A former Archdiocese Of Washington called Kenneth Gaughan, 43 has been exposed for indulging in monetary fraud. On Thursday he admitted to stealing over $2 million from the coffers of the Catholic Archdiocese of Washington, D.C
Police reports have also found out that Gaughan succeeded in embezzling multiple funds purposed for pandemic relief. This fund should be helping small businesses to survive. But all these monies went into Gaughan’s pocket.
The church leaders, members, and Christians around the world a left dumbfounded why a man of God of his caliber be drawn into the materialistic world just like the recent story of an 80 years Nun who also stole a huge amount of money.
Reports say the Former Archdiocese of Washington DC, Gaughan, used the federal Paycheck Protection Program and Economic Injury Disaster Loans to obtain $2.1 million. He admitted to this crime on Thursday.
He further embezzled over $400,000 from the Catholic Archdiocese of Washington, D.C., where he previously served as assistant superintendent.
This has been a persistent fraudulent activity he has been indulging in. He has angered many Christians for this act. Sadly, Gaughan used the money on materialistic things like buying a yacht and an expensive sports car.
Mr. Gaughan purchased an over 30 feet long yacht that costs $300,000 plus a $1.13 million house. He also spent $46,000 on a sports car.
Everything proves this Archdiocese is poised to live worldly life at the expense of the Church’s finances.
The FBI Special Agent-in-Charge Thomas Sobocinski said:
“Mr. Gaughan was so emboldened by deceiving a church for several years he then turned his deception to the government, stealing funds that were meant to be a lifeline for struggling businesses and greedily using them to satisfy his own materialistic desires.”
Gaughan’s fraudulent life has been in the limelight. Now he is in the hands of authorities.
Gaughan was arrested in August following his fraudulent activities being seen by authorities. He has pleaded guilty to the following charges:
• Two counts of wire fraud
• One count of money laundering
According to the law, wire fraud and money laundering account for a maximum of 10 years in prison each.
Mr. Gaughan will be officially sentenced on June 15 for embezzlement of church funds.