Posts tagged Sam Brunson
LDS Church And Investment Fund To Pay $5 Million To SEC For Failing To Disclose Equity Investments

The Securities and Exchange Commission announced Ensign Peak Advisers Inc. and The Church of Jesus Christ of Latter-day Saints agreed to pay $5 million in penalties to settle charges against the investment fund operating inside the nonprofit entity of the church.

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A Cloud Of Mystery Remains Over Whistleblower Complaint Against LDS Church

In 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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