(ANALYSIS) Three men have filed a lawsuit against the Church of Jesus Christ of Latter-day Saints – also known as the LDS or Mormon church – and its investment arm, Ensign Peak Advisors, Inc. The men, at least one of whom remains an active member of the church, according to the lawsuit, allege that the church had fraudulently induced them into making donations.
Read MoreA 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 MoreThe 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.
Read More(OPINION) Young people in The Church of Jesus Christ of Latter-day Saints are often told to get married because marriage is wonderful and family life is at the heart of the faith. The problem is that church leaders haven’t grasped the power of cultural trends in technology, education and economics that are fueling sharp declines in statistics linked to dating, marriage and fertility,
Read MoreGlenn Beck, the conservative LDS Church media star, helped raise $35 million for his two charities, Mercury One and the Nazarene Fund, to pay for evacuations of Afghans amid the U.S. withdrawal of troops. The organizations are claiming they evacuated 12,000 people but have provided few details about how the money has been spent.
Read More(OPINION) For the first time, the authoritative Mormon rules guidebook will be available to the public. It will be a historic breakthrough.
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