The Church of Jesus Christ of Latter-day Saints’ furtive investment strategy ultimately resulted in it being fined by the SEC earlier this year. The move likely stemmed from a deeply rooted belief that by keeping a low profile and minimizing how much it shared about its inner workings, the church could avoid criticism from hostile outside forces looking to attack it.
Read MoreWhile the latest statistics from the LDS Church show a slight growth in membership worldwide, much of the growth is coming from abroad. Polarization and inflexibility prevent growth more than controversy, religious scholars say.
Read MoreThe whistleblower distanced himself from the public exposure of the case by his twin brother. After pointing reporters to its frequently asked questions about finances on Monday, The LDS Church published a statement on Tuesday and then posted three short videos to YouTube on Friday. And past and present members of the LDS Church discussed the allegations widely online as the story spread through traditional and social media.
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