Becciu’s Ousting May Be Just the Tip of the Iceberg

We cannot help but believe Angelo Becciu has been made to be the fall guy for a much larger financial scandal in the Vatican. Last week we learned that one of Pope Francis’ most trusted advisors, Cardinal Angelo Becciu, had been ousted by the Pope for his alleged mishandling of Peter’s Pence funds.  Since late … Read more

BOMBSHELL: Powerful Cardinal Ousted Over Peter’s Pence Corruption

Once one of Pope Francis’ closest advisors, Cardinal Angelo Becciu resigns in disgrace amid accusations of financial corruption. The “bomb” in the Vatican explodes at dinner time, with the release of a, to say the least unexpected, Bulletin of the Vatican Press Office, writes the main Italian news agency Ansa. “Today, Thursday 24 September, the … Read more

London to Malta via Rome: Following the Money in Vatican Financial Scandals

The Vatican raid conducted on the chief prosecutor of the Church’s Apostolic Signatura sheds light on a network of companies and businessmen at the center of interrelated Vatican financial scandals. On Feb. 18, Vatican officials raided the home and office of Msgr. Alberto Perlasca, the chief prosecutor at the Church’s highest ecclesiastical court and a … Read more

Vatican Officials: Swiss Bank Suspected of Money Laundering Led to Pell Conflict

The Holy See’s relationship with a disreputable Swiss bank triggered an internal dispute between the Secretariat of State and Vatican financial authorities. At the center of the conflict was a multimillion-dollar line of credit used to fund a controversial investment in London property speculation. Sources inside the Vatican’s Prefecture for the Economy confirmed to CNA … Read more

Vatican Cardinals Linked to Missing Millions and Financial Scandal

An Italian dermatology hospital and two senior cardinals are at the center of a burgeoning financial scandal involving a Vatican bank, the U.S.-based Papal Foundation, and millions of euros from misallocated government grants. The events concern the financial collapse of the Istituto Dermopatico dell’Immacolata (IDI), an Italian hospital. According to media reports and new sources, … Read more