Wednesday, May 21, 2008

BREAKING NEWS: SEC sues Washington Archdiocese's CFO for alleged fraud while at AOL

J. Michael Kelly, chief financial officer of the Archdiocese of Washington, is among eight former America Online executives who have been named in civil lawsuits filed by the Securities and Exchange Commission in connection with an alleged accounting scheme that inflated the company's reported advertising revenues.

For more, CNS.

Yesterday, someone posted a comment about this but I was unable to confirm it (could not find anything that stated that he was the CFO of Archdiocese of Washington) which is why I did not post the story yesterday. Therefore, to ANON, I thank you but I hope that you understand that I needed to find something that stated the above, and was unable to do so.


Anonymous said...
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Anonymous said...

Well, at least he hasn't been charged with child molestation. In this case, the church may actually take action.