LDS church joins effort to fight Utah financial scams
Concerned about the tidal wave of fraud sweeping over Utah that has reached an estimated $2 billion in purported scams, The Church of Jesus Christ of Latter-day Saints is stepping up to participate this year in an event that aims to erect a protective wall.
After skipping the first Fraud College conference in 2010, the church, whose members have been battered as victims of fraud, is sending Managing Director of Public Affairs Michael Otterson to speak at the Feb. 15 conference.
“It’s extremely significant,” said Brent Baker, a Salt Lake City securities attorney and one of the Fraud College organizers. “For the first time we’re going to hear an official statement by the LDS Church other than a diluted message about being good to your fellow man.”
Financial scams have come to light at alarming levels in Utah in the past four years. The recession pushed into the open schemes that are carried out through what’s known as affinity fraud, in which con artists exploit bonds of trust that form in groups of people who share beliefs or interests.
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I have not a clue about what the Mormons believe or how they live, Christian life on not. There is one thing that I do know you have to get the 2X4 out your own eye before working on the speck in other people's eyes. I am not accusing them of not doing this, I am just saying this is a must for us all!!!!!!!!
-MyrtlelinderI know a number of Mormons. They seem to be fairly trusting. I can see them getting taken for a ride.
-Esteban CafeIf Mormons are sufficiently gullible to believe all the crazy heretical doctrines propagated by their cult leadership, then it is no surprise that they are naive enough to fall for financial scams
-bighossMormons share this philosophy from the New Testament with all Christians: "Prove all things, hold fast to that which is good."
But we need to bring this up over the pulpit with a bit more intensity, since the greater percentage of those who are getting taken are the older widows who find something interesting and think it might possibly work.
"But as for me and my house, we shall just point and click 'delete!' "
-JhanDavis