Peter’s Pence donations are allegedly used for investments in real estate and Hollywood films
Dear Friend of America's Survival,
The United States Conference of Catholic Bishops (USCCB) says the purpose of the Peter's Pence Collection is "to provide the Holy Father with the financial means to respond to those who are suffering as a result of war, oppression, natural disaster, and disease... The Peter's Pence Collection has raised nearly $190 million to support our suffering brothers and sisters around the globe. "
The Peter's Pence financial account was reportedly used to fund Hillary Clinton's campaign in 2016. This revelation was in the book The Dictator Pope. Now the USCCB has been sued for alleged fraudulent use of funds.
The Stanley Law Group has filed suit, stating:
On January 22, 2020, Stanley Law Group filed a class action lawsuit in the United States District Court for the District of Rhode Island against the United States Conference of Catholic Bishops (USCCB) for its role in the fraudulent promotion of Peter’s Pence as a charity to assist individuals throughout the world who have been affected by “war, oppression, natural disaster or disease.” Recent reports have shown as little as 10% of the contributions made to Peter’s Pence are actually used for these stated purposes.
Marc Stanley stated, “It’s regrettable and tragic that such a trusted and well-respected organization has been taking advantage of the generosity of Catholic donors. USCCB must come clean and give back the money it took from well-intentioned people who thought they were giving urgently-needed funds to help the destitute around the world.”
The lawsuit declares:
For years, USCCB has solicited and collected hundreds of millions of dollars in donations from parishioners of Catholic churches throughout Rhode Island and the United States as part of its “Peter’s Pence” collection. USCCB consistently promotes this specific collection as necessary for helping those suffering the effects of war, oppression, natural disaster, or disease throughout the world, and who are thus in need of immediate relief. Regrettably and tragically, only a very small portion of this money—as little as 10%—has found its way to the needy for whom it was given. The rest of the money—hundreds of millions of dollars over the last several years—has been diverted into various suspicious investment funds, which in turn have funneled the money into such diverse ventures as luxury condominium developments and Hollywood movies while paying fund managers hefty, multi-million dollar commissions.
For America's Survival,
2/4/2020 12:49:32 am
This accusation of alleged fraudulent usage of funds and economical sources of Peter's Pence Collection has saddened and infuriated me. These financial means were supposed to help those who are in need.
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