> i don't see mormons running Ponzi schemes
WHAT LOL
From UtahBusiness (a Mormon-owned publication):
>Utah has a long-held reputation as the fraud capital of the nation. Per ponzitracker.com, Utah had the sixth most Ponzi schemes among all states from 2008–2018. Perhaps even more surprising is that Utah has around 1.35 Ponzi schemes per 100,000 people, making Utah the most fraud-ridden state per capita in the United States. To put it in perspective how bad Utah’s problem with financial fraud is, consider Florida. The Sunshine State has the second-most Ponzi schemes per capita, with an average of .51 Ponzi schemes per 100,000 people (63 percent less than Utah!).
https://www.utahbusiness.com/archive/2023/03/17/utah-and-white-collar-fraud/