The mormons got busted by the SEC - $$$$ -$5 million fine

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$5 million fine. Don't think they'll miss it. Didn't want to tell folks how much they had and where it was. Don't forget. Keep sending in that 10% or you won't get to heaven. 

 

Church SEC.png

Church response......

Church response SEC.png

"Since a whistleblower alleged in 2019 the church had stockpiled nearly $100 billion in funds, rather than directing it toward charitable causes, Ensign Peak has been a source of intrigue and mystery for the nearly 17-million member Utah-based faith, which encourages members worldwide to give 10% of their income in a what is known as “tithing.”

Mormon church fined $5M for obscuring size of portfolio

https://www.msn.com/en-us/news/politics/mormon-church-fined-dollar5m-for...

 

There's more on the way. A Huntsman is suing them about their lack of transparency with his donations. 

Not even 1%.  That's not a fine.  That's a permit.