Stories tagged with: embezzlementFound 3 stories matching your search criteria.
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Former Houston's First minister admits embezzlementHOUSTON (BP) -- A former pastoral staff member at Houston's First Baptist Church has admitted to embezzling more than $800,000 from the congregation, according to media reports.
Jerrell Altic, 40, was indicted Dec. 10 for first degree felony theft of more than $800,000 from 2011-17, Houston's First said in a statement by pastor Gregg Matte and deacon chairman Craig Bloodworth. Altic surrendered to law enforcement today (Dec. 11) and has "admitted fully to the offense," his attorney James Alston said according to The Houston Chronicle.
Altic is "working with the church, he's trying to make amends for everything that he possibly can," Alston said, adding, "He feels horrible for what has happened and the pain that it's caused everyone at the church, and his family members and friends. He would want me to tell everyone that he's sorry." Read More
Embezzlement ordeal leaves church 'anxious to move on'HANNIBAL, Mo. (BP) -- Days before its former treasurer faces arraignment in the alleged embezzlement of more than $300,000 from the congregation, Antioch Baptist Church remains focused on ministry, pastor Jack Emmite told Baptist Press today (March 16).
[We're] just anxious to move on with what the Lord has for us to be doing," Emmite said. "We're trying to just stay focused on doing ministry right now."
Donald R. White, 68, of Hannibal was arrested March 9 on two federal counts of wire fraud "in connection with the theft of monies in excess of $300,000 dollars from the parishioners of the Antioch Baptist Church," the Ralls County Sheriff Gerry Dinwiddie announced in a press release. White was transferred to St. Louis for incarceration, the sheriff said. Read More
Study: the church, money & embezzlementNASHVILLE (BP) -- With churches and other faith groups collecting tens of billions of donations each year, some of the money unfortunately goes missing.
About 1 in 10 Protestant churches has had someone embezzle funds, according to a survey released today (Aug. 3) of 1,000 Protestant senior pastors from LifeWay Research. The group conducted the survey Aug. 22–Sept. 16, 2016.
That figure isn't surprising, said Scott McConnell, executive director of LifeWay Research. Most churches rely on volunteers to handle their finances, he said. Read More