Archdiocese: Embezzlement inquiry has no effect on World Meeting
The Vatican archbishop in charge of overseeing the World Meeting of Families, to be held in Philadelphia this year, is under investigation for possible embezzlement, according to several European news organizations.
Archbishop Vincenzo Paglia, president of the Pontifical Council for the Family, reportedly bought the 14th-century San Girolamo castle in Umbria, Italy, at an artificially low price with the intention of reselling it at market value.
"The alleged scam" would have netted a profit of about $4.4 million, the London newspaper the Daily Telegraph reported Friday.
The Archdiocese of Philadelphia, which is hosting the eighth triennial World Meeting in September, issued a statement Friday saying the investigation of Paglia did not appear to affect the meeting....
Dr. Alan Cairns | 8/3/2009
