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Ex-Priest Pleads Guilty in Fraud Case
Sep 12, 9:58 PM (ET)
By JOHN CHRISTOFFERSEN
NEW HAVEN, Conn. (AP) - A former priest pleaded guilty Wednesday to stealing hundreds of thousands of dollars from his church by setting up secret bank accounts to pay for a life of luxury, including traveling around the world and buying a condominium.
The Rev. Michael Jude Fay, who resigned last year as pastor of St. John Roman Catholic Church, pleaded guilty to interstate transportation of money obtained by fraud. He faces up to 10 years in prison, a $250,000 fine and must pay restitution.
Prosecutors said Fay took between $1 million and $2.5 million over seven years, but the priest has disputed that. He admitted taking between $400,000 and $1 million.
http://apnews.myway.com/article/20070913/D8RK9J680.html
or the sheep will be fleeced.....
Sep 12, 9:58 PM (ET)
By JOHN CHRISTOFFERSEN
NEW HAVEN, Conn. (AP) - A former priest pleaded guilty Wednesday to stealing hundreds of thousands of dollars from his church by setting up secret bank accounts to pay for a life of luxury, including traveling around the world and buying a condominium.
The Rev. Michael Jude Fay, who resigned last year as pastor of St. John Roman Catholic Church, pleaded guilty to interstate transportation of money obtained by fraud. He faces up to 10 years in prison, a $250,000 fine and must pay restitution.
Prosecutors said Fay took between $1 million and $2.5 million over seven years, but the priest has disputed that. He admitted taking between $400,000 and $1 million.
http://apnews.myway.com/article/20070913/D8RK9J680.html
or the sheep will be fleeced.....