five years in prison.

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