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First AME Pastor Defends Bankruptcy Filing for FAME Corp

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LOS ANGELES WAVE — “The last thing I wanted these entities to do was file for Bankruptcy protection, but the three involved FAME corporations had assets that were encumbered or otherwise transferred to other parties under questionable circumstances, creating an untenable financial situation for the church,” Pastor Robert Shaw of First AME Church said in a statement released by the church. “The perceived mismanagement and unfair business practices in the administration that came after Rev Murray sparked a chain of events that led the three involved Fame entities to where they are now. That status forced us to move quickly to avoid additional damage.”

The post First AME Pastor Defends Bankruptcy Filing for FAME Corp first appeared on BlackPressUSA.

The post First AME Pastor Defends Bankruptcy Filing for FAME Corp first appeared on Post News Group.

Source: Post News Group | PNG-0

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