Island AME pastors closely watching US legal action over pensions royalgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from royalgazette.com Daily Mail and Mail on Sunday newspapers.
Pastors have filed at least three federal lawsuits in recent weeks against the African Methodist Episcopal Church along with several subsidiaries and financial firms the church used, alleging tens of millions of dollars from a pension fund were mismanaged and missing.
By Victor Omondi The African Methodist Episcopal Church (AME), a predominantly Black church, is facing two lawsuits alleging that the global denomination’s retirement fund was mismanaged. According to the claims, the Nashville-based church misappropriated $90 million in retirement funds intended for thousands of pastors and other church retirees. AME is the first African-American Protestant denomination. […]
Pastors have filed at least three federal lawsuits in recent weeks against the African Methodist Episcopal Church along with several subsidiaries and financial firms the church used, alleging tens of millions of dollars from a pension fund were mismanaged and missing.
Pastors have filed at least three federal lawsuits in recent weeks against the African Methodist Episcopal Church along with several subsidiaries and financial.