Cardinal's acquittal met with cynicism.(Cardinal Michele Giordano of Naples acquitted following charges of usury)(Brief Article)

National Catholic Reporter | January 5, 2001| | Copyright

Christmas was undoubtedly merry this year for Cardinal Michele Giordano of Naples, finally out from under a three-year criminal investigation and trial for alleged complicity in a loan-sharking ring.

Giordano, who according to prosecutors had sustained a scam run by his brother with money from diocesan coffers, was acquitted Dec. 22, 2000. The verdict brings to an apparent end one of the most convulsive episodes in recent church history, the first time a cardinal has faced jail time for such a criminal offense.

The trial was a running embarrassment for the ...

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