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Mormon Church of the Latter Day Saints is fined $5million for scheme that hid the true size of its $32billion investment portfolio for 22 years.

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  • Mormon Church of the Latter Day Saints is fined $5million for scheme that hid the true size of its $32billion investment portfolio for 22 years.

    I heard that the Mormons believe that blacks were cursed.
    An SEC order issued today describes how the church and its investment firm, Ensign Peak, used shell companies for years to try to put distance between itself and its holdings.
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