Meyka Pro banner
Law and Government

Jim Bakker, PTL Televangelist Convicted of Fraud, Dies at 86

October 7, 2026
05:21 AM
3 min read

Key Points

Jim Bakker, 86, founded The PTL Club with first wife Tammy Faye, which drew 13 million nightly viewers.

Bakker was convicted in 1989 of 24 counts of mail and wire fraud involving Heritage USA theme park.

He received a 45-year sentence but served just over four years in federal prison.

Bakker remarried in 1998 and launched a second TV ministry in 2003 before his death Monday.

Be the first to rate this article

Jim Bakker, the televangelist who built a multimillion-dollar Christian broadcasting empire before being convicted of fraud, died Monday at age 86. His second wife, Lori Bakker, announced his death without disclosing a cause. Bakker’s rise and fall defined an era of American televangelism, from commanding 13 million nightly viewers to serving federal prison time for defrauding followers.

From traveling preacher to TV icon

Bakker was born in Muskegon, Michigan, and met his first wife, Tammy Faye, at North Central Bible College in Minneapolis. They married in 1961, dropped out of college, and began a traveling ministry across churches and tent revivals. Televangelist Pat Robertson noticed them in 1965, and Bakker launched a children’s show on Robertson’s Christian Broadcasting Network. By 1966, he was hosting The 700 Club, a Christian talk show that established his national profile.

Building a multimillion-dollar empire

In 1972, Bakker left Robertson’s network and formed the PTL Satellite Network two years later. The PTL Club, short for Praise the Lord, became the flagship program. At its peak in the mid-1980s, the show drew up to 13 million nightly viewers. The Bakkers built Heritage USA, a 2,300-acre Christian theme park and hotel complex in Fort Mill, South Carolina, employing 2,000 people. They lived lavishly, owning a private jet, multiple homes, luxury cars, and even an air-conditioned dog house.

Sex scandal and fraud conviction

In 1987, Bakker resigned from PTL after a 1980 sexual encounter with Jessica Hahn, a former church secretary, became public. Hahn received a $265,000 payoff from ministry funds, resulting in Bakker being defrocked. Two years later, Bakker was convicted in Charlotte, North Carolina, of 24 counts of mail and wire fraud and conspiracy involving the theme park. He was sentenced to 45 years in prison but served just over four years. Judge Robert Potter told Bakker at sentencing, “Those of us who do have a religion are sick of being saps for money-grubbing preachers and priests.”

A second act and lasting legacy

Bakker remarried in 1998 and launched The Jim Bakker Show in 2003 near Branson, Missouri, with his second wife Lori. He suffered a stroke in 2020. His first wife, Tammy Faye, divorced him in 1992 and was never charged in the fraud scheme. She died in 2007. A 2021 film, The Eyes of Tammy Faye, revisited their story. Their rise and fall inspired comparisons to the fictional corrupt preacher Elmer Gantry, and they were frequently parodied on Saturday Night Live in the 1980s and 1990s.

Final Thoughts

Bakker’s death closes a chapter in American religious broadcasting marked by extraordinary wealth, public scandal, and partial redemption. His conviction shaped how courts and the public viewed televangelism fraud.

FAQs

How much did Jessica Hahn receive in the payoff?

Jessica Hahn, a former church secretary, received $265,000 in ministry funds after a 1980 sexual encounter with Bakker became public in 1987.

How long did Jim Bakker serve in prison?

Bakker was sentenced to 45 years in 1989 but served just over four years before his release.

How many viewers did The PTL Club have at its peak?

The PTL Club drew up to 13 million nightly viewers at its peak in the mid-1980s.

When did Jim Bakker launch his second TV show?

Bakker launched The Jim Bakker Show in 2003 with his second wife, Lori, near Branson, Missouri.

Disclaimer:

The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.

About Author

Author

Huzaifa Zahoor

Co Founder

Huzaifa Zahoor is the engineer who built Meyka. He has spent years writing Python, training AI models, and building data pipelines specifically for financial markets. His technical articles have reached over 30,000 readers on Medium, so he knows how to make complex things easy to follow. If this article touches on how the tools work, he is the person who actually built them.

What brings you to Meyka?

Pick what interests you most and we will get you started.

I'm here to read news

Find more articles like this one

I'm here to research stocks

Ask Meyka Analyst about any stock

I'm here to track my Portfolio

Get daily updates and alerts (coming March 2026)