Purpose of Website:
This website was designed to provide publicly available information about Marlon Gary Hibbert (also known as Gary Hibbert, Pastor Gary Hibbert and Gary Mwentin Hibbert) and the fraud he has perpetrated on over 200 investors. You will be able to find newspaper articles, videos, and rulings for the OSC (Ontario Securities Commission.
As of September 27, 2012 Marlon Gary Hibbert (and his companies and non-profit organization(s)) have been convicted of fraud and other securities violations by the OSC. Further, Marlon Gary Hibbert (and his companies and non-profit organization(s)) have been convicted of fraud in a civil lawsuit in May 2012.
We want to make sure that other people are not defrauded of their money by this self-proclaimed “man of god”. If he comes asking you or your family for money, keep your hands on your wallets or purses!!
What Marlon Gary Hibbert says about himself:
Rev. Gary Hibbert has founded Fight for Justice, located in Toronto Canada, whose mandate is to bring about economic equality that has been denied so many of us, so that we can eliminate poverty from our communities. Marlon says, “Why should you become a Partner For Justice and an Advocate for Justice?” By becoming a Partner For Justice your will help us to fund, the vision of Fight For Justice and as an Advocate for Justice you will help give us the people power to promote changes in economic policies which will help eliminate poverty.
Rev. Gary Hibbert, with his wife Rev. Shelley Hibbert have also founded The Life Centre, located in Toronto, Canada, whose mandate is to fight for justice through faith to turn unrighteousness into righteousness, injustice into justice, poverty into prosperity, ghettos into gardens, projects into paradise, as we address the financial, health and spiritual needs of those who are addicted, living in poverty, sick, fearful, imprisoned and homeless.
What he has actually done:
Pastor ordered to pay $5.6 million in penalties for fraud
Business Reporter | Published on Thursday September 27, 2012
The Ontario Securities Commission has ordered Scarborough pastor Marlon Gary Hibbert to repay millions of dollars, after bilking parishioners in a “vile” investment scam.
Hibbert acted both as minister and investment advisor for his flock.
“In 32 years, I have never encountered a more vile, more heinous fraud than that perpetrated by Hibbert on his unsuspecting parishioners,” OSC adjudicator James D. Carnwath wrote in his decision, released Thursday.
“Persons like Hibbert who enjoy the trust and confidence of others must be deterred from acting as Hibbert has.”
Members of the congregation lost their life savings and homes after entrusting their money to Hibbert.
Carnwath ordered Hibbert, the founder of Dominion World Outreach Ministries, to pay a total of $5.6 million to the commission.
That includes $4.67 million in investors’ money, which could be returned to investors. It also includes a $750,000 penalty and $200,000 in costs. The ruling says he has returned $3.7 million to investors.
Hibbert was more than a pastor. He operated a string of investment companies that raised $8.4 million from his flock, promising them high returns on their money.
At one point he made a video for one of his companies, Power to Create Wealth Inc., promising investors an annual return of 79.4 per cent.
Scam artist pastor’s followers get minor payback after being bilked of more than $8.2 million
Mr. Hibbert was the pastor and founder of Dominion World Outreach Ministries in Toronto and a founder of Fight For Justice, an organization devoted to bettering the lives of the African-Canadian community.
Benefiting from the blanket of trust his positions draped over him, Mr. Hibbert bilked investors out of more than $8.2-million.
The OSC found that Hibbert did reward himself, funneling $673,000 to himself and his wife Verna, and another $483,848 to charities run by him or family members.
On Thursday, his victims won a moral victory through a judge’s order that Mr. Hibbert pay his victims almost $100,000 in legal fees, their cost in bringing a civil suit against him that prompted an Ontario Superior Court judge to declare him a liar, fraudster and cheat.
Mr. Hibbert then signed a contract promising he “personally would guarantee the principal amount and the interest payment,” court documents say.
Former clients wept during testimony at the Ontario court and at the Ontario Securities Commission as they spoke of their hardship from losing their savings.
One woman invested to provide security for her children, one who is blind and autistic and the second merely blind. Another woman lost her house, moved into a rental apartment with her three children and took on a second job to pay her bills.
A victim was a fellow pastor with a religious prison ministry; he was satisfied with the promises he heard because Mr. Hibbert was a “man of God,” he testified. Another victim was an assistant pastor in Mr. Hibbert’s church.
“No evidence was produced by him to indicate that any investments were even made, never mind whether they ever made a profit,” Justice Arrell said in his ruling.
Mr. Hibbert used much of the money for his own use, for his wife, to lease expensive cars and make donations to charities he was closely tied to and, in some cases, paid by.
“As a result of his actions the plaintiffs lost all they invested with him,” Judge Arrell said.
According to the Ontario Securities Commission, the total loss by more than 200 investors was $8.2-million in principle and more than $13-million in promised interest.
It is uncertain, however, when and how the victims might recoup their losses: One of the few assets Mr. Hibbert had — the fancy house guarded by stone lions — was secretly sold during the hearing.
While Judge Arrell had earlier concluded that Mr. Hibbert’s wife, Verna (aka – Pastor Shelly Hibbert), was not part of the swindle, he was dismayed she sold the house in the midst of the court battle.
“It is significant to this court that it learned after the trial that during it she listed and sold the home in question,” wrote Judge Arrell in Thursday’s ruling. “Such conduct is outrageous and worthy of sanction. The fraudulent conveyance was a significant and important part of this litigation as the only remaining asset of the defendants would appear to be this house.”
Because of it, Mrs. Hibbert ( Pastor Shelly Hibbert) was ordered responsible for paying 25% of the legal fees spent on chasing her husband down.
What is Fraud?