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Christian Brothers Financial Collapse | Melbourne News

Christian Brothers Financial Collapse | Melbourne News

Published 1 day, 12 hours ago
Description

The Christian Brothers, a Catholic order with a dark history of child abuse, is bankrupt and can’t pay the mounting $65 million in survivor claims — potentially forcing taxpayers to cover the tab. With 340 claims already filed and another 590 expected, the order is also secretly transferring assets to a shell entity to avoid paying victims, while using its dwindling funds to shelter nine convicted abusers — including those who preyed on orphans. Now, they’re pushing to sell 36 properties and merge assets from a sister group worth tens of millions to appease creditors — but survivors are furious and demanding justice.

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