Whistleblower Alleges $100B Hoarding Scandal by LDS Church; But There’s An Easy Fix
…of the wealthiest in the country, according to a blockbuster report in the Washington Post. Most remarkably, in a post-recession era of heightened regulation and scrutiny, the church did this without anyone knowing. The Post story focuses on the unlawful hoarding of this wealth because charitable donations are supposed to go to charitable work, not sit around earning interest. If true, the fraud is shocking. But the abuse was fostered by a foolish…
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