The Washington Post’s investigation on fraud in nonprofit organizations revealed that incidents are either not reported at all or reported but not directed to authorities … bad news, like “theft,” does not sit well with contributors. When I looked at the list of nonprofit organizations in the Post’s story, I did not see any churches on it so I called my good friend Alton Sizemore of Forensic Strategic Solutions, Inc. in Birmingham, AL to see why he thought that was the case. Sizemore told me, “The reason you did not see any churches on the list is because churches are not required to do an annual report.” What?!”
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http://www.forbes.com/sites/walterpavlo/2013/11/18/fraud-thriving-in-u-s-churches-but-you-wouldnt-know-it/#7896dc416fea