Whistleblower exposes alleged financial misconduct in Mormon Church.

A whistleblower from the Church of Jesus Christ of Latter-day Saints appeared on 60 Minutes to discuss the alleged misuse of church finances. David Nielsen, a former employee of the church’s investment firm Ensign Peak Advisors, claimed the misuse of billions of dollars in tithes. Nielsen reportedly sent a 74-page letter to the IRS alleging the stockpile and misuse of the tithing money. In February of 2023, the SEC charged the church and Ensign Peak Advisors for failing to file forms that would have disclosed the church’s investments. To settle the charges, Ensign Peak agreed to pay a $4 million penalty, while the church itself agreed to pay a $1 million penalty.