AME Church will no longer allow ‘one person to count the money’ after nearly $100M goes missing

A retired minister has filed a class-action lawsuit against the African Methodist Episcopal Church after nearly $100 million has gone missing from the church's retirement fund after "foolish" investments, forcing the denomination to freeze plan funds and distributions as it investigates the matter with the help of federal agencies.

AME Church will no longer allow ‘one person to count the money’ after nearly $100M goes missing
A retired minister has filed a class-action lawsuit against the African Methodist Episcopal Church after nearly $100 million has gone missing from the church's retirement fund after "foolish" investments, forcing the denomination to freeze plan funds and distributions as it investigates the matter with the help of federal agencies.