Mormon Church Fined by SEC

[TheRedAngel]

SEC.gov | SEC Charges The Church of Jesus Christ of Latter-day Saints and Its Investment Management Company for Disclosure Failures and Misstated Filings

www.sec.gov

Basically their investment firm Ensign Peak was not disclosing the church's equity investments. Which means that the church has been fined 1 million dollars and Ensign Peak $4 Million dollars for fraud. They were using shell companies to hide 35 billion dollars.

 

[Deleted member 59802]

Where's the $35B, may I ask? 🤔

 

[TheRedAngel]

Where's the $35B, may I ask? 🤔

With Jesus I guess.