Former Mormon Church insider exposes alleged financial misconduct in 60 Minutes interview.

TL;DR
David Nielsen, a former Ensign Peak portfolio manager, blew the whistle on the Mormon Church's investment arm to the IRS in 2019, alleging that the church had accumulated $100 billion in assets and used the money to bail out businesses with church ties, violating its religious tax exemption status. The church was fined $5 million in February for using shell companies to hide the size of a $32 billion equity portfolio. Church leaders have denied the allegations. Nielsen, a devout Mormon, felt a calling to serve his church and community but turned to the government as "integrity is at stake."
Topics:nationbusiness#business#ensign-peak-advisors#financial-holdings#irs#mormon-church#whistleblower
- Whistleblower David Nielsen speaks out after reporting the Mormon church to IRS in 2019 | 60 Minutes CBS News
- Church of Jesus Christ of Latter-day Saints whistleblower to appear on 60 Minutes alleging misuse of church finances ABC4.com
- View a video preview of the '60 Minutes' segment examining LDS Church finances Salt Lake Tribune
- David Nielsen on why he reported the Church to the IRS in 2019 60 Minutes
- Former Church portfolio manager speaks out about federal investigation KUTV 2News
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