PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V9 2006 INDEX       E-SYLUM ARCHIVE




The E-Sylum:  Volume 9, Number 41, October 8, 2006, Article 28

EMBEZZELING PRIESTS INVEST IN RARE COINS

Two embezzling Miami priests invested part of their take in rare
coins, according to a Reuters report published Saturday:

"Two Roman Catholic priests allegedly misappropriated more than
$8 million from their church and spent hundreds of thousands of
dollars on real estate, travel, rare coins and girlfriends, police
in Florida said on Friday.

The retired priests were accused of skimming cash from collection
plates and bequests to the St. Vincent Ferrer Catholic Church in
Delray Beach, Florida, over a period of years and channeling the
money into secret "slush funds" they used to pay personal bills,
Delray Beach police said."

"According to a police affidavit, Skehan invested heavily in
rare coins, once buying $275,000 worth in a single day."

To read the complete article, see: Full Story

  Wayne Homren, Editor

Google
 
coinbooks.org Web
The Numismatic Bibliomania Society is a non-profit organization 
promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor 
at this address: whomren@coinlibrary.com

To subscribe go to: https://my.binhost.com/lists/listinfo/esylum
Copyright © 2005 The Numismatic Bibliomania Society.

PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V9 2006 INDEX       E-SYLUM ARCHIVE


Copyright © 1998 - 2020 The Numismatic Bibliomania Society (NBS)
All Rights Reserved.

NBS Home Page
Contact the NBS webmaster