Episode Details

A federal judge approved a $44.4 million settlement in the African Methodist Episcopal Church pension scandal, benefiting retired clergy seeking their stolen retirement funds. The crisis began in 2021 when ex-administrator Reverend Jerome Harris allegedly embezzled over $200 million. Harriss death in 2023 led to a class-action lawsuit in Tennessee, with the church settling separate claims and contributing $20 million, totaling nearly $106 million in recoveries. Retired pastors protested, and the church admitted being deceived. The focus now shifts to Symetra Life Insurance, accused of improper kickbacks and inadequate safeguards. The settlement aims to restore trust in the church, which has restructured its retirement arm with new leadership and a plan to prevent future fraud.

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