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Article Category: 2006 December
Catholics report embezzlements
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Article originally prepared on : 30 December 2006
http://www.chicagotribune.com/news/local/chicago/chi-0612290287
dec29,1,3507823.story?coll=chi-newslocalchicago-hed&ctrack=1&cset=true
Catholics report embezzlements
VILLANOVA, Pa. -- An overwhelming majority of respondents in a study offinancial controls in U.S. Roman Catholic dioceses reported cases ofembezzlement in the last five years.
Eighty-five percent of the diocesan administrators who took part in thereview told Villanova University researchers that internal thefts hadbeen uncovered in their dioceses.
The report, written by Villanovaprofessors Charles Zech and Robert West and supported by a grant fromthe Louisville Institute, did not include an estimate of the moneylost. But 11 percent of respondents said total embezzlements in thelast five years exceeded $500,000, while 29 percent reported cases ofless than $50,000.
In nearly all of the cases, police reports were filed, the survey found.
Zech and West undertook the study in response to the clergy sex-abusecrisis, which brought pressure on bishops to disclose how much they hadpaid in abuse-related costs and to be more open about diocesan finances.
Forty-five percent of the more than 170 U.S. dioceses responded toquestions for the report, which was released Dec. 13. The authorsrecommended dioceses establish fraud policies, conduct annual audits ofparishes and establish a uniform budgeting process that usesstandardized software.
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