Swindled Indianapolis church fights for survival

Swindled Indianapolis church fights for survival

Credit: Getty Images

FREISING, GERMANY - JUNE 29: A Catholic cross is pictures at the Freisinger Dom cathedral on June 29, 2013 in Freising, Germany. Bavaria, Germany's southern-most state, is heavily Catholic. (Photo by Alexander Hassenstein/Getty Images)

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by Associated Press

WHAS11.com

Posted on July 6, 2014 at 10:48 AM

INDIANAPOLIS (AP) -- An Indianapolis church that has served the community since 1925 is fighting for its survival after being swindled out of $400,000.
 
   Bell's Chapel Church is facing foreclosure at year's end, and many members have left after a man claiming to be a loan broker promised to secure a grant to rebuild the church after it was destroyed in a 2008 fire. Instead, The Indianapolis Star reports (http://indy.st/1r5OSAP ) he spent the money.
 
   Hrond Arman Gasparian of Fishers was convicted in June on 10 counts of wire fraud.
 
   Bishop Adrienne Holmes says the church property is for sale but will go into foreclosure in December if no buyer is found.
 
   The congregation has dropped from 175 members to 30 since the fraud.
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