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To: Colofornian
Seems to be a pattern of big-time financial scamming via individuals in the Lds church

As a long-time non-mormon Utah resident, my observation is that with the LDS church comes the good, the bad, and the ugly. This would be the bad and ugly side - and yes, there has been a pattern of mormons using the church "seal of approval" to scam other mormons out of boatloads of money - but it has been going on for 40+ years. The current economic downturn is just exposing the latest wave of frauds. My advice - if someone from your church or religion has a great investment scheme - don't even think about it.

4 posted on 05/27/2009 7:22:53 AM PDT by ghost of nixon
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To: ghost of nixon
As a long-time non-mormon Utah resident, my observation is that with the LDS church comes the good, the bad, and the ugly. This would be the bad and ugly side - and yes, there has been a pattern of mormons using the church "seal of approval" to scam other mormons out of boatloads of money - but it has been going on for 40+ years. The current economic downturn is just exposing the latest wave of frauds. My advice - if someone from your church or religion has a great investment scheme - don't even think about it.

Well said. Well-advised.

5 posted on 05/27/2009 7:32:31 AM PDT by Colofornian
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To: ghost of nixon

Scientology, which I do not think is a real religion, had Reed Slatkin and others who scammed at least $1 billion. Note I am not comparing Mormonism with Scientology.

It is generally a bad thing to wear religion on your sleeve to generate business. You see a pattern in all groups or scammers who use their religion to scam.


7 posted on 05/27/2009 7:43:52 AM PDT by Frantzie
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