Executive summary of St. Tikhon's Report released

You can read it here. It's quite a damning document. Take these two examples:

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As we began our investigation, we were surprised to find the manner in which Metropolitan Herman managed the business affairs during his many years in control at St. Tikhon's. We found that he took out a cascading system of over 40 loans in an 18 year period, finally leaving the Monastery with over $1.5 million of debt. The purposes of loans included specific bookstore printing projects, major construction projects, paying credit card debt, paying off previous loans, and providing working capital. Metropolitan Herman did all of this unilaterally. From what we could review, and except as otherwise noted in our report, the loans were for legitimate monastery purposes (2). However, because of Metropolitan Herman's complete control, there was no assessment of whether it was prudent for the monastery to assume the ever-increasing debt...

...Fr. Tassos suspected conflict of interest in Archdeacon Klimitchev's sales of Omega Design products to St. Tikhon?s Bookstore. Regarding lack of accountability, he believed Archdeacon Klimitchev transferred Omega merchandise back to his personal business. Unfortunately, inventory control was so badly managed at both the Philadelphia store and at St. Tikhon?s Bookstore, both under Archdeacon Klimitchev?s management, that we could not make conclusions regarding the disposition of inventory. However, witnesses confirmed that Archdeacon Klimitchev had engaged in these practices.

Fr. Tassos suggested credit card abuse and cited three examples – a Las Vegas trip by Archdeacon Klimitchev, purchase of jewelry from a supplier, AV Diamonds, and various personal expenses including Harlem Globetrotter tickets.