How Jerry Falwell Jr. mixed his personal finances with his university's - 2020-09-04
WASHINGTON (Reuters) - After parting ways with President Jerry Falwell Jr in the wake of personal scandals, Liberty University has hired a firm to investigate "all facets" of Falwell's tenure, including the school's financial and real estate operations.
Falwell, who took over as president of Liberty in 2007 after years as a lawyer handling its real estate interests, intertwined his personal finances with those of the evangelical Christian university founded by his father.
He put his two sons - and their wives as well - on the university's payroll. He arranged the transfer of a multi-acre Liberty facility to his personal trainer. He enlisted a friend's construction company to manage an ambitious campus expansion costing hundreds of millions of dollars.