“The SEC should yes, be able to go after the company who made the donations, but they should have to get whatever money that company owes out of a suit against the company, not by asking the church to pay the money back. The ONLY fraud is on the part of the company, not the church.”
The company has no money. Do you believe it OK to keep stolen goods?
The company has assets the SEC can demand be sold by the SEC putting a lien on them.
The church doesn’t seem to think it’s right either, and has been paying the money back…..the SEC is forcing the remaining balance immediately threatening the unwitting church (trying to do the right thing) with closure. How is that right?