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Retired ministers sued over pensions in Nashville-based AME Church, which then turned around and sued its former retirement services director.

The African Methodist Episcopal Church has sued a former executive who oversaw its pension plan’s investment portfolio, charging that he and others embezzled money and defrauded AME clergy and church employees who were relying on its annuity plan for their retirement. The legal action follows the filing of class action suits that alleged the church mishandled the pension

(RNS) — After an independent investigation, the denomination concluded that Harris deposited funds from the plan into his personal checking account.

By Victor Omondi The African Methodist Episcopal Church (AME), a predominantly Black church, is facing two lawsuits alleging that the global denomination’s retirement fund was mismanaged. According to the claims, the Nashville-based church misappropriated $90 million in retirement funds intended for thousands of pastors and other church retirees. AME is the first African-American Protestant denomination. […]

Predominantly Black church African Methodist Episcopal Church (AME) is embroiled in two lawsuits that allege that the global denomination’s retirement