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The African Methodist Episcopal Church has sued a former executive who oversaw its pension plan’s investment portfolio, charging that he and others embezzled money and defrauded AME clergy and church employees who were relying on its annuity plan for their retirement. The legal action follows the filing of class action suits that alleged the church mishandled the pension
The African Methodist Episcopal Church is suing the former head of its retirement service and 10 other individuals and entities, alleging a sophisticated scheme to defraud millions from the retirement funds of its pastors.
The African Methodist Episcopal Church is suing the former head of its retirement service and 10 other individuals and entities, alleging a sophisticated scheme to defraud millions from the retirement funds of its pastors.