‘There May Be Nothing Left’: AME Church Embroiled In Federal Investigation Over Alleged Mishandling of $90M In Retirement Funds
Predominantly Black church African Methodist Episcopal Church (AME) is embroiled in two lawsuits that allege that the global denomination’s retirement fund was mishandled. The lawsuits claim the Nashville-based church squandered $90 million in retirement fund investments meant for thousands of pastors and other church retirees. CHARLESTON, USA – JUNE 26: Reverend John Richard Bryant speaks…
