Class Complaint Accuses Mormon Church, Nonprofit Of Misusing Donations

(July 31, 2024, 3:14 PM EDT) -- SALT LAKE CITY — The Church of Jesus Christ of Latter-day Saints and a nonprofit entity created to hold and invest donations continue to misuse donations, including hiding assets through the use of shell companies, despite already settling similar charges brough by the Securities and Exchange Commission in February 2023, self-described donors allege in a consolidated class complaint filed in a federal court in Utah....

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