The Adventist Review has an article called: “Robert Folkenberg, Former Adventist Church President, Dead at 74”. It extolled all his good deeds, and glossed over his ouster in 1999 with the word “resigned”, as if it was something voluntary.
That article is telling a falsehood by making it appear that Mr. Folkenberg “resigned”, when in fact, he was forced out of his office for severe financial irregularites pointed out by GC chief auditor David Dennis and others.
Well, since AR will not allow my posts regarding the truth of the matter, I will post here. Robert Folkenberg was forced out of office because of financial irregularities, and probably even something so bad that it would have made newspaper headline scandal pages all over the country if it had been brought out in public. It did reach several newspapers as it was.
David Dennis, the chief auditor of the General Conference, a personal family friend, was kicked out for exposing Folkenberg’s shenanigans.
Here are some articles by Vance Ferrell regarding this issue:
“Tuesday, January 26, 1999
You will recall that 85% of an $8 million promissory note turned over to Robert Folkenberg, president of the General Conference, by James Moore, a Sacramento-based land developer, was supposed to have been issued by him to a California-based Catholic organization, Vicariatus Urbis Foundation (VUF), in which Moore was involved. An additional 15% was to be assigned to Sharing International of Tennessee (SIT).
Moore later discovered that Folkenberg had not carried out either transfer. The 85% was unaccounted for, and the 15% had been given to the bankruptcy estate of someone named Robert Dolan. These omissions had occurred without informing Moore. In other words, according to him, he had been robbed of 100% of the $8 million promissory note. This loss is the basis of Moore’s lawsuit. He wants to recover that money.
We have learned more about Sharing International of Tennessee (SIT), the nonprofit charitable organization which Folkenberg was involved in.”
So basically Folkenberg tried to steal 8 million dollars.
Here is more info on the case:
But the best resource on what all happened is the book “Fatal Accounts” that David Dennis actually wrote himself. The most disgraceful thing is how someone who supposedly leads God’s remnant people stoops to slander and spreading lies to viciously smear someone for doing their job for the church. I pray that David Dennis will forgive for what was done to him, and remember that even Jesus was murdered in the house of his friends.
I hope Bob Folkenberg repented of his evil deeds before his death, and that others in leadership positions will resolve to follow Jesus’ footsteps.