Former LDS stake president charged with tricking fellow church members out of $1.5M

A Kaysville man allegedly used his position in the LDS Church to bilk friends and fellow church members out of $1.5 million, according to a federal indictment unsealed Wednesday.

Robert Glen Mouritsen, 71, has been charged with three counts of wire fraud and three counts of money laundering in a phony investment scheme, which he began in 2006, according to the indictment. It says Mouritsen — who was a stake president in The Church of Jesus Christ of Latter-day Saints in Kaysville from 1989 to 1997 — used his “position of prominence to induce friends and fellow church members to give him money to further a financial fraud scheme he called ‘The Project.’” Stake presidents oversee groups of Mormon congregations.

The Mormon church has always been a business and a sex cult. I see nothing different from this individual's actions, than how the Mormon church operates as a whole. I hate to see church organizations operate in this manner.