Whistleblower Says Mormon Church Made Profit From $100 Billion ‘Clandestine Hedge Fund’ Meant for Charity
- last year
Religious organizations are tax exempt in the US, that’s due at least in part, to their charitable endeavors. Now a former investment manager for the Mormon church has become a whistleblower, saying they were using funds that were meant for charity to make a profit. Veuer’s Tony Spitz has the details.