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  Embezzlement Widespread at Dioceses, Study Finds

By Peter Panepento
The Chronicle of Philanthropy
July 19, 2007

http://www.philanthropy.com/premium/articles/v19/i07/07003203.htm

Employees or volunteers have embezzled from many Catholic dioceses in recent years, a new study of nearly 80 Catholic dioceses has found.

The study, conducted by Villanova University in Philadelphia and paid for by the Louisville Institute, is based on data provided by 78 chief financial officers, representing about half the nation's dioceses. Among the respondents, 66 reported embezzlements from 2000 to 2005, with seven reporting that their diocese had been bilked $500,000 or more.

The thefts result largely from a lack of appropriate financial controls, according to the researchers. Lax controls, coupled with the fact that church collection plates include large amounts of cash, produce ideal conditions for embezzlement, they say.

Contact: Peter Panepento peter.panepento@philanthropy.com

 
 

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