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Mormon Church of the Latter Day Saints is fined $5million for scheme that hid the true size of its $32billion investment portfolio for 22 years.

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#1

02-21-2023, 11:58 AM
jboldeniv

Administrator

Join Date: Sep 2020

Posts: 10425

Country: United States [US]
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Mormon Church of the Latter Day Saints is fined $5million for scheme that hid the true size of its $32billion investment portfolio for 22 years.

I heard that the Mormons believe that blacks were cursed.

Church of Latter Day Saints fined for hiding $32bn in investments

https://www.dailymail.co.uk

An SEC order issued today describes how the church and its investment firm, Ensign Peak, used shell companies for years to try to put distance between itself and its holdings.
Tags: the mormons

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