Mormon Church Whistleblower Exposes Alleged Misuse of Funds and Investments.
A whistleblower from the Mormon Church's investment firm, Ensign Peak Advisors, appeared on 60 Minutes to discuss the alleged misuse of church tithing funds. The whistleblower claimed that the church misused $100 billion in tithes, with $1 billion going to Ensign Peak. The church denied the allegations, but the SEC charged Ensign Peak for failing to file forms that would have disclosed the church's investments. Ensign Peak agreed to pay a $4 million penalty, while the church agreed to pay a $1 million penalty. The whistleblower filed a 74-page letter to the IRS alleging the stockpile and misuse of the tithing money.
