[ApplegateRanch]

After Austin resident and financial adviser Derrich Pollock died in a plane crash in February 2007, many fellow congregants of Great Hills Baptist Church who had entrusted their money to him were shocked to learn they had been participating in what court documents called a multimillion-dollar Ponzi scheme. Pollock reportedly liked to take friends for rides in his plane to show them where he communed with God.

What religion was Bernie Madoff?

Barney Frank/Mr. Raines/?

How about some of the others in recent pyramid/ponzi schemes?

Why is it relevant here, that there were "LDS ties", other than the LDS “leadership has issued periodic advisories about it...”?

The same thing happens in both religious and secular service organizations, charities, country clubs, and other groups; not just churches.

So again, why the emphasis on LDS, even though the article does speck to other groups? What is the (not so) hidden agenda?

[Little Bill]

This is a hit piece on the Mormons. My cousin Dick was the comptroller for Rite Ade, he was very good at what he did and said that people should buy Rite Aid. People bought Rite Aide, it went down the Toilet, who is to blame, Dick who gave an honest opinion, though he was an evil Mormon or the market.

[panaxanax]

Big bump to that! Just another chance to attack Mormons from the usual suspects here at FR.

[svcw]

Part of the reason, I think, is that ldsers tend to dismiss this in their organization. Or deny that it could happen, even when proved there seems to be a reason ie: well the perp was not really an ldser.
Where as in other faith based group frauds, these group will stand up and be embarrassed by the perp.

[LomanBill]

>>Why is it relevant here, that there were "LDS ties",

 

Maybe it's just a casual observation that LDS' hierarchical/tyranical structure tends to elevate ponzi-scheming ladder climbing to an art form?

 

 

"I HAVE SWORN UPON THE ALTAR OF GOD ETERNAL HOSTILITY TO EVERY FORM OF TYRANNY OVER THE MIND OF MAN"
--Thomas Jefferson