Tag: LDS

Mormon who left Wall St. to work for charity blows whistle on what he says is his church’s “clandestine hedge fund”

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Every religion has its mysteries. One of the closest guarded secrets of The Church of Jesus Christ of Latter-day Saints has been its wealth. In this report, you will hear for the first time about its remarkable size from a…[Continue Reading...]

New poll suggests Mormon outreach to other faiths is unreciprocated

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Evangelical Christians and Jews are two religious groups with whom Latter-day Saints and their church leaders have long expressed affinity. But recent polling suggests those overtures could be one-sided. Driving the news: In a survey released this month, the Pew…[Continue Reading...]

SEC Charges The Church of Jesus Christ of Latter-day Saints and Its Investment Management Company for Disclosure Failures and Misstated Filings

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The Securities and Exchange Commission today announced charges against Ensign Peak Advisers Inc., a non-profit entity operated by The Church of Jesus Christ of Latter-day Saints to manage the Church’s investments, for failing to file forms that would have disclosed…[Continue Reading...]

SEC Reportedly Probes Mormon Church Over $100 Billion Investment Portfolio Allegedly Saved For ‘Second Coming Of Christ’

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The Securities Exchange Commission is investigating the Mormon Church over allegations it failed to disclose investments in a secretive $100 billion portfolio, the Wall Street Journal reported Friday, years after the church was accused of skirting tax rules and deceiving…[Continue Reading...]

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