A former employee of a $100 billion investment fund owned by The Church of Jesus Christ of Latter-day Saints gave an interview on national TV program “60 Minutes” about his experience working at the Salt Lake City-based Ensign Peak Advisors Inc. and what drove him to file a whistleblower complaint with the IRS and other government entities.
Read MoreA former employee of a $100 billion investment fund owned by The Church of Jesus Christ of Latter-day Saints has submitted a memorandum to the U.S. Senate Finance Committee about the operations of the Salt Lake City, Utah, based Ensign Peak Advisors Inc. The 90-page memorandum obtained by ReligionUnplugged.com “summarizes evidence of false statements, systematic accounting fraud, private inurement violations of the Internal Revenue Code and other federal statutes and a ‘Klein conspiracy’ by Ensign Peak Advisors, Inc. (‘EPA’) and others.”
Read MoreIn response to reporting by ReligionUnplugged.com and The Washington Post in 2019, a prominent former LDS Church member filed a federal lawsuit last week against the LDS Church seeking to regain more than $5 million in tithing he gave the church. The 2019 reports exposed that the LDS Church had amassed a $100 billion secret investment firm and used member tithes without their knowledge. The IRS has not confirmed whether it is investigating the church.
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