Mormon whistleblower exposes church's questionable financial practices on '60 Minutes'.

A former portfolio manager at Ensign Peak Advisors, the investment arm of the LDS Church, has alleged that the church has built a reserve fund worth north of $100 billion and has violated its tax-exempt status in doing so. In his first on-camera interview, the whistleblower sounded sincere when he said, “I thought I was going to work for a charity … and the funds were never used for that.” The CBS newsmagazine let the church have its say, but a high-ranking church official looked evasive and the church did not come off looking good. The report revealed that the church went to “great lengths” to hide $32 billion in securities over 20 years, creating 13 shell companies.