Posts tagged fraud
Mormons (And People Of Faith In General) More Likely To Be Fraud Victims

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. 

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Excerpt From 'Faith-Based Fraud' On One Of The Largest Ponzi Schemes In History

(EXCERPT) “Faith-Based Fraud,” by Warren Cole Smith, is a new book on financial and other scandals in the church. Almost a chapter centers around Bernard Madoff, who confessed to one of the largest Ponzi schemes in history.

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