Iglesia Ni Cristo should be investigated

As of July 16, 2010:
Foreign Exchange rate for Philippine Peso
1US$ = 46.2790 Php

Recent Iglesia Ni Cristo acquired properties:
El Cajon property = $1,755,000. (80+million Philippine Peso)
LA Chapel = $7,600,000 (349+million Philippine Peso)
Another INC church property in Sacramento CA with the price is still unknown

Manila, Philippines - Iglesia Ni Cristo members are usually proud and mostly boastful that 'their' Church founded by Felix Manalo are acquiring expensive properties overseas. You can actually see it on their blogs and personal comments on different forums. They take pride that their "evangelical mission" is reaching USA and was able to purchase properties which INC members does not actually own. The blind INC members failed to see that those properties are actually owned by the INC (sole) corporation and the INC members have practically no amount of ownership once they decided to leave the cult. All fame, glory and WEALTH belongs to the Iglesia Ni Cristo (sole) corporation. What I am wondering right now is that, how was the INC cult able to finance these expensive and luxurious properties overseas?

Iglesia Ni Cristo recently acquired properties

A blogger proudly reported that Iglesia Ni Cristo is purchasing a 7-acre church property at Lemon Hill Avenue Sacramento, California, from a 57-year-old Lutheran Church. Earlier this year, a Filipino blogger also reported that INC also bought another expensive property in El Cajon California with a worth of $1,755,000 (over 79,000,000 Philippine pesos)!!! While Filipinos (including INC members) are getting poorer and poorer, Iglesia Ni Cristo keeps on purchasing properties outside the Philippines. While Filipinos are eating noodles and low-grade rice, Iglesia Ni Cristo Congressman Rodante Marcoleta and Gloria Arroyo were eating at the super-expensive restaurants in the New York, USA. Well, we are already not surprised on this kind of news surrounding the Iglesia Ni Cristo cult. In fact, we are kind of expecting this, since the INC membership is starting to decrease, naturally, INC have to invest in more properties for their own future.