So it's not just the hedge-fund hot shots and Wall Street wizards from Greenwich we've got to worry about. Even Roman Catholic priests down there are apparently getting in on the financial fiddling.
Michael Moynihan, a former pastor at St. Michael the Archangel Parish in Greenwich, pleaded guilty last week to a federal obstruction charge involving a church bank account that Moynihan used to pay $300,000 of his credit card bills.
This former priest could get a maximum of 20 years in the slammer and a fine of up to $250,000 — which is a hell of a lot more than most of the crooks in pinstripe suits get when they're caught.
Moynihan, 59, was with the Roman Catholic Diocese of Bridgeport from 1993 to 2007 serving as pastor of the Greenwich church.
One problem was that the Greenwich parish had a "Building Fund" account that wasn't supposed to be there. Moynihan then opened up another account in the name of the parish at a Greenwich bank in 2004.
More than $2 million of the St. Michael Parish money was shunted into these two accounts, prosecutors say. And not all of the cash went to paying parish bills — like that little matter of $300,000 in credit card expenses.
Moynihan provided "false and misleading information" to Diocese accountants checking the books and lied to the FBI about forging a signature on one of his cover-up letters.
Maybe he should have checked with those hedge fund dudes about the way to handle these things.
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