The LDS Church's Billion Dollar Investments
The news hit early this week about a hefty fine levied by the US Securities and Exchange Commission against the LDS Church. The LDS Church has a huge investment portfolio and has violated some reporting requirements. This points to the vast wealth of LDS Church. Just how wealthy are they? How was this wealth obtained? How is it used? These massive investments have created some problems inside and outside of the church.
Best source on this: https://www.sltrib.com/religion/2023/02/21/lds-church-investment-firm-agree/
Tithing in Mormonism
Active Mormons are expected to pay one-tenth of their…
The skinny
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