Joseph Coleman

Joseph Coleman was a pastor and strong supporter of William Branham, and a close associate of Pat Tyler. In 2010 Coleman's son Joseph Jonathan Coleman pled guilty to a securities fraud scheme that involved several ranking members of Coleman's church.  Coleman was a leader of the Seven Thunders splinter group of the "Message" cult, and deeply involved with Branham's sons and son-in-law George Smith.  It was Coleman who dedicated the opening of the Den, the museum in Tucson.

By their guilty pleas, the defendants, all of whom held leadership positions in a Forest Hills church, admitted to their roles in a securities fraud scheme that involved two hedge funds, the Logos MultiStrategy I, LP, and the Donum Fund, LP, which Jadis Capital created in February 2005 and August 2005, respectively. The defendants admitted that they conspired to market the hedge funds to prospective investors, including numerous members of their own church, employing material misrepresentations and omissions contained in private placement memoranda and other marketing materials concerning the management, supervision, and historical and expected trading performance of the funds. In total, the defendants collected approximately $9.3 million in investments in the Logos Fund and approximately $3 million in investments in the Donum Fund. Rather than using the investors’ capital to support the two funds, the defendants used the vast majority of investor money to purchase lavish gifts for their friends and themselves, including a $200,000 Bentley automobile used by Ovid and others; to pay the inflated operating and payroll expenses of Jadis Capital, including an approximate $1.6 million renovation of the Uniondale offices; and to satisfy debts that Ovid incurred before starting Jadis Capital. In September 2005, the defendants, without disclosing the misappropriation of investor funds and extremely poor trading performance of the Logos Fund, fraudulently solicited and accepted a $3,000,000 investment from another victim for the Donum Fund. In total, the defendants collected approximately $12.3