Illegal acts are just fine when they benefit the Lord and LD$ Inc. Are you honest in your dealings with your fellow men? Looks like Jesus is down with hypocrisy too!

It's part of the Lying for the Lord mentality.

The ends justifies the means if it helps Jesus.

Will it make a difference?

***According to the order, the Church was concerned that disclosure of its portfolio, which by 2018 grew to approximately $32 billion, would lead to negative consequences. To obscure the amount of the Church’s portfolio, and with the Church’s knowledge and approval, Ensign Peak created thirteen shell LLCs, ostensibly with locations throughout the U.S., and filed Forms 13F in the names of these LLCs rather than in Ensign Peak’s name. The order finds that Ensign Peak maintained investment discretion over all relevant securities, that it controlled the shell companies, and that it directed nominee “business managers,” most of whom were employed by the Church, to sign the Commission filings. The shell LLCs’ Forms 13F misstated, among other things, that the LLCs had sole investment and voting discretion over the securities. In reality, the SEC’s order finds, Ensign Peak retained control over all investment and voting decisions.***

https://www.nbcnews.com/business/business-news/mormon-church-multibillion-investment-fund-sec-settlement-rcna71603


****In a statement, the church said that, starting in 2000, its Ensign Peak investment management group "received and relied upon legal counsel regarding how to comply with its reporting obligations while attempting to maintain the privacy of the portfolio."****

Would that "legal councel" just happened to have been Kirton/McConkie? Or the lawyers among the apostles themselves?



Edited 1 time(s). Last edit at 02/21/2023 02:12PM by auntsukey.