The Florida preacher who is soliciting donations to start a religious college in Poultney went bankrupt in 2010 and recently had his nonprofit status terminated by the Internal Revenue Service.
Tommie Zito says he has the cash needed to finalize a deal to purchase the former Green Mountain College campus from whiskey baron Raj Bhatka. But publicly available records provide reasons to question whether he has the means to launch and oversee a multimillion-dollar institution with 1,000 students.
In an interview at the campus, where he is holding a weeklong series of events for supporters, Zito said he is waiting to close the sale so he and those working with him have time to get more organized. Neither Zito nor Bhakta has disclosed the purchase price…