Mormon church fined over scheme to hide $32 billion investment fund behind shell companies
Mormon church fined over scheme to hide $32 billion investment fund behind shell companies
www.nbcnews.com Feds fine Mormon church for illicitly hiding $32 billion investment fund behind shell companies
The Church of Jesus Christ of Latter-day Saints engaged in the scheme for more than 20 years.
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tl;dr:
$32,000,000,000 fraud $5,000,000 fineSo they were charged a 0.016% transaction fee.
Ah yes, 5m of the 150+B in the bank.
That's ... Nothing
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