Cease and desist order issued 12-20-2010

A CEASE AND DESIST ORDER HAS BEEN ISSUED BY THE SECRETARY OF STATE TO A MOUND BAYOU CHURCH  AS WABG FIRST REPORTED FRIDAY, SECRETARY OF STATE DELBERT HOSEMANN, ISSUED THE ORDER AGAINST THE LAMPTON STREET CHURCH OF CHRIST, AND IT'S PASTOR, HARVEY M. JACKSON. JACKSON IS ACCUSED OF SWINDLING NUMEROUS MEMBERS OF HIS CONGREGATION OUT OF THOUSANDS OF DOLLARS IN AN INVESTMENT SCAM. THE ORGANIZATION AND IT'S LEADER WERE FOUND TO HAVE VIOLATED THE MISSISSIPPI SECURITIES ACT AND HAVE BEEN ORDERED TO PAY AN ADMINISTRATIVE PENALTY OF $50,000 PLUS AN ADDITIONAL $4,954 FOR COSTS ASSOCIATED WITH THE INVESTIGATION.