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60 Minutes Transcript: Whistleblower David Nielsen Speaks Out After Reporting the Mormon Church to IRS in 2019

"What's at stake?" "Integrity. Integrity is at stake: Mine, Ensign Peak's, and the Church's. We've got to go through a process and make the world better." – David Nielsen, former senior portfolio manager at Ensign Peak Advisors turned Whistleblower | wasmormon.org

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 …

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Why the Mormon Church Hid Billions of Dollars of Investments?

"Church leaders were concerned that public knowledge of the fund’s wealth might discourage tithing. Paying tithing is more of a sense of commitment than it is the church needing the money. So they never wanted to be in a position where people felt like they shouldn’t make a contribution.” Roger Clarke, Head of Ensign Peak Advisors | wasmormon.org

The Mormon church was recently charged with fraud and reached a settlement with the SEC agreeing to pay five million dollars. Their chief infraction was failing to properly file and misstating in filings they did submit about the church investments with the church-owned investment company Ensign Peak Advisors. The fraud reached all the way to …

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Church Finances: Follow the Prophet, He has the Money

Elder Dallin H. Oaks of the Quorum of the Twelve Apostles said that each year The Church of Jesus Christ of Latter-day Saints spends about $40 million on welfare, humanitarian and other LDS Church-sponsored projects around the world and has done so for more than 30 years.

Hinckley made it clear that the church doesn’t share financial statements because the information belongs to those who made the contribution. Since 1959, Church finances have not been disclosed to the public, and we can see that church leaders have actively tried to hide finances from the public. Even so, there are disclosures that can …

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Stop Paying Tithing and Challenge the Tax Exemption Status of the Mormon Church

Should we include these deductions in your tax return for 2020? Do the donations to The Church of Jesus Christ of Latter-day Saints still apply? – “Paying tithing is more of a sense of commitment than it is the church needing the money. So they never wanted to be in a position where people felt like, you know, they shouldn’t make a contribution.” – Roger Clarke, the head of Ensign Peak | wasmormon.org

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 …

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Mormon Fearmongering & Marginalizing Liberal Agenda at BYU Devotional

The great deceiver's specialty is his keen interest in your feelings, and opinions, and personal preferences. He's quite progressive that way, and wants to hear all about it. Your concerns are his concerns and he knows exactly which rendition of Jesus is pertinent to your cause. Lately, it is likely to be a socially relevant, liberal Jesus who somehow cares more about "your truth" than the truth he came to personify, proclaim, and die for. The deceiver dishes out a new gospel, and I hate this (just so you know I don't like that word hate but this one thing I do hate), "the gospel of your own truth". - David Glen Hatch, BYU Devotional, April 4, 2023

BYU–Hawaii presented an international concert and devotional by recording artist, Dr. David Glen Hatch, on Thursday, April 4, 2023, in the McKay Auditorium. Brother Hatch, who has published sheet music as well as recordings at church-owned Deseret Book, performed some piano pieces and spoke to the audience in this devotional. Brother Hatch warns of the …

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Russell Nelson to receive the Gandhi-King-Mandela Peace Prize

Russell M Nelson to receive the Gandhi-King-Mandela Peace Prize - Biographies for Russell M Nelson reveal nothing he's done towards equality, non-violence, promoting non-discrimination, or working to end racism or hatred in the world. It seems that they are recognizing him for the donation from the church, and if so, it would mean that the Mormon church leader is continuing the very Mormon tradition of conning the world into seeing him as an outstanding moral leader. The same way that Joseph Smith was able to eschew his treasure digging cont-artist past, and found a religion based on faith. The religion based on believing that emotion teaches truth, can't possibly be challenged. Nelson (Russell M) has made a pleasant extension of goodwill to the NAACP and they've apparently believed his emotion-laden discourse about loving one another and all being God's children over the mountain of evidence that the church is not anti-racist and has never even approached that side of the spectrum. This is the same church that denied full membership to blacks until 1978! That's a full decade after MLK was assassinated in 1968, and nearly 15 years after the civil rights act was passed in 1964. The act prohibits discrimination on the basis of race, color, religion, sex or national origin, and also the act which the church vehemently opposed. Supporting forgiveness and growth and second chances, but many still can't fathom giving a leader this award, when he has done nothing to warrant such recognition. He leads a church with a horrible track record for non-violence, non-discrimination, and racism. He leads a church that sustains policies of discrimination, systemic racism, and racist doctrines still today. The church continues to oppress those who it deems acceptable.

Mormon Church President, Russell M Nelson is being honored by the Martin Luther King Jr International Chapel on Morehouse College Campus in Atlanta, Georgia. He is to receive a new award, the first recipient, which is to be called the Gandhi-King-Mandela Peace Prize. This is in coordination with the Gandhi-King-Ikeda Institute at the chapel. What …

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Development of Mormon Tithing – From Meager Origins to Ensign Peak Billions

LDS Church has in reserves at least $32 Billion. Has stated "we expect to see the day when we will not have to ask you for one dollar of donation for any purpose, except that which you volunteer to give of your own accord, because we will have tithes sufficient in the storehouse of the Lord to pay everything that is needful for the advancement of the kingdom of God." Joseph F Smith.

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 …

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Fanny Alger, Joseph Smith’s “dirty, nasty, filthy affair” Teen Bride

"A dirty, nasty, filthy affair of his and Fanny Alger's was talked over in which I strictly declared that I had never deserted from the truth in the matter, and as I supposed was admitted by himself." Oliver Cowdery regarding Joseph Smith and Fanny Alger

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) …

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Whistleblowing On the Mormon 100 Billion “Rainy-Day Fund”

After whistleblower report states church amassed $100 Billion Fund: "Claims being currently circulated are based on a narrow perspective and limited information. The Church complies with all applicable law governing our donations, investments, taxes, and reserves. We continue to welcome the opportunity to work with officials to address questions they may have." – 2019 First Presidency: Russell M Nelson, Dallin H Oaks, Henry B Eyring - wasmormon.org

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) …

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LDS Church’s Misstated Filings to SEC Approved by First Presidency

After being ordered to cease and decist misstating filings and settling for $5M. "We reached resolution with the SEC. We affirm our commitment to comply with the law, regret mistakes made, and now consider this matter closed." 2023 First Presidency: Russell M Nelson, Dallin H Oaks, Henry B Eyring - wasmormon.org

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 …

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Tag Archives: illegal

Against the law. Polygamy was illegal; church practiced it anyway.

Fanny Alger, Joseph Smith’s “dirty, nasty, filthy affair” Teen Bride