PRO-LIFE GROUP SUES DISGRACED LEGION OF CHRIST

Pro-Life Group Sues Disgraced Legion of Christ

Claims group swindled woman out of her inheritance

[The Legionaries are still in trouble: externally (as below) and internally – such as their assets going from millions to pennies, divesting properties and losing members as well as supporters all over the world; nonetheless, they still try to ingratiate themselves with the rich and powerful]

null
DAVID MARTINEZ, RC, ANOTHER CARLOS SLIM (Mexican billionaire and former Legionary benefactor)?
Monterrey billionaire, with strong investments in USA, Spain, Argentina, Italy, etc.; member of the Legion of Christ’s Regnum Christi lay movement…

null
Legionaries show their enthusiastic/raucous allegiance to Pope Francis in St Peter’s Square

by Stefan Farrar • ChurchMilitant • January 10, 2017

PROVIDENCE, R.I. – The Legion of Christ (LC) is facing a lawsuit that could cost them millions. Just this week, a Rhode Island judge is allowing Americans United for Life (AUL), a pro-life group, to continue its suit against the religious order. The lawsuit alleges the LC interfered with an inheritance AUL was supposed to receive from Gabrielle Mee, a widow worth $60 million dollars.

The AUL is accusing the LC of convincing Mee to leave her entire fortune to the Legion, thereby cutting AUL out of her will. This lawsuit is another legal battle for the order, which is still dealing with fallout from Fr. Marcial Maciel’s sexual abuse, founder of the LC. An official investigation by the Vatican found that Maciel sexually abused minors (including his own children), seminarians and had three children with mistresses, and forced him in 2006 into retirement, counseling him to spend the rest of his days in prayer and penance.

Jim Fair, spokesman for the LC, commented, “We believe the Legion of Christ acted appropriately in its relationship with Mrs. Mee.” Rhode Island Judge Michael Silverstein didn’t dismiss the entire suit against the LC, although he did dismiss the claims of fraud and undue influence in the lawsuit.

Bernard Jackvony, a lawyer for AUL, commented that Silverstein’s decision is a “landmark,” and further said, “This case opens up another remedy in situations where there’s been elderly abuse.” In the lawsuit filed last year, AUL alleged that Mee left 10 percent of her fortune to AUL in a 1991 will.

Later on, she amended the will to leave everything to the LC. In a previous lawsuit filed by Mee’s niece, she alleged that her aunt was deceived by the LC concerning Maciel’s abuses, and swindled money out of her money through “clandestinely dubious religious leaders.” Mee was a member of Regnum Christi, the LC’s lay group, and had become a consecrated woman in her later years. As a consecrated layperson, Mee was expected to hand over her assets to the LC as part of her vow of poverty.

All Regnum Christi third-degree members, including Mee, are expected to:

renounce their licit right to use and exercise ownership over any material good without the permission of their legitimate directors. Anything a consecrated member acquires through his work or as a donation, and everything he receives as a salary, pension, grant or insurance, regardless of how it is obtained, is to be sent to the general fund of the Congregation of the Legionaries of Christ. After 15 years of consecrated life, a member is to donate half of his assets to the general fund, and after twenty-five years, all of his present and future assets.

When asked why she joined the lay order, Mee remarked, “[Regnum Christi is] doing much of what I’d been doing. I was a daily person going to Mass, and I got to know a lot about them, and I decided, well, that was the way I was going.” Mee died in 2008, completely unaware that Maciel had fathered three children and was in fact guilty of sexual abuse.

In addition to these suits, two other legal actions have been brought against the LC in recent years. Two of Maciel’s sons have sued the LC in Connecticut, alleging that the order should’ve known the danger Maciel posed to them, considering that the Vatican and the LC knew of Maciel’s long history as a sexual predator and abuser.

Court documents shared by both sons cite letters to the Vatican from various Church officials confirming Maciel’s double life as a sex abuser In a separate case, a former student with the LC filed a lawsuit against a former high-ranking official in the order, alleging sexual abuse. The Rev. Luis Garza, the accused priest, has denied those allegations, stepping down from his job at an LC school in the Philippines.

Facebook
Twitter
Google+
http://angelqueen.org/2017/01/10/pro-life-group-sues-disgraced-legion-of-christ/
Get AQ Email Updates
AQ RSS Feed

One comment on “PRO-LIFE GROUP SUES DISGRACED LEGION OF CHRIST

  1. [The Legionaries’ current rich (David Martinez) and powerful (Pope Francis) supporters have a common bond through the pope’s favorite Argentine first family, as revealed in an article referenced by the Regain piece on Senor Martinez]

    Mysterious Bond Billionaire Offers Rare Look at Finances

    Distressed-debt billioniare once considered the priesthood
    Known as a ‘ghost investor’ and the ‘friendly vulture’

    by Pablo Rosendo Gonzalez and Blake Schmidt
    December 12, 2016

    null
    David Martinez, right, shakes hands with former President of Argentina Nestor Kirchner

    As Wall Street billionaires go, David Martinez might not be the richest, but he is one of the most mysterious.

    In Mexico, where he was born and raised, and in Italy, where his Fintech Advisory Inc. earlier this year bought a stake in the world’s oldest bank, he’s known as a “ghost investor.” He’s very active but frustratingly opaque. His hedge fund, with an office on Manhattan’s Park Avenue, doesn’t have a website.

    “He’s a black box,” said Jose Maria Cao, an analyst for TPCG Capital SA in Buenos Aires, where Martinez got the okay from the government in March to acquire a controlling stake in the biggest telecommunications company in the country. “He’s an important player in the Argentine market.”

    The would-be priest-turned-distressed-debt-man has bought into just about every basket case over the past 30 years, from Greece to Pakistan, and has invested heavily in Argentina, where they call him the “friendly vulture,” an affable take on the scavenger-bird invoked by former President Nestor Kirchner to describe those looking to profit off the country’s financial woes.

    Now Martinez’s Argentine bet has pulled back the curtain a bit. Investors in utilities there must disclose ownership particulars, and the filing for Telecom Argentina SA revealed he’s the sole shareholder in Fintech, which controls the telecommunications giant through Fintech Telecom LLC. By that measure, his net worth is valued by the Bloomberg Billionaires Index at $2.4 billion.

    This would make Martinez, 59, among the wealthiest people in Mexico, though he holds dual Mexican-British citizenship and seems to spend much of his time in New York, visiting his native Monterrey only to see family.

    $140 Million Pollock

    In keeping with his dislike of publicity, Martinez declined to comment. He rarely gives interviews. Acquaintances of his who agreed to talk on condition they not be identified described him as loathe to discuss his personal life — and had little else to say about him.

    “He is an obscure investor, and nobody knows whose money he’s been handling,” said Julio Barbaro, who headed the agency that regulated media companies under the administration of Cristina Fernandez de Kirchner and that of Nestor, her late husband, who preceded her as president.

    Over the years there have been glimpses. In 2003, Martinez made headlines when he spent a then-record $42.3 million for a condo in Manhattan’s Time Warner Center (he later added to the unit, to occupy both the 76th and 77th floors). In 2006, he purchased a Jackson Pollock drip painting from David Geffen for about $140 million, according to experts quoted in a New York Times article that set the art world on fire.

    Martinez was again thrust into the spotlight in 2012, when he crossed swords with hedge-fund billionaire Paul Singer during the contentious debt-restructuring orchestrated by Mexican glassmaker Vitro SAB. The two had been on opposite ends of a spat before: Singer was in the camp that demanded full repayment of Argentina’s defaulted debt while Martinez took the other side.

    Family Loan

    Raised in Monterrey in northern Mexico, Martinez joined Regnum Christi, a group affiliated with the Legionaries of Christ, a scandal-plagued Roman Catholic order that once counted Carlos Slim, Mexico’s richest person, among its benefactors. Martinez explored becoming a priest during a sixth-month stint in Rome, studying philosophy at Pontifical Gregorian University.

    But he chose Wall Street, earning an engineering degree at Tecnologico de Monterrey before heading to Harvard University for an MBA. He went to work for Citigroup Inc. on the emerging markets desk in New York and later founded Fintech, using a $300,000 loan from his family that he promptly paid back with interest. He wrote in a 2013 Financial Times column that his firm participated in almost every sovereign debt restructuring of the past quarter century, from Latin America in the 80s to Greece four years ago.

    Regulatory filings in Spain, Italy, Mexico, Argentina and the U.S. sketch a picture of activity across three continents. Fintech’s holdings include minority stakes in two of Europe’s oldest financial institutions, Spain’s Banco de Sabadell SA and Italy’s Monte dei Paschi di Siena SpA.

    The bulk of his investments appear to be in Argentina. He bought sovereign debt there more than a decade ago and made millions repurchasing discounted bonds. Fintech in 2007 became a 40-percent owner of Cablevision SA, whose parent Grupo Clarin SA is the country’s most powerful media group.

    Barbaro, the former regulator, said Martinez really knows how to work politicians. The media-industry oversight agency had opposed Cablevision’s acquisition of TV and internet provider Multicanal, on grounds it would give Cablevision a too-hefty market share. But then-President Kirchner signed off on the deal after meeting with Martinez. One of the few photos to be found on the web of Martinez is from that event: he and Kirchner shaking hands, flanked by billionaire banker Jorge Brito, who’s an investor with Martinez in the energy company Genneia SA.
    The question now is whether President Mauricio Macri’s regulatory reforms have opened the way for Martinez to pull off the biggest deal in the Argentine telecom industry. Martinez and Macri met during the presidential election and again after Macri’s inauguration.

    Soon after, Fintech had the green light for the acquiring the stake in Telecom Argentina, whose stock has gained 12 percent this year in New York trading; the deal had been blocked under Fernandez. Then Grupo Clarin shareholders approved a spinoff of Cablevision that could pave the way for a merger, putting the billionaire in a position to cash out of two of his biggest holdings. Argentina’s friendly vulture appears to have made more friends in high places.

Leave a Reply