In God we trust
A former LDS bishop is facing 10 criminal charges in his role in Utah's largest-ever Ponzi scheme (and that's saying something).William J. Hammons, 64, worked with Val E. Southwick, who ran the scheme that bilked 800 investors out of more than $180 million. At least one investor from Hammons' former ward said she prayed about where to invest her savings and concluded she should go to "Bishop Hammons."
So-called pyramid rackets are so prevalent in Utah that legal dictionaries are considering changing the term "Ponzi scheme" to "the Utah IQ test."
4 Comments:
We expect non-mormons to be criminals, but when a mormon bishop breaks the law, it's real news!
Wait, isn't the LDS Church a pyramid racket? Well, it's a racket nonetheless.
And I don't understand why our heavenly father would direct that woman to invest with Hammons. Apparently, our heavenly fatherherthat prayer. Either that or he was too busy playing bridge with Joe Smith in the Celestial Kingdom.
Wait, isn't the LDS Church a pyramid racket? Well, it's a racket nonetheless.
And I don't understand why our heavenly father would direct that woman to invest with Hammons. Apparently, our heavenly father didn't investigate Hammons before answering her prayer. Either that or he was too busy playing bridge with Joe Smith in the Celestial Kingdom.
gee the mormon church lied about the extent of its financial contribution to the prop 8 campaign. i would expect nothing less from its' bishops.
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