Lds members have fleeced over 1 & 1/2 billion from fellow Mormons the past few years alone! Guess what? They initially didn't regret "doing business" with them, either!!!
(2010 Source puts it at over $1.4 billion...and MORE has been uncovered since then!) : Mormons Now Losing Billions to Affinity Fraud
Can you fill me in any other religious sect that has less than 2% of the overall population (1.7%) -- that has launched at least $1.4 billion worth of fraud schemes vs. fellow sect members the past two or three years?
If you only have time to click on one article link below...read this one: JOHN L. SMITH: Thieves in the temple: How 'affinity fraud' hurts LDS church members
Source: Las Vegas Review-Journal, Sept. 12, 2010 Be sure to read the comments of FBI special agent Cameron Saxey (who is Lds)...the article mentions how the Utah jurisdictional Securities Fraud Task Force was working on 100+ cases...meaning that $1.4 billion total doesn't tell it all!
The sad individual accounts [Indeed: Pray for the victims, most Lds]:
* All in the Mormon Family Mortgage Fraud [Re: Idaho fraud]
Source: Conservative Babylon.com, June 27, 2012
* Episode Detail: The Mormon Madoff - American Greed: Scams, Scoundrels and Scandals
Source: TV Guide.com re: series American Greed: Scams, Scoundrels, and Scandals, June 20, 2012
* Former LDS bishop gets jail, probation for massive fraud
Source: Provo Herald, June 7, 2012
* LDS Bishop Pleads Guilty To Fraud
Source: Kutv.com, June 7, 2012
* Utah investors caught up in alleged $170M fraud: SEC says 2 men committed fraud as they raised $170M to build Caribbean resorts, and that 250 of the 1,700 alleged victims are from Utah
Source: Salt Lake Tribune, May 31, 2012
* Beware of affinity fraud ‘predators’ who exploit trust, LDS spokesman warns
Source: Fraud College.org, April 2, 2012
* Former LDS bishop charged with fraud, pleads not guilty
Connecticut Criminal Defense Blog, March 29, 2012
* Former Mormon Bishop In Trumbull Charged With Investor Fraud
Source: Hartford Courant, March 27, 2012
* The LDS Church Issues a Strong Position on Affinity Fraud
Source: Utah Securities Fraud.com, March 7, 2012
* Affinity Fraud Called a Destructive Crime at Conference
Source: Lds.org, Feb. 20, 2012
* Church Representative to Address Fraud College [From the official Lds Web site]
Source: Lds.org, Feb. 15, 2012
* Affinity Fraud statement
Source: Official Mormon Newsroom.org, Undated (Early 2012)
* Father, son used Mormon connections to commit $220M Ponzi scheme (Utah case)
Source: Mormon church-owned KSL.com, Dec. 16, 2011
* Former LDS bishop cons elderly man out of life savings, police say
Source: Provo Daily Herald, Oct. 19, 2011
* Tag archives @Utahsecuritiesfraud.com: LDS Church
* Provo councilman Steve Turley charged with felonies [LDS High Council Member]
Source: Provo Herald, July 27, 2011
* Feds arrest St. George business man, philanthropist for mail fraud
Source: Mormon-church owned KSL.com, June 11, 2011
* Former LDS leader charged in fraud against Ute football coach, others
Source: Salt Lake Tribune, June 8, 2011
* Suspected Mormon Con Artist Pleading Guilty to $78M Scam
Source: Streetsweeper.org, May 31, 2011
* Mormon Madoff? Source: Financial Fraud Law.com, May 27, 2011
* A Fraud Played Out on Family and Friends
Source: New York Times, May 26, 2011
* St. George investor ordered to jail [ex-Lds bishop]
Source: MidUtahRadio.com, April 15, 2011
* Using trust to steal (Utah affinity fraud)
Source: Ogden (UT) Standard Examiner, Feb. 3, 2011
* JOHN L. SMITH: Thieves in the temple: How 'affinity fraud' hurts LDS church members
Source: Las Vegas Review-Journal, Sept. 12, 2010
* Local political gadfly arrested for exploiting elderly woman
Source: Provo Daily Herald, May 4, 2010
* Preying on the faithful: Though Mormons often victims, LDS church skips fraud-prevention event
Source: Salt Lake Tribune, May 2, 2010
* Kaneohe swindler is sentenced
Source: Honolulu Star-Bulletin, April 6, 2010
* Investors with troubled firm have Mormon ties
Source: Austin American Statesman, Jan. 16, 2010
* Man Who Defrauded Fellow Church Goer Pleads Guilty
Source: www.connect2utah.com (KUTV) Jan. 7, 2010
* Lindon Man Accused of Trying to Kill Witnesses to Alleged Scam
Source: MidUtahRadio.com, Nov. 19, 2009
* KSL 5 News investigates affinity fraud
Source: KSL.com Nov. 9, 2009
* Mormon victims are caught up in $50M scam to sell gold bullion
Salt Lake Tribune, Sept. 18, 2009
* LDS Church returned $200K in Southwick Tithing
Source: AP, Sept. 14, 2009
* Merriman's church donations may be tained [Momon Ponzi schemer's tithe monies ill-gotten?]
Source: Denver Post, April 24, 2009
* Man Who Defrauded Fellow Church Goer Pleads Guilty
Source: Fox News, April 8, 2009
* Calif. Man Charged with $40 million Ponzi scheme
Source: AP, March 20, 2009
I just knew I could count on you!