Rev. Floyd Flake "Looted & Destroyed" Black College, Wilberforce University

Black Megachurch pastor former Rep. Floyd Flake, accused of "looting" black college Wilberforce University with his exorbitant salary & perks for one day a month job.

Floyd Flake, former congressman and leader of Allen African Methodist Episcopal Church, one of the biggest churches in the U.S., has been accused of literally "looting" Wilberforce University and sending the black college down a path of financial ruin.

“He came in and looted the place,” said Robert Fitrakis, a lawyer for the faculty who filed a complaint last month with the Ohio Attorney General’s Office. The faculty is seeking to oust the current board and Flake’s handpicked successor, charging that they have breached their legal and financial duties.

The faculty members claim that after Flake became president in 2002, his compensation and perks skyrocketed, he hired cronies as high-priced administrators, he failed to raise enough money and he insisted on a pricey contract with the Princeton Review, where he sat on an advisory board.

In his last year at the college, 2008, Flake pulled down a total compensation package of $340,100, which included his salary of $145,833 and a retirement benefit of $149,267. He also had a $45,000 expense account. Almost all of Wilberforce’s revenue, about 90 percent, comes from taxpayer dollars, including federal financial aid and government grants. And Flake earned the outsize salary while working at the college only one day a week, said a faculty member. Source: NY Post

It will be very interesting to see how this will play out. It should be noted that Floyd Flake is no stranger to controversy. He was indicted on tax-evasion and embezzlement charges 20 years ago, though the charges were eventually dropped. He is currently under investigation for his role in the casino plans at the Aqueduct. It's all about money for some of these pastors.

Read more: Rev. Flake 'looting' lesson | New York Post