The show 60 Minutes broadcast a segment about the Mormon Billions. Sharyn Alfonsi follows up with whistleblower David Nielsen who resigned from his position at Ensign Peak Advisors and wrote the whistleblower report in 2019. Since then, the Mormon church has been fined 5 million dollars by the SEC for illegal filing practices, but Nielsen …
Tag Archives: business
(Page 2)These Are Not the Droids You’re Looking For
May the Fourth be with you. In honor of today – which is commonly known as Star Wars Day, because May the Fourth sounds like “May the Force be with you” – let’s look at a simple example of gaslighting, or as it can be referred to when aided by the Force, Jedi mind-tricks. May …
Continue reading “These Are Not the Droids You’re Looking For”
Stop Paying Tithing and Challenge the Tax Exemption Status of the Mormon Church
Tax time in the US and as people are leaving the church, they are receiving real blessings. In many countries, donating money to a charitable organization is tax deductible, meaning this decreases your taxable income. This is a perk to tithing for some people, it can save you some money on your taxes, though not …
Continue reading “Stop Paying Tithing and Challenge the Tax Exemption Status of the Mormon Church”
Joseph Smith Confirms His Seer Stone Is Nonsense
Joseph was in trouble with the law for treasure digging with Josiah Stowell. It seems he was working out a pivot in his life and transitioning from treasure-digging to becoming a religious leader. As he learns that you can get into serious trouble taking people’s money and leading a treasure dig with a peep stone …
Continue reading “Joseph Smith Confirms His Seer Stone Is Nonsense”
Elder M Russell Ballard’s Colorful History With the SEC
Before M Russell Ballard was an apostle, he is praised as a successful businessman. He was involved in various business pursuits in Utah. He was the top-selling salesman for his father’s Nash car dealership, which he left and in the late 1950s put his efforts into being the first Edsel car dealer in Salt Lake City. Sadly, …
Continue reading “Elder M Russell Ballard’s Colorful History With the SEC”
What does TSCC mean when referring to the Mormon church? TBM? PIMO? MFMC?
There are many many acronyms in the nomenclature of the Mormon church. The Church of Jesus Christ of Latter-day Saints has come up with many nicknames for parts of the organization or even doctrines, most of which are acronyms. Some of these are “official” acronyms while others have simply developed naturally over time. It should …
Continue reading “What does TSCC mean when referring to the Mormon church? TBM? PIMO? MFMC?”
Development of Mormon Tithing – From Meager Origins to Ensign Peak Billions
Members of the Mormon church are required to pay the church a tithe. This tithing is understood to be ten percent of the member’s income. This is the same for children who earn $5 for mowing the lawn to wealthy lawyers and doctors in the church. The church makes much of the sacrifice and blessings …
Continue reading “Development of Mormon Tithing – From Meager Origins to Ensign Peak Billions”
Fanny Alger, Joseph Smith’s “dirty, nasty, filthy affair” Teen Bride
What Happened between Fanny Alger and Joseph Smith? As a young woman, Fanny Alger was a servant in Joseph Smith’s house. She lived with the family for a time while also serving as a maid. Joseph Smith and Fanny got very close. Multiple accounts exist of Emma Smith, Joseph’s wife catching Joseph celestializing (sexually involved) …
Continue reading “Fanny Alger, Joseph Smith’s “dirty, nasty, filthy affair” Teen Bride”
Whistleblowing On the Mormon 100 Billion “Rainy-Day Fund”
David Nielsen, a former Ensign Peak portfolio manager, shared with his twin brother Lars about the shady practices and massive amounts of money the Mormon church, or the Church of Jesus Christ of Latter-day Saints have in investments. Together the brothers compiled information and reported it to the authorities at the SEC (Securities Exchange Commission) …
Continue reading “Whistleblowing On the Mormon 100 Billion “Rainy-Day Fund””
LDS Church’s Misstated Filings to SEC Approved by First Presidency
For the past week, the church has been all over the news. Not for something they will want to draw publicity. The U.S. Securities and Exchange Commission announced that the Church has been fined $5 Million for using shell companies to obscure the size of its investment portfolio. On February 21st, the SEC issued a …
Continue reading “LDS Church’s Misstated Filings to SEC Approved by First Presidency”
Retrofitting Revelation For The Mormon Church Official Name
The Church of Jesus Christ of Latter-day Saints With all the hubbub about referring to the church by the proper name, as directed by church president Russell Nelson, let’s stop and look at what the church name is. Why does the official name of the church (The Church of Jesus Christ of Latter-day Saints) contain …
Continue reading “Retrofitting Revelation For The Mormon Church Official Name”
Personal Mormon Faith Crisis Report – Faith Crisis Stages
The report defines the stages of such a faith crisis from a true believing member, through a catalyst and traumatization, and then either through a traumatized disbeliever and ex-mormon or a nuanced believer and then secular participant.
Personal Mormon Faith Crisis Report – Introduction and Overview
The Personal Faith Crisis Report was presented to Elder Uchtdorf in 2013 by Elder Jensen so leaders could better understand what is happening and take appropriate measures to address members leaving the church as a result of a faith crisis. The gospel topic essays were part of the response to this study by the church.
Jean Was a Mormon, an Ex-Mormon Profile Spotlight
Jean was impressed with the ‘true religion’ as taught by the missionaries and joined the church with her young family. After serving faithfully for a long time and even serving a senior mission to South Africa, she collected a few issues onto her shelf. She questioned why she and the other missionaries weren’t better protected …
Continue reading “Jean Was a Mormon, an Ex-Mormon Profile Spotlight”
More Church Myths – Thomas B Marsh and Milk Strippings
The church wants us to leave the church alone. Do they leave “apostates” alone? Have they ever left apostates alone? The church tells stories about those who leave to discredit them and instill fear into their congregations. They are seeking to control members and keep them “in”. Plugging holes in a leaking ship. They will …
Continue reading “More Church Myths – Thomas B Marsh and Milk Strippings”
Rebecca Was a Mormon, an Exmormon Profile Spotlight
The church was more a corporate business than a church for Rebecca. The church teachings did not reflect God or Love, rather they were shallow and manipulative. “I have come to realize so much about the construct of the Church and how it was designed for misery and compliance- it was designed as a business, …
Continue reading “Rebecca Was a Mormon, an Exmormon Profile Spotlight”
BYU honor code dress and grooming standards – Mormon Facial Hair
The church is famous for strongly pressuring members to follow a dress and grooming standards and whenever possible requiring it. They suggest that members follow the grooming standards but require every volunteer missionary who are paying their own way (or at least their parents are in many cases), every volunteer temple worker, and every student …
Continue reading “BYU honor code dress and grooming standards – Mormon Facial Hair”