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Continuing education for ministry leaders
Pastor
Weekly Lessons, created and written by Richard R. Hammar, J.D., LL.M., CPA, give you a basic legal overview of essential topics based on staff or volunteer positions within a church.

Previous Lessons

Week of December 16

Investment Fraud - Part 4

Week of December 23

Investment Fraud - Part 3

This Week's LessonWeek of December 9

Investment Fraud - Part 5

Introduction

This week we continue our series on investment fraud

A church board appoints an investment committee consisting of five businesspersons in the congregation having financial expertise. The board relies on the recommendations of the committee in investing church funds. A board member asks if the board is still potentially liable for poor investments.

Weekly Quiz

Instructions Click on the correct answer for each of the following questions.

Executive Summary

Unscrupulous individuals are targeting churches and church members in fraudulent investment schemes. Church leaders must be aware of this risk and take steps to protect church assets as well as the assets of church members. This lesson is the fifth in a series that will explain the most common forms of investment fraud, provide several examples from real life, address the fiduciary duty of church leaders to invest church funds prudently, and provide practical steps that church leaders can take to minimize if not eliminate this risk. This week's lesson provides church leaders with helpful tips on discharging their fiduciary duty of due care in the investment of church funds.

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