Whistleblower Accuses Mormon Church of Hoarding $100 Billion Intended for Charitable Purposes
Share
[aggregation-styles]
The Week
The Week
The Mormon Church may be misleading its congregation when it comes to its tax-exempt investment fund, The Washington Post reports.
David Nielsen, a former senior portfolio manager at the Church of Jesus Christ of Latter-day Saints’ investment division, filed a complaint with the Internal Revenue Service in November alleging the Mormon church’s leaders stockpiled $100 billion in surplus donations rather using them for charitable purposes as intended.
David Nielsen, a former senior portfolio manager at the Church of Jesus Christ of Latter-day Saints’ investment division, filed a complaint with the Internal Revenue Service in November alleging the Mormon church’s leaders stockpiled $100 billion in surplus donations rather using them for charitable purposes as intended.
RELATED TOPICS:
Categories
Latest
Videos
Local /
6 hours ago
Judge Says Fresno Can Change Street Names: Cesar Chavez Blvd Lawsuit Tossed
World /
7 hours ago
The Aga Khan, Spiritual Leader of Ismaili Muslims and a Philanthropist, Dies at 88
Crime /
7 hours ago
Fresno High-Speed Chase Ends in Arrests After Crash, Standoff
Sports /
8 hours ago
NFL Commish Calls Chiefs Conspiracy Theory ‘Ridiculous’ but Terrell Owens Floats One
Business /
8 hours ago
Estee Lauder to Cut up to 7,000 Jobs as Sales Slide
Local /
9 hours ago
