Eight Million Lost in Investment Scheme, Church & Members Suffer

Aug 11, 11 • Breaking NewsNo Comments

With great risk comes great reward, sometimes…  Church officials and members of St. Barbara Greek Orthodox Church in Orange, Massachusetts lost big in an investment scheme promising big gains.  It can be tempting to investigate alternative investments in our uncertain economic situation, but we recommend exercising extreme care in these decisions.  Make sure you have savvy business men and women on your governing board and ensure that your organization enacts an investment policy. Effective investment policies include an outline of the goals and risks tolerances the Church is willing to accept to reach those goals.  Let’s all work together to protect the resources the Lord has blessed us with.

Information obtained from Boston Globe.

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