Investment Manager Targeted in Church Loss

Summary


By James Tinley Register Staff

ORANGE -- The investigation into a potentially massive embezzlement of St. Barbara Greek Orthodox Church funds is centering on the man placed in charge of the church's investments, who has been identified by multiple sources as Gregory Loles.

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Extract


Investment Manager Targeted in Church Loss

Loles was in charge of managing the church's building fund and endowment, and several church members allowed Loles to handle their personal retirement and college investments, several sources within the church community said.

As the federal investigators ...

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