tornintwo: I am intrigued to know if there Is truly any evidence of financial irregularities in the Jehovah's Witness organisation or if any one or group are raking off funds or benefitting financially...?
On another thread about money, Oppostate had posted this:
oppostate: And there's all kinds of charities, insurances, funds, foundations and trusts at:
https://www.citizenaudit.org/?q=Jehovah%27s+witnesses
I visited that link and did a bit of looking around but i can't access any more documents. However, I will copy and paste what I had posted on the other thread about one of the companies at that link:
Oh geez. I randomly clicked on
"Two Copper Mountains Inc." just 'cause I thought it was a cool name and wondered what connection it could have with the JWs.
Well. That was interesting. Veeerrrry interesting.
It seems like a JW guy set up a private company to manage a "donation" of a piece of land worth about 1.2 million dollars.
Next thing that happens is that a guy - Robert Metts (a real estate dude) - made a large cash contribution of $325,000 to this private company, managed by the JW guy and his wife, that was 'holding' this donated land. Some of that large "donation" was disbursed to three Congregations of Jehovah's Witnesses.
Next, the land is "sold". For, apparently, "fair market value" of $260,000. The cost of the sale was $26,335, for a net loss of $1,029,455. The land was sold to G&F Farms. It must of been an opportune time to pick up land deals.
Next, various sums of money was disbursed to "4" Congegations of Jehovah's Witnesses for their "general funds".
Next, various sums of money was disbursed to "4" Congegations of Jehovah's Witnesses for their "general funds".
An interesting way of managing "donated land". And what was that big donation that came from a real estate guy all about? The guy who made a scoop on the sale of the land which ended up being sold for a huge loss? It sounds like somebody was making deals and making lots of money.