prison and a fine of $150 million (equivalent to $ million in ). Jalma Hunsinger, President and Director of Church Ventures (a company whose stated purpose was to build churches), paid $150,000 (). In 2002, a judge in the civil court case of the BFA Liquidation Trust versus Arthur Andersen, the Big Five accounting firm that also failed to properly audit Enron, officially approved a settlement that would pay former BFA investors $217 million (equivalent to $ million in ) for Andersen's failure to identify fraudulent activities at the BFA. The court signing off on the settlement meant that the BFA Liquidation Trust had standing should Andersenwhich was at the time being charged for issues surrounding Enronbe unable to make that payment. Christianity Today reported that the timing of this court approved settlement avoided "the worst case scenario for Baptist Foundation investors" of Andersen being convicted in its then ongoing criminal case regarding its audits of Enron, then quickly filing "for bankruptcy-court protection" from any civil lawsuits not yet settled in a court. At the time, this settlement was the second largest settlement in the nation's history for a Big Five accounting firm that was not related to the Savings and Loan collapses of 1986 to 1995. In popular culture In 2007, the first story on the episode "Religious Prey: Baptist Foundation Of Arizona / Medical Scams: Dr. Mikos", of the television series American Greed, covered the fraudulent behavior of the Baptist Foundation of Arizona. References Defunct companies based in Arizona Corporate scandals Corporate crime Christian organizations established in 1948 1999 disestablishments in Arizona Southern Baptist Convention Foundation Baptist denominations established in the 20th century 1948 establishments in Arizona Charity scandals Religious scandals