Lutheran Church admits to misleading Alberta investors

Four years after an investment fund collapsed, taking $130 million with it, the Lutheran Church-Canada has settled the dispute, acknowledging it withheld crucial information from investors. The investment program, administered by the Alberta-British Columbia District of the Lutheran Church-Canada, operated for over 100 years before it went into bankruptcy in 2015. The fund was used to help build churches, schools and retirement communities, but investors were kept in the dark about the church's