Monday, January 17, 2011

An Estimated $34 Billion Will be Spent in Financial Fraud in 2011 by Christian Leaders

The January 2011 issue of the International Bulletin of Missionary Research reported that Christian religious leaders will commit an estimated $34 billion in financial fraud in 2011 while $31 billion will be spent on global missions. Researchers from the Center for the Study of Global Christianity estimate that Christian religious leaders will commit $90 million in financial crimes daily and the fraud is growing at a rate of 5.97% each year. If the researchers are correct, religious financial fraud among Christians will almost double in 14 years to $60 billion annually by 2025. 1

Endnotes

1 Todd M. Johnson, David B. Barrett, and Peter F. Crossing, “Status of Global Mission, 2010, in Context of 20th and 21st Centuries”, International Bulletin of Missionary Research, Vol. 35, No.1, page 29, January 2011

Read More Here

No comments: