Posts Tagged collection embezzlement

Bookkeeper denies theft as U.S. church struggles with money controls / Associated Press on Cruxnow.com

A bookkeeper has pleaded not guilty to charges that she stole nearly $200,000 from a Catholic church and school in Albert Lea, marking the latest incident suggesting to some observers a problem with lax financial controls in American Catholicism …

“The latest charge of shoddy financial controls comes against the backdrop of a 2006 study by Villanova University, which found that 85 percent of dioceses in the United States had experienced some form of embezzlement within the previous five years, mostly at the parish level …

“A retired U.S. Postal Service inspector and lifelong Catholic named Michael W. Ryan has examined money management in the Church in the United States. His estimate is that Catholic parishes in the the country may lose as much as $90 million annually due to inadequate controls over the collection plate.”

By Associated Press on Cruxnow.com — Click here to read the rest of this story.

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Financial misconduct in parishes is all too common / Cruxnow.com

Behind the sensational headlines about a New York priest (Rev. Peter Miqueli) accused of pilfering church coffers to pay for an extravagant lifestyle – “Priest paid his male ‘sex master’ from collection plate: lawsuit,” as the New York Post put it — is the surprisingly common accusation of a trusted employee or volunteer stealing cash from a parish …

“Miqueli’s case is tailor made for tabloid coverage, but it’s hardly unique. This year alone, a number of high-profile embezzlement cases involving Catholic institutions have been made public. While the reporting to civil authorities has increased, resulting in more publicity about such cases, one thing hasn’t changed: Pastors are too trusting and unwilling to implement strict financial controls.”

By Michael O’Loughlin, Cruxnow.com — Click here to read the rest of this story.

Voice of the Faithful’s Financial Accountability & Transparency Working Group’s long-time efforts in this area at the diocese and parish levels can be reviewed at votf.org under Programs/Financial Accountability.

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