Makes sense. But note the "other hand" of what this means, Lds church policy-wise: Simply put, the church then must also have a policy of...profiting from alleged health-gotten gains.
Wow! (I didn't know that churches were in the "profiteering" business anyway -- for any "gotten gain.")
But MUCH has been written as to how the Lds church has long been a commercial enterprise. A Mormon and non-Mormon combined to write a book, The Mormon Corporate Empire: The Eye-Opening Report on the Church and Its Political and Financial Agenda by John Heinerman and Anson Shupe (Beacon Press, 1988).
The math doesn't work.
Wouldn't the "tithe" be $14.2 mil.?
Now if they’ll just stop offering porno in their hotel chains....
$202,000 in tithing money paid by a man convicted of bilking investors out of more than $142 million.
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Let’s see...
The guy got more than $142 million...
Which means he paid more than 14.2 million in tithes...
But only $202,000 is being paid back...
Hmmmmmmmmmmmmmmmmm
The Morg needs to fire their accountants and hire new ones...
What about the rest...the ah, $14 million ????
“the church has a policy of not profiting from alleged ill-gotten gains.”
Besides that extra $14 million, are they planning to give back the interest the Morg has accummulated from their many investments ???
Banks, hotels, debunked insurance companies, white elephant Malls, land grabs etc..
The Arapahoe County investor, accused of bilking dozens of investors of up to $20 million, served as a Mormon bishop for five years, making tithing payments — composing 10 percent of his income — to the church, LDS officials acknowledged Thursday. So the Utah-based church could eventually find itself paying back Merriman's donations to his victims if the funds are ultimately deemed by a court to be "ill-gotten" or fraudulent gains, said church spokeswoman Kim Farah........There are other ways Merriman's scheme may have steered money toward the church. He used part of his proceeds to amass hundreds of works by Renaissance artists and works by Rembrandt, displaying them in churches or church-sponsored facilities. It's possible, some LDS members say, that his exhibits lured other donations to the church merely out of appreciation....
Let's quit going on about the money; and get the details of THIS!!
Not GAVE???
Not GAVE???