Here's the description of the video:
This is a telephone conversation in 1978 between Sal Benoit, an elder in the Church in Boston and Witness Lee. Witness Lee admits to setting up a money laundering scheme to ensure that he made money even when DayStar failed. DayStar, a company which produced RVs, eventually went bankrupt due to the Iranian oil crisis during the 70s and many Christians in the Local Churches lost their life savings all the while Witness Lee's family was still able to profit.
During an elder's meeting, John Smith of San Diego confronted Witness Lee about this matter. Lee expressed no remorse and remarked that "the saints had lost their virginity".
http://www.laymansfellowship.com/pub...-PhoneCall.pdf
http://www.laymansfellowship.com/pub...chInBoston.pdf
More about Local Church History:
http://www.lordsrecovery.us/HistoryofHiding.pdf
Ezekiel 34:2-6
What sorrow awaits you shepherds who feed yourselves instead of your flocks. Shouldn't shepherds feed their sheep? You drink the milk, wear the wool, and butcher the best animals, but you let your flocks starve. You have not taken care of the weak. You have not tended the sick or bound up the injured. You have not gone looking for those who have wandered away and are lost. Instead, you have ruled them with harshness and cruelty. So my sheep have been scattered without a shepherd, and they are easy prey for any wild animal. They have wandered through all the mountains and all the hills, across the face of the earth, yet no one has gone to search for them.