Keeping Up with the Times
Until the 1960s, perhaps into the 1970s, churches were rather slow to pick up on new ideas, particularly in regard to technology. (If you have a hard time believing this, think back to the first time...
View ArticleFull Disclosure Financial Statements
Another practice of many churches plays right into one of a fraudster’s strengths, the ability to withhold information. Perhaps in an attempt to avoid interminably long finance committee meetings...
View ArticleAwareness of ALL Sources of Revenue
Any discussion of church tithes and offerings practices usually includes both a pat on the back and a criticism. First, in regard to the normal Sunday offerings I can say to most churches, “Way to...
View ArticleChurch CFO takes church for nearly $500k!
Having a church CFO or business administrator that can do everything can be a real blessing. The downside is if there aren’t proper checks and balances in place, he may decide to use that power to...
View ArticleWho’s kingdom are pastors building?
An Indianapolis pastor admitted to misusing $500k loaned to local Church for a building project that was never built. See original story here. Story obtained from News 6 – The Indy Channel.
View ArticleCould an Elderly Person take my Church for $1.5 mil?
Who would ever think that an elderly Church Secretary would steal from her Church? A simple routine review of the bank statement and reconciliation by an independent party may have prevented this...
View ArticleWho’s Looking Over Your Shoulder?!
Who’s looking after your Church’s financial personnel? Are the necessary checks in place to, if not prevent fraud, catch it quickly? $51,000 may not be much to lose if you’re at a mega-church, but to a...
View Article67 Year-Old Man’s 54 Year Sentence Upheld
In Indianapolis today, the courts upheld a man’s 54-year sentence for pocketing millions intended for the construction of churches. This man defrauded nearly 3,000 people. Read the full article here....
View Article$1.5 Million?
How does one get away with stealing $1.5 million? This Organization’s Financial Officer stole over a period of seven years. Obviously, adequate controls were lacking at some level in this organization....
View ArticleTwo Million to the wrong place?
This Florida church is accused of “mishandling” donor’s contributions– two million dollars worth! Read the article here. This is a sobering reminder that, just because an organization is a Church does...
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