A self-described whistleblower, whose December 2019 complaint to the IRS set off a firestorm of debate about how The Church of Jesus Christ of Latter-day Saints stashes and spends tens of billions of dollars, is now taking his fraud allegations to the U.S. Senate.
In a 90-page document submitted to the Senate Finance Committee and its Subcommittee on Taxes and IRS Oversight, David A. Nielsen shares what he says is “evidence of false statements, systematic accounting fraud” and violations of tax laws and other federal statutes by Ensign Peak Advisors, the Utah-based faith’s investment arm.
On Thursday, Religion Unplugged obtained and posted a copy of Neilsen’s new document, which it reported, “reframes and renews allegations about Ensign Peak Advisors and the…church” along with making several new accusations.
Nielsen, a former money manager at Salt Lake City-based EPA, explains why he is turning to the Senate, arguing that the committee’s failure to investigate would be a disservice to law-abiding taxpayers. He asserts that his former employer has dodged more than $20 billion in taxes.
“Ordinary taxpayers now see that, while they are expected to honor the tax laws, a double standard in enforcement exists with respect to a wealthy and politically connected organization such as EPA,” Nielsen states in the document. “If the IRS and [Department of Justice] do not hold EPA and its management...
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