Brooklyn Diocese Demotes Monsignor After $1.9M Financial Scandal
Briefly

The Diocese of Brooklyn has decided to launch a broader review of compliance at Our Lady of Mount Carmel Church, prompted by Monsignor Gigantiello’s controversial decision to allow a pop star to film a music video inside the church. This scrutiny uncovered that he had transferred $1.9 million in church funds, which were loaned to Frank Carone’s law firm and affiliated companies without prior authorization from the Diocese.
Bishop Robert J. Brennan stated, 'In order to safeguard the public trust, and to protect church funds, I have appointed Bishop Witold Mroziewski as administrator of the Parish... I have also relieved Monsignor Jamie Gigantiello of any pastoral oversight or governance role at the Parish because he has mishandled substantial church funds.' This indicates a serious breach of trust and oversight protocols within the church.
Monsignor Jamie J. Gigantiello maintains that the loans were legitimate investments that yielded a return of 9 percent interest, asserting that these funds were indeed paid back to the church. However, this claim raises further questions about the financial governance and the decision-making process within the church’s administration.
Read at Brooklyn, NY Patch
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