Quote:
Originally Posted by Drake
By 2005 there were a few remaining loans from the saints ... the amount above the loans borrowed was over $34k... also borrowed at the high variable interest rate loan from a bank. In the same year the elders diverted 37% of the offerings from the saints, or over $50k to Titus Chu’s projects.
Drake
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What a shame. Why would all of these elders sign off on that for a measly $34k?
Maybe Ohio knows too, what was the cash position like at that time? The whole thing seems odd.