This is an archived article that was published on sltrib.com in 2017, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.
The LDS Church has agreed to return $150,000 of tithing received from Curtis and Michelle DeYoung stemming from their operation of a business that held self-directed IRA's from which Curtis DeYoung misappropriated nearly $25 million.
The church had been sued in federal court by the court-appointed receiver of the DeYoungs' company, American Pension Services, for return of $239,755 in donations. The receiver, Los Angeles attorney Diane Thompson, argued the money came from the DeYoungs' ill-gotten gains and should be returned.
The Church of Jesus Christ of Latter-day Saints countered, claiming in part that the receiver had to show that each transfer of money from APS to the DeYoungs was fraudulent.
The sides reached a settlement that was approved by the court last week.
Curtis DeYoung is serving a 10-year sentence at a federal prison in Florence, Colo., after pleading guilty to two charges. Michelle DeYoung was not charged but was named in a lawsuit brought against APS and the DeYoungs by the Securities and Exchange Commission.