The Mormon Church settles allegations it hid $32 billion in investments. A top exec said the church was worried its staggering wealth would cause members to stop donating.

Tech Insider
The Church of Jesus Christ of Latter-Day Saints, historic Mormon Salt Lake Temple is shown here on December 17, 2019 in Salt Lake City, Utah. A inside whistle blower has alleged the Mormon Church misled members on how a $100 billion investment fund was used.
The Church of Jesus Christ of Latter-Day Saints, historic Mormon Salt Lake Temple is shown here on December 17, 2019 in Salt Lake City, Utah.

The SEC is investigating whether the Mormon Church's investment division complied with disclosure rules, report says

Tech Insider
The Church of Jesus Christ of Latter-Day Saints' temple is pictured in Salt Lake City, Utah January 27, 2015.
The Church of Jesus Christ of Latter-Day Saints' temple in Salt Lake City, Utah.

Reuters

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