18 Oct 2011

Church Leaders Charged With Embezzlement and Money Laundering

São Paulo’s Public Prosecutor filed yesterday charges of embezzlement and money laundering against three leaders of the Universal Church of the Kingdom of God, one of Brazil’s most prominent evangelical churches. According to the accusation, they have laundered and used for private purposes hundreds of millions obtained through donations by church followers.

The prosecution claims that the accused used offshore bank accounts in the Cayman Islands and Jersey to channel the money out of country. The Universal Church of the Kingdom of God is known for its association with important media outlets in Brazil and its ostentatious temples.

For the full story on guardian.co.uk, please click here. The picture above is from panoramio.com.