Tag: LDS

EXCLUSIVE: Son of Mormon billionaire suing church for $5million over alleged fraud says followers are ‘fleeing’ faith after leaders ‘lied’ to them over how it spent secretive $175BILLION investment fund

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A movie mogul and member of a powerful Mormon dynasty has accused the church of 'lying' about how it has spent billions of dollars of members' money in a bombshell interview with DailyMail.com. James Huntsman, the son of billionaire Mormon…[Continue Reading...]

Mormon Church responds to whistleblower’s financial allegations

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The Church of Jesus Christ of Latter-day Saints pushed back Monday on a "60 Minutes" report detailing a whistleblower's allegations of illegal financial practices by the church and its investment company. Catch up quick: David Nielsen, a former investment adviser…[Continue Reading...]

Mormon whistleblower calls church investments “a clandestine hedge fund”

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The Church of Jesus Christ of Latter-day Saints' finances faced renewed scrutiny Sunday when CBS aired an interview with a whistleblower who alleges the church tried to hide billions of dollars and violated its tax-exempt status. What they’re saying: The…[Continue Reading...]

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