Pastor

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 2

Investment Fraud - Part 6

Week of December 9

Investment Fraud - Part 5

This Week's LessonWeek of November 25

Investment Fraud - Part 7

Introduction

Our lesson this week examines the topic of Investment Fraud. The Executive Summary provides a concise review of the key points. Before we get started, test your knowledge by completing the following quiz.

A "financial expert" meets with a pastor and encourages him to invest church funds in a new investment that will "double the church's money" in a year. The pastor mentions the program to a few church board members. No one is sure how to tell whether or not the investment opportunity is legitimate.

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 seventh 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 information on avoiding investment scams.

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