Neilsen’s complaint claims Ensign president Roger Clarke has said the fund would be used should the second coming of Christ occur, while the Post reported that high-ranking cleric Bishop Gérald Caussc gave a March 2018 speech in which he connected the “prophecies of last days” to setting aside some “revenues each year to prepare for any possible future needs.”
(Lisette Voytko – Forbes) An investigation published by the Washington Post Monday night focuses on a complaint filed by a whistle-blower who alleges the Church Of Jesus Christ Of Latter-day Saints holds $100 billion in a charitable fund from member donations that hasn’t been spent in over 20 years—but is instead reportedly intended for the “second coming of Christ.”
- The fund is held by Ensign Peak Advisors, the church’s investment arm.
- The complaint was filed with the IRS on November 21, 2019, by David A. Neilsen, a 41-year-old church member who worked for Ensign as a portfolio manager—but his twin brother, Lars, provided the Post with a copy of the complaint.
- Accompanying the complaint is a 74-page narrative by Neilsen, who alleges Ensign stockpiled $100 billion in charitable donations and deceived church members by doing so.
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