Billion-dollar fraud and Ponzi schemes | 60 Minutes Full Episodes

2024 ж. 9 Мам.
1 775 707 Рет қаралды

From 2009, Steve Kroft's investigation of Marc Dreier's Ponzi scheme. Also from 2009, Kroft's interview with government agents fighting the $60 billion Medicare fraud industry. From 2012, Scott Pelley's report on stem cell fraud. And from 2010, Morley Safer's examination of how con artists deceive people.
#fraud #ponzischeme #crime
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0:00 Introduction
0:11 The Swindler
13:27 Medicare fraud
27:26 Stem Cell Fraud
43:44 Pigeon Fever

Пікірлер
  • The older I get, the more I watch situations I've come to the conclusion it's a very tough world for an honest person!

    @kgraham5820@kgraham58206 ай бұрын
    • I mean gee, it's so easy for liars to get money.

      @mimih23@mimih235 ай бұрын
    • Have u Every heard the saying try to be the only guy playing straight in a dirty game

      @bryanbelcher5785@bryanbelcher57855 ай бұрын
    • @@bryanbelcher5785 no, I haven’t heard that one...

      @kgraham5820@kgraham58205 ай бұрын
    • Medicare permits these fraud

      @conniegreenamyer6636@conniegreenamyer66365 ай бұрын
    • Medicare paid ? Medicare does not aware ?

      @conniegreenamyer6636@conniegreenamyer66365 ай бұрын
  • If that paper shredder could talk it would be worth a lot more than $25 🤣

    @therealgeoffm@therealgeoffm7 ай бұрын
    • Worth all the bricks of gold in Fort Knox to a prosecutor...lol

      @hammerdown3876@hammerdown38767 ай бұрын
    • 🤣

      @jonathanbatturs6359@jonathanbatturs63597 ай бұрын
    • @@jonathanbatturs6359gttvg

      @salidiallo6041@salidiallo604119 күн бұрын
  • They need to investigate every Clinic in Miami! The amount of corruption is ridiculous

    @scott331@scott3316 ай бұрын
    • HOUSTON, TX.

      @davidriley1482@davidriley14822 ай бұрын
    • ALL OF FLORIDA IS CORRUPT

      @alesmith4266@alesmith4266Ай бұрын
  • "Lack of resources" to investigate fraud. What a mind boggling statement.

    @Mark-vx5xm@Mark-vx5xm7 ай бұрын
  • "Something went off the tracks"...yeah, it's called greed.

    @moreofawave@moreofawave7 ай бұрын
  • so make a million dollars, go to jail for 4 years and done? that sounds like a better retirement plan that most gets

    @breadandbutter0080@breadandbutter00807 ай бұрын
    • Better than rape. That gets you 20 years and you earn nothing. If you wanna do crime, do ponzi not rape. Lol

      @AdrianCHOY@AdrianCHOY7 ай бұрын
    • keyword: beat the system.

      @dexterdextrow7248@dexterdextrow72487 ай бұрын
    • Wow, 400 million dollar Ponzi scheme?!!! Insane! The love of money is the root of evil!! GREED!

      @bbe3034@bbe30347 ай бұрын
    • sell weed go to jail for life

      @os2958@os29587 ай бұрын
    • the lawyer is still living a rich life confined in his own home

      @os2958@os29587 ай бұрын
  • Insurance companies need to be investigated

    @nitac.9444@nitac.94447 ай бұрын
    • every single rip off con artist is ENABLED by the FED Wall Street and banking rules. you can't blame a human for being greedy [thats called 'free will'] but you can blame the LAW ENFORCEMENT for their FAILURES. 2008-11 international collapse was HELD UP by the whole system of compromised greed

      @yarazooom@yarazooom6 ай бұрын
    • Workers comp included cuz I am pretty sure there's biases there too

      @Empress3587@Empress35876 ай бұрын
    • I work for an insurance co. On Medicare advantage insurance companies don't approve a provider's claim without Medicare approval. If the insurance denies it it's because Medicare denies it or vice versa. We are trained as well to report fraud to CMS if we suspect it. CMS should be one to get investigated!

      @m.belsygarcia3514@m.belsygarcia35145 ай бұрын
    • They should all be closed altogether.

      @redbaron9029@redbaron9029Ай бұрын
  • He is right: the more you show people you don't need money, the more you attract money.

    @shirleyharrington-moore9657@shirleyharrington-moore96577 ай бұрын
    • Like Prosperity Gospel taken to the extreme. Money down a attract money - to a point.

      @rebeccazegstroo6786@rebeccazegstroo67867 ай бұрын
    • Like Trump and his MAGA cult😂

      @mosestekper7659@mosestekper7659Ай бұрын
  • I worked at a casino for 4 years. If I over paid anyone over a hundred dollars I would be fired.. yet this guy's are still in charge 😂

    @relentlesshaggler909@relentlesshaggler9097 ай бұрын
    • Because those casinos are backed by the mob. Always have been!🙄

      @beverlyledbetter4906@beverlyledbetter49066 ай бұрын
  • Crazy. Not easy to get medicare to help mom get mobility scooter but others can get millions. Smh

    @dranoa9326@dranoa93267 ай бұрын
    • Move to Florida. Ron Desatan will help you get it for free

      @Underdog271@Underdog2717 ай бұрын
    • I hear you 100%..but!! You'd be surprised of why it's gotten so hard and it isn't the government nor the billionaires.

      @MrThejboe3oh5@MrThejboe3oh57 ай бұрын
    • @@MrThejboe3oh5 will who are they ????

      @DebbieAppelhans@DebbieAppelhans7 ай бұрын
    • Billionaires like Trump better pay their fair share, and their taxes !!

      @marietellez6021@marietellez60217 ай бұрын
    • @@marietellez6021 The rich avoid taxes by taking out loans based upon property. The value of the property value rises such that the loan gets rolled over since the value of the collateral rises. So instead of paying taxes on rising capital values spent as capital gains you are a debtor who has property. So by the magic of increasing debts and capital gains not being taken you avoid income taxes. Now you see how the swindle works and why many companies no longer pay out dividends.

      @kimobrien.@kimobrien.7 ай бұрын
  • Regular John Doe: steals $5,000.00 goes to hard core prison for 15 years. Wealthy John Doe: steals $400,000,000.00 goes to penthouse arrest for a little while.

    @devioux4082@devioux40827 ай бұрын
    • He got sentenced to 20 years in federal prison.

      @legacyShredder1@legacyShredder17 ай бұрын
    • ​@@legacyShredder1Club-Fed*

      @TheTwinkiefoot@TheTwinkiefoot6 ай бұрын
    • How's he gonna cope with other regular Joe's in prison....the judges are simply humane

      @kevinojiambo8148@kevinojiambo81483 ай бұрын
  • "I did something foolish" spoken like a true psychopath! He is only sorry for himself and the fact he got caught.

    @thomasinavolkman4456@thomasinavolkman44567 ай бұрын
    • Your opinion.

      @TobyTainerVlog@TobyTainerVlog7 ай бұрын
    • I fully agree with you. I commented before I read any other comments and found this general consensus to be very common.

      @ebutuoyssa@ebutuoyssa7 ай бұрын
    • ​@@TobyTainerVlogYou're his Daddy? How much have you stolen from ppl bud

      @mrj2394@mrj23947 ай бұрын
    • Well, I think he has regret. Most actual psychopaths never show regret for their actions as it relates to themselves or others. Most actual psychopaths usually try to justify their actions. Admitting you did wrong is actually indicative he's not a psychopath. It's sin, not a psychological condition. This is envy and pride.

      @grantgoldberg1663@grantgoldberg16637 ай бұрын
    • His tell is that he said he's humiliated by this stuff... not that his actions are heinous.

      @brendansullivan3408@brendansullivan34087 ай бұрын
  • my nerves would be shot if i ever did something even close to this. not to mention the guilt

    @genmanion2389@genmanion23897 ай бұрын
    • Yeah I think most people would be honestly. Having a conscience is a good thing. Fortunately most people are decent like that, but you truly can't trust everyone. Some people are wolves, others are sheep.

      @voteZDLR@voteZDLR6 ай бұрын
  • Selling your paintings to pay for house arrest... tough life.

    @johnpeterson4204@johnpeterson42047 ай бұрын
    • Rich people problems

      @justinwallace390@justinwallace3907 ай бұрын
    • It's his mother that paid for the house arrest. The paintings were probably confiscated to keep him from selling and bribing.

      @magnacz@magnacz7 ай бұрын
    • @magnacz everything was taking but his home. He can't afford it now but hopefully hw was smart an paidex his taxes ahead

      @ethanniedorowski116@ethanniedorowski1167 ай бұрын
    • I know. trapped in his penthouse with GPS and two 70k mnth officers sounds crazy bad time lol

      @ARNFjB@ARNFjB7 ай бұрын
    • Hunter will just paint more.

      @mikusoxlongius@mikusoxlongius6 ай бұрын
  • This guy thinks if he admits his crimes, all will be forgiven.

    @CJScrol@CJScrol7 ай бұрын
  • This is a man who thought everyone was stupid, but him. Unbelievable!

    @AJ-sr3hl@AJ-sr3hl7 ай бұрын
    • It seems from his demeanor during that interview he still thinks that.

      @jackie9190@jackie91907 ай бұрын
  • This is so hard to watch. These are the monsters who have ruined our country. NO forgiveness!

    @loris6413@loris64137 ай бұрын
    • And yet these are the people that get to sit out their sentences in their mansion while the petty thief sits in jail for a few years.

      @boremir3956@boremir39567 ай бұрын
    • Yes brother , forgiveness is needed for the blind, “ Forgive them Father for they know not what they do “ They are insane with a split mind from our Creator. Be Well and know we are all connected and need each other .❤

      @gloriahallelujah1118@gloriahallelujah11187 ай бұрын
    • ​@@boremir3956Bernie Madoff and this guy went to the same synagogue

      @TheOpenSociety777@TheOpenSociety7777 ай бұрын
    • All the people who were hurt, that's where the compassion should go, not to forgiveness for these crooks Trump included.

      @kathyjones274@kathyjones2747 ай бұрын
    • I agree democrats have pretty much destroyed America.

      @jeff-hh9mc@jeff-hh9mc7 ай бұрын
  • That Medicare lady was not gonna carry the blame. She had those rebuttals ready 😂

    @joshuablack1669@joshuablack16697 ай бұрын
    • What the hell are you taking about

      @mimiebeyer4695@mimiebeyer46957 ай бұрын
    • Well, they did just say that they only had 3 Medicare fraud investigators assigned to the entire state of Florida (I'm assuming at the airing of this back in 2009, unless I missed something). So, I don't blame her for throwing the government or Medicare under the bus for a lack of resources to combat fraud. If there is money to be stolen, thieves will take advantage of any kind of lack of oversights.

      @justinwallace390@justinwallace3907 ай бұрын
  • It always seem to boil down to one question, "How much is enough"? Power always seems to be the underlying cause.

    @freesparks1931@freesparks19317 ай бұрын
    • it calls greed

      @asiantrick24@asiantrick247 ай бұрын
    • One Jewish man has said, _"For what shall it profit a man, if he shall gain the whole world, and lose his own soul? Or what shall a man give in exchange for his soul?"_ (Mark 8:36-37)

      @DDEENY@DDEENY7 ай бұрын
  • These guys don't give a damn about the crimes they commit and the people they hurt -- they ONLY care about getting caught. Never satisfied and enough is never enough.

    @lindalb9519@lindalb95197 ай бұрын
    • I am certain that one day America will look back at Donald Trump the same way.

      @jefft5152@jefft51527 ай бұрын
    • So my question is why this man is not in a orange jumpsuit in a small small cell But if you robbed a bank without a gun for $2000 dollars you get 20 years

      @coryrogers846@coryrogers8467 ай бұрын
    • ​@@coryrogers846yes indeed...why is he not in jail ?

      @lydiapetra1211@lydiapetra12116 ай бұрын
    • ​@@jefft5152wow...after everything has came to light you still have tht mindset and trump is on your mind....how sad ..wow

      @2genders-tk2ue@2genders-tk2ue6 ай бұрын
  • The friggin greed. You only need 1 million for a big house and car…. But noo these fools just couldn’t leave it alone.

    @jayjohn9680@jayjohn96807 ай бұрын
  • It amazes me that someone can get 100 million dollars from a letter heading, and the lenders never got it checked out.

    @rogerward9492@rogerward94927 ай бұрын
    • No time to check on steadfastness and legalities. Busy with drinks & golfing & swinging parties. The usual suspects. Come on people, you know the people usually in news publications smiling and touting Christian values and very conservative views.

      @jakkimanzitti5031@jakkimanzitti50317 ай бұрын
    • He was a lawyer, so it bought him a lot of credibility.

      @mark33545@mark335457 ай бұрын
    • 💯

      @lenaely6146@lenaely61467 ай бұрын
    • While your 200k mortgage takes 16 documents and three weeks of review proving income, assets, payment record, criminal history and favorite flavor of ice scream!

      @matrices3987@matrices39877 ай бұрын
    • @@matrices3987With an orange face and 91 criminal charges

      @marietellez6021@marietellez60217 ай бұрын
  • He said, "The more you show people you didn't need money the easier it was to attract money." This explains why there are so many people who would have got scammed, falling into this trap, people don't like working hard and prefer to get an easy route to get money. If someone told me how easily they got money or high investment returns, I would stay away from that.

    @PurpleFlorence-du5ke@PurpleFlorence-du5ke6 ай бұрын
  • why pay taxes if our own government is this wreckless and stupid with OUR money

    @titoqwentezproductionz3406@titoqwentezproductionz34067 ай бұрын
    • This is about scams, nothing to do with the government.

      @Stormstorm1@Stormstorm17 ай бұрын
    • Yes, let's blame the victim. That's the mindset that allows someone to head the largest for-profit hospital system, one that defrauded Medicare, Medicaid & Tricare - which SETTLED at 1.7B in fines - to run for and win a gubernatxorial seat then a senatorial seat. Who, as senator, was leading the charge to sunset Social Security & Medicare. (The only silver lining is that said politician was tasked with heading senatorial elections and blew through the money he had access to with little to show for it. That committee might want to audit their books & if they were conned then that's on them for putting him in charge.)

      @sujimtangerines@sujimtangerines7 ай бұрын
    • who are you talking about? elaborate more please @@sujimtangerines

      @titoqwentezproductionz3406@titoqwentezproductionz34067 ай бұрын
    • That's okay... I'll stick with Medicare. The elderly who switched from a government run program to Medicare Advange (private insurance) are putting their lives on the line. The small-time crooks ripping off Medicare have nothing on the theives running private insurance.

      @Bargerland@Bargerland3 ай бұрын
    • @@sujimtangerines russia is evil

      @supme7558@supme7558Ай бұрын
  • 😂 the whole economic system is a ponzi scheme

    @user-gg7di3ti2y@user-gg7di3ti2y7 ай бұрын
    • 💯❤❤❤❤❤❤❤🙂

      @lenaely6146@lenaely61467 ай бұрын
    • That's soon going to crumble....seriously!

      @lastharvestPDR@lastharvestPDR7 ай бұрын
    • Yep, back to the Pre-industrial age soon

      @raevj@raevj7 ай бұрын
    • Yes, the United States government holds the prize for the longest running, most amount stolen ponzi scheme ever.

      @debbielwilliamson8546@debbielwilliamson85467 ай бұрын
    • Facts

      @ATeaNTea@ATeaNTea7 ай бұрын
  • If so much money is involved in fraud, it should be a piece of cake to assign a budget to fraud prevention and actually save lots of money.

    @lucmatter9601@lucmatter96017 ай бұрын
    • our government can't even manage themselves... let alone use logic like you just did to combat fraud...lol

      @hammerdown3876@hammerdown38767 ай бұрын
    • Exactly.

      @AMunoz-rh9cz@AMunoz-rh9cz7 ай бұрын
  • Life's biggest rules: work hard, be honest, and be happy with who you are

    @kenarthur6253@kenarthur62535 ай бұрын
    • And keep an ego in check.

      @Steve-gc5nt@Steve-gc5nt4 ай бұрын
    • not even the government are honest, what makes you think they'll cut you a break

      @draco2xx@draco2xx4 ай бұрын
    • @@Steve-gc5ntvery important.💯

      @RPYMCMB@RPYMCMB2 ай бұрын
  • And here it is, im hardworking and have paid all my bills on time for the past 25 years and if I asked for that type of loan, Id also be asked for proof as though i need a checkup from the proctologist.

    @freesparks1931@freesparks19317 ай бұрын
  • 70k per month?? What a racket! Electronic monitoring is normal for some violent criminals. Someone's brother/sister in law got their hands into that deal!

    @968porsche9@968porsche97 ай бұрын
  • Poor guy got house arrest in a $10M penthouse.

    @kenbob1071@kenbob10717 ай бұрын
    • he got 20 years in a federal prison

      @ggurks@ggurks2 ай бұрын
  • This guy is doing a service for all of us to show how even in our own way, we dig ourselves into a hole

    @theresachung703@theresachung7035 ай бұрын
  • I had a neighbor years ago whose husband was charged for a hysterectomy. When she complained to Medicare, they said it was too late, they paid the claim. (Hint: Men don’t get hysterectomies) My mother gets more Covid tests that she doesn’t want or need, that she never asked for.

    @John_GGG@John_GGG7 ай бұрын
  • Omg, he was doing "charities " with all the celebrities i knew were FOS lmfao

    @Infinitebrandon@Infinitebrandon7 ай бұрын
  • This has been a fascinating interview. Thank you 60 minutes!

    @greywar777@greywar7777 ай бұрын
  • "I wanted to be as important as I thought I deserved to be" and these are the people saying the youth of today are the most entitled Typical criminals scapegoating the victims of their schemes

    @need4sneed1234@need4sneed12347 ай бұрын
  • The guy speaks of his crime without shame, guilt or any remorse... He would do it again without thinking about it if he could... I am nearly impressed about his character!

    @rememberyourpower@rememberyourpower6 ай бұрын
    • Classic psychopath. He is.

      @adjustedfate@adjustedfate5 ай бұрын
    • @@adjustedfatesociopath, psychopaths do not know the difference between right and wrong…. Are too crazy.

      @ranakeen9884@ranakeen98844 ай бұрын
    • ONLY ONE GROUP OF PEOPLE ARE EXTREMELY FAMOUS IN #FINANCIAL_CRIMES #GLOBALLY SINCE 9TH CENTURY 24/7/365

      @Canada-1958@Canada-19584 ай бұрын
    • ONLY ONE GROUP OF PEOPLE ARE EXTREMELY FAMOUS IN #FINANCIAL_CRIMES #GLOBALLY SINCE 9TH CENTURY 24/7/365

      @Canada-1958@Canada-19584 ай бұрын
  • He was full of greed and made a deal with the devil. What a shame he is truly a horrible human that makes bad choices.

    @LB-gj1yd@LB-gj1yd7 ай бұрын
  • I am sickened by how easily people are drawn to the flames by the famous faces associated with these traps for the foolish. Those famous faces are paid to provide a cameo appearance and the average person is suckered into a scheme. The more famous faces that are paraded the less likely the business is legitimate.

    @baddoggie101@baddoggie1017 ай бұрын
    • yeah so true.....it reminds me of the FTX Crypto circus 😂😂😂

      @davidfanai6174@davidfanai61747 ай бұрын
    • Money the root of all evil

      @marietellez6021@marietellez60217 ай бұрын
    • ​@@davidfanai6174Sam Bankman Fried, Bernie Madoff and Mark Drier are all members of the same synagogue.

      @TheOpenSociety777@TheOpenSociety7777 ай бұрын
    • True but remember mostly good people are this trusting , not greedy like a lot of people believe. Still golden rule is if it’s too good to be true, it usually is.

      @rafalIL29@rafalIL297 ай бұрын
    • Not a legitimate way to view the world. That's a very blind, bias, way to look at it. A better way is to DO YOUR OWN RESEARCH, and then just follow the money. This is the only pure way to evaluate anything that deals with financial health. Just looking at how famous the endorsers are is ludicrous at best.

      @appkeytechology@appkeytechology7 ай бұрын
  • “I get the feeling you don’t have many emotions” “Watch this, I can sniffle.”

    @lovetodocoolstuff9309@lovetodocoolstuff93097 ай бұрын
  • Interesting that for Marc Dreier, the opposite of "something good I've done" is not "something bad I've done," but "something humiliating I've done." In other words, "It's about me being embarrassed because I got caught," not accepting his objectively bad acts as bad.

    @FigaroHey@FigaroHey7 ай бұрын
    • Drier & Madoff: Smooth criminals

      @abdu1wahid105@abdu1wahid1055 ай бұрын
  • And stealing identity, stealing patient records...I've had that happen twice now...😟

    @speakeasy9429@speakeasy94297 ай бұрын
  • “The love of money”, add arrogance, entitlement and “never being told no as a child by his mom who is paying the money for his house arrest” and you get this guy and others like him.

    @mattiewilliams1138@mattiewilliams11386 ай бұрын
  • My mum told me when a was a young girl ,that money is the root of all evil….I used to smile…….I miss her.

    @iap-ug3oy@iap-ug3oy7 ай бұрын
    • Pride and greed is the root of all evil. Money is neutral. It's a tool just like a hammer

      @goo1358@goo13586 ай бұрын
    • Not having money is also the root of all evil I think......

      @annetteelliott1494@annetteelliott14945 ай бұрын
  • the more money involved the less willingness to ask questions...how telling that is! business staying open without a single customer....

    @vicccey1345@vicccey13457 ай бұрын
  • I once was working for a company for several years, before I found out they did something illegal. they got themselves out of it, but it's quite shocking, to realize that you were a unknowingly a party to something illegal, as an employee.

    @normbograham@normbograham7 ай бұрын
    • Yes! I discovered I was a main financial backer for illegal drugs being grown in the WW2 NUCLEAR TUNNELS vis my EDF Electrics. EDF gave me multiple accounts for just one meter in one semi. 7+ years later after trying to reconnect my electricity 🔌 to get back onto the GRID, EDF insisted I was showing up as a HMO on a Multi Complex Metering System! When in fact, I did not have any meters in my house as I shut down over 7+ years before EDF - Southern Water & British Gas. I later discovered multi accounts also for each of my three utilities. I removed British Gas first after my boiler died. A year later a team of 3 men from British Gas returned:- 1 DUG up 2 deep holes in front garden - 2nd jumped into hole to do something (mechanical or technical = cyber) 3rd asked to come in with his British Gas Cyber Tablet (Verbatim Quote) "Right now your registering as using a hell of a lot of gas"! I replied:- "Oh No!". "It's a fair cop"! "You've caught me hacking into the GRID"! "Sorry, I'm only living up to my name = InGRID 😭😔

      @IngridLiseLarssen-hm4pr@IngridLiseLarssen-hm4pr7 ай бұрын
    • Most employees are clueless to what they're doing... then there are those that are well aware.

      @junglekutz5625@junglekutz56257 ай бұрын
    • Your only as good as the Company you keep, Professionally, Personality, Socially....

      @hotrox2150@hotrox21507 ай бұрын
    • @@hotrox2150 Their clients were banks. But, it's happened before, that a small company forged thousands of signatures, because they lost them. The company is now out of business.

      @normbograham@normbograham7 ай бұрын
  • 1. Destroying people’s dreams, taking their last bits of savings. Eternal shame. 2. Medicare 😂what a joke 3. That Dr.Eklund fella should never have another day he enjoys himself.

    @CamMacMastermusic@CamMacMastermusic6 ай бұрын
  • I was missed diagnosed 9 years ago. Went to the emergency room 3 times and was told I was having an anxiety attack, another doctor told my husband there was absolutely nothing wrong with me, and I needed to start seeing a therapist. Even had one doctor saying i was going through empty nest syndrome because 2 of my children moved out at the same time. A week later, I was being life flight out of the same emergency room from a blood clot in my left lung, left kidney, and aorta. Along with septic shock from an ulcer that perforated stomach. My family was told I probably won't make the 6 minute flight to another that can treat me.

    @missybecka4701@missybecka47017 ай бұрын
    • Wow !!!! Sue them!

      @HOSPEHLOSHEPH@HOSPEHLOSHEPH7 ай бұрын
    • Thank god your still with us 🙏❤️

      @fortunatelytea@fortunatelytea7 ай бұрын
    • You can’t sue after you sign for treatment smh 🤦🏽‍♀️

      @fortunatelytea@fortunatelytea7 ай бұрын
    • Over 30 years ago it cost $50k to Medivac a medical patient from SE Alaska to a Seattle Hospital 🏥

      @bonniejosavland3227@bonniejosavland32277 ай бұрын
    • WOW!! How are you feeling today 2023 of October?

      @winros@winros6 ай бұрын
  • All the federal government had to do is start a department of street auditors whose job it is to visit clinics in person. It would cost a mere FRACTION of what it is losing now to fraud.

    @theLampSA@theLampSA7 ай бұрын
    • EXACTLY!!!

      @ihatesignupsgrrrrrrr@ihatesignupsgrrrrrrr7 ай бұрын
    • They could even hire local law enforcement to do checks in their spare time, to enforce the law, then when questionable activity is found, send a federal auditor.... EASY!

      @ihatesignupsgrrrrrrr@ihatesignupsgrrrrrrr7 ай бұрын
  • I've been saying this for decades!! Why now do they jump on it?🤔

    @speakeasy9429@speakeasy94297 ай бұрын
    • Religion is a means and ways of money laundering.

      @dianahill5116@dianahill51167 ай бұрын
  • 60-minute absolutely one of the best shows ever 😮

    @henrysantos121@henrysantos121Ай бұрын
  • Thank you 60 minutes for reporting on this. All criminals should be arrested by the police, Prosecuted, Convicted, and given a Life sentence in prison.

    @dhowto3005@dhowto30056 ай бұрын
    • What if the criminals are the popo?

      @bavykieng7777@bavykieng77775 ай бұрын
  • 😯 WOW! These 60-Minutes-Segments about Fraud did answer alot of questions for me. Thanks! & 🤗 Hugs to ya!

    @susanwade4796@susanwade47967 ай бұрын
  • Politicians are clearly involved in allowing this to continue

    @Viper881@Viper8817 ай бұрын
    • Religion is a means and ways of money laundering.

      @dianahill5116@dianahill51167 ай бұрын
    • Yes, absolutely!! They know these unknown facts we all know now after this Medicare fraud exposure. And how to scam it. Disgusting greed!

      @michelebushnik2874@michelebushnik28747 ай бұрын
    • Ron Desatan, Donald Trump, George W Bush, Ronald Reagan

      @Underdog271@Underdog2717 ай бұрын
    • Biden, Clinton , Obama….

      @mmacwebb7306@mmacwebb73067 ай бұрын
    • Never enough consequences…Washington is FULL OF CRIMINALS

      @raevj@raevj7 ай бұрын
  • Listening to this and looking that I was denied a 10,000 loan to fix our ac/heating system I’m just sick that people get away with.

    @deidrajames4258@deidrajames42586 ай бұрын
    • Who needs 10k for AC system?. You need to shop around for prices.

      @manuelgonzalez3644@manuelgonzalez36442 ай бұрын
  • I’m a retired Prosecutor and Judge. I earned less per year than this crook paid his underlings. But, I can sleep at night and look myself in the mirror and not see a creep looking back at me. I wonder if this guy thinks all the money he stole and used was worth his prison time.

    @moodiblues2@moodiblues27 ай бұрын
    • How can we be so light on white collar crimes? It's seems they take a prison vacay and get out rich through hidden money and live easy living until they die. Ppl will exchange living rich for a couple years in the big brother house. I wish ppl would learn that whatever collar crimes actually ruin ppls lives, and as society as a whole hurts all of us

      @shable1436@shable14367 ай бұрын
  • Okay if mommy can pay $75,000 a month. Can someone tell me why is this dude so damn greedy?

    @armanitransport2604@armanitransport26047 ай бұрын
    • Because he gave her that money before he got busted.

      @mrwilliamwonder@mrwilliamwonder7 ай бұрын
  • When being Rich, simply isn't good enough! smh

    @ziddi2603@ziddi26037 ай бұрын
    • Religion is a means and ways of money laundering.

      @dianahill5116@dianahill51167 ай бұрын
  • No one talks about the biggest ponzi scheme of all...Social Security.

    @markbrown8097@markbrown80977 ай бұрын
    • Oh, it's being TALKED ABOUT. Thing is, nothing is being done to FIX it.

      @Sheshe661972@Sheshe6619724 ай бұрын
    • Lol you know why 😂

      @StijnNLDutch@StijnNLDutchАй бұрын
  • He had it all. What do you need a yacht for??? If you have a toilet, a toothbrush and running water you automatically are better off than 2 billion other people. This is ego and envy the cure for which is gratitude.

    @grantgoldberg1663@grantgoldberg16637 ай бұрын
    • I wouldn't want a yacht or boat. It's too much money to keep up with. I also don't like to be on the water too far off from the shore.

      @arfriedman4577@arfriedman45772 ай бұрын
  • $100 per hour for private jailers. The people standing guard probably got $20 hr. But, easy money!

    @968porsche9@968porsche97 ай бұрын
  • I once heard a report that the annual budget of the Securities Exchange Commision was only a fraction of the budget of the Dept of Agriculture. I knew right then why white collar crime is so prevalent.

    @RidingwithStymie@RidingwithStymie7 ай бұрын
    • The FBI white collar crime division was mostly raided so everyone could move to Anti-Terrorism after 9/11. So there is no cop on the beat at FBI.

      @grumpystiltskin@grumpystiltskin7 ай бұрын
    • The Agricultural depth seems to be a front. Strange legislations lately.

      @357CLOUDY@357CLOUDY7 ай бұрын
    • Lĺlllĺĺ

      @jimhodgson3407@jimhodgson34077 ай бұрын
    • Those are subsidies to Am. farmers, to manipulate prices at Walmart ( lower for your person ) and to crush overseas competition in food production, most negative effects for African farmers

      @server1ok@server1ok7 ай бұрын
    • Yeah right, more money would help, but not in the way you would imagine...

      @prostytroll@prostytroll7 ай бұрын
  • It’s sad and disappointing that so many people prey on others. It’s crazy that someone would take advantage of people as their job or way of earning.

    @kickstandsup_moto@kickstandsup_moto7 ай бұрын
    • I have been robbed on my death bed by the only 4 people who were supposed to take care of me. If ever again, someone take as little as a toothpick from me wi.thout p.ermission, I don't know what will happen next. People are CRI.MINALS, not just sad and di.sappointing.

      @EEE-jb4zw@EEE-jb4zw7 ай бұрын
    • ​@@EEE-jb4zwsorry to hear this. It is sad.

      @ksoss1@ksoss17 ай бұрын
    • ​@EEE-jb4zw I know these words could never help but, I pray circumstances improve for you and those involved are held accountable.

      @nettenee9926@nettenee99266 ай бұрын
    • Pop l

      @karenorungbe9920@karenorungbe99206 ай бұрын
    • Llllo lol o

      @karenorungbe9920@karenorungbe99206 ай бұрын
  • With the sophistication of American tech, there is no excuse for this easy fraud, unless those on the inside are either involved or directly frauding too

    @chicagoresident973@chicagoresident9737 ай бұрын
    • Of course they are. Don't try to get in on their action either.

      @mystiquesquared@mystiquesquared7 ай бұрын
    • You know it.

      @kimberlys.t.7206@kimberlys.t.72067 ай бұрын
    • @@kimberlys.t.7206 👏🏼✌🏼

      @chicagoresident973@chicagoresident9737 ай бұрын
  • After watching this interview. How many other super wealthy are really guilty of a similar fraud as this guy. 🤔

    @jewel58s@jewel58s7 ай бұрын
  • Locked in his penthouse……put him in jail with bubba and Leroy.

    @ghostman6074@ghostman60747 ай бұрын
  • I had hired one of his lawyers a couple of weeks before the scandal was exposed. I went into that building and up to a high floor to meet with my guy, who didn't charge me because I'm a musician and he said "Seeing that an artist doesn't get ripped off is my reward." Next thing I know the building is shut, my guy doesn't work there anymore and this guy is on the front page of every newspaper for fraud, boom. Just so everybody knows not all high-priced lawyers are about the money and nothing else. Some people, though!😮😮😮😮😮😮

    @JoshMaxPower@JoshMaxPower7 ай бұрын
    • Michael Avenatti

      @cromeromail@cromeromail7 ай бұрын
    • What happened to your lawyer? I'm sure they went through a lot too.

      @mimih23@mimih235 ай бұрын
    • Lawyer taking Intrinsic reward alone 😬 yeah that’s a big red flag

      @beckybnyc322@beckybnyc3224 ай бұрын
  • “Clearly if I could have gotten out of it, I would.” Clearly you could have told the truth and stopped your scam. Clearly.

    @leebatt7964@leebatt79647 ай бұрын
  • Marc Dreier serving his time in his multi-million dollar mansion... It's called TWO-TIERED JUSTICE!

    @ihatesignupsgrrrrrrr@ihatesignupsgrrrrrrr7 ай бұрын
    • Use Google before screaming two-tiered anything. God damn. He went to a real prison.

      @legacyShredder1@legacyShredder17 ай бұрын
  • People complain about why they are not being caught, but remember you voted for smaller government so like meat inspectors they don’t have enough enforcement people to catch them!!

    @ljordan15@ljordan157 ай бұрын
    • Vote blue 💙

      @kathyjones274@kathyjones2747 ай бұрын
  • The sentence he was given is also a huge crime. He deserved a much lengthier sentence. He has no conscience......

    @funwithFred@funwithFred7 ай бұрын
  • Unbelievable, the ego he must of needed to feed!

    @bugsea54@bugsea547 ай бұрын
  • The willingness of people to hand over theirs and other peoples money to an imaginary person to make them rich. People are stupid.

    @JamesRichardWiley@JamesRichardWiley7 ай бұрын
    • Just imagine of trump supporters still giving money to traitor Trump for his campaign 😂

      @catrashoo@catrashoo7 ай бұрын
    • .

      @lenaely6146@lenaely61467 ай бұрын
    • Truly Intelligent people are rarely financially wealthy... They are smart enough to understand that the middle class is the road to the best life. It takes a certain level of ignorance to reach that amount of money. They do say ignorance is bliss 🤷

      @MrThejboe3oh5@MrThejboe3oh57 ай бұрын
    • ​@@catrashooseriously...look at Biden opened up the border ...can you imagine a country with open borders??...it's insane

      @lydiapetra1211@lydiapetra12116 ай бұрын
  • Is it just Medicaid or is it other medical insurance companies also?

    @tracycottrell5146@tracycottrell51467 ай бұрын
    • Medicaid and Medicare only. The government pays out by law within a limited period of time but other private health insurance providers like Humana or blue cross blue shield would jump on the fraudulent claims like white on rice.

      @ranakeen9884@ranakeen98847 ай бұрын
  • The good old days of 60 minutes, back when real journalism really existed on ABC, CBS, or NBC.

    @jozette-pierce@jozette-pierce6 ай бұрын
    • Lmao, now tell me when this came out

      @Jboooy18@Jboooy186 ай бұрын
    • @@Jboooy18 According to the bottom right of the screen, October 2009.

      @SapiophileGoddess@SapiophileGoddess4 ай бұрын
  • There's no oversight because everyone has their paws in the till...

    @irishlady30@irishlady307 ай бұрын
  • Greed on both sides is the only way this scheme can flourish

    @karlolsson6505@karlolsson65057 ай бұрын
  • This is when lawyers turn gangster...

    @genepatrickvi8377@genepatrickvi83777 ай бұрын
  • Interesting interview, thank you for exposing all those scams artist ❤

    @evawilliam2265@evawilliam22656 ай бұрын
  • It is frustrating that people tend to give more money people who already have it but there’s good reasons for that.

    @shanecrump7932@shanecrump79327 ай бұрын
  • I had a front row seat to this type of behaviour. My ex husband, a chartered accountant and his lawyer. I left the practice and him and 2 years later, they were both in front of a judge and are now both disbarred. It happens all the time, just not always on this scale. Besides both of their cases, I knew of three other cases in town.

    @TheAccidentalViking@TheAccidentalViking7 ай бұрын
  • The first one - lawyer man - is very interesting as he had it all but admits he got greedy.. If it weren't so awful, his ability to keep all those things going and appear in court and be a good lawyer is amazing - what a waste of a life. He is out in 2026

    @janesmith9024@janesmith90247 ай бұрын
    • Well at least he kept it real. Something that most would still be claiming, not guilty, had no clue and or make up some entire story that sounds crazier than what they've done.

      @junglekutz5625@junglekutz56257 ай бұрын
    • Greedy 1% scams another greedy 1%.

      @Kingofthehill84@Kingofthehill847 ай бұрын
    • White collar crimes where they make millions, hide it, pull a couple years at the pen hotel w free food, then get out and live rest of life rich. I would do it in a heartbeat, but I'm 50 and too honest

      @shable1436@shable14367 ай бұрын
    • Can you imagine the anxiety? I’m too lazy. I love to sleep at night lol

      @londoncalling1803@londoncalling18037 ай бұрын
    • Sounds like this guy worked harder to steal a nickel than he would have to earn a dime. Congrats to him.

      @MethodiousMind@MethodiousMind7 ай бұрын
  • Thanks for posting entire episode blasts from the past

    @MethodiousMind@MethodiousMind7 ай бұрын
  • This is the same problem many politicians have once they get to Washington, DC, they become consumed by greed and easy money by either accepting bribes also known as selling access to “donors” and then use that money to illegally do insider stock trading and in doing so they lose all their integrity and morals. It is a real problem and these politicians need to be arrested by the Federal Bureau of Investigation and prosecuted by the DOJ and if those trusted to be put in charge of those law enforcement institutions are also compromised too and doing the same thing they too need to be prosecuted also.

    @rdp4654@rdp46547 ай бұрын
  • When you have that much money, you don't have any friends. Something people don't seem to realize.

    @koshakuguides9863@koshakuguides98637 ай бұрын
  • This is such BS. This guy isn’t remorseful. He got caught exercising the entitlement his peers enjoy everyday. Wasn’t thinking clearly… 🤣 Please!!!

    @LeaverWild@LeaverWild7 ай бұрын
    • Full of criminals & psychopaths in banking, law, & politics.

      @raevj@raevj7 ай бұрын
  • Twenty years for destroying all those lives...he should get life without parole.

    @abelincoln3261@abelincoln32617 ай бұрын
    • Religion is a means and ways of money laundering.

      @dianahill5116@dianahill51167 ай бұрын
  • I know he did wrong ,but takes a real man to tell the truth ❤

    @guybachar9112@guybachar91127 ай бұрын
  • Had a boyfriend who could cry on demand to get what he wanted. Turned it off as soon as he succeeded.

    @lynnebucher6537@lynnebucher65377 ай бұрын
  • Success never feels on the inside how one imagines it feels from the outside. When you let your ego become obsessed with that imagined feeling in your mind, you begin sacrificing your humanity.

    @BluetheRaccoon@BluetheRaccoon7 ай бұрын
    • That's the trade the Devil gives them. Their humanity and soul for immense wealth and all the luxury that that wealth provides. I'd wager that easily better than half of the individuals in Wall Street firms that make the millions that they make, would choose keeping that money over saving their own mother from a certain death, if given the choice.

      @NorseMan633@NorseMan6337 ай бұрын
  • The con game Who’s next in on the con game? Greed just pure greed.

    @UBETUBEME@UBETUBEME7 ай бұрын
    • Trump been at Trump greedy money 💰 🤑 💸 think they know each other

      @DebbieAppelhans@DebbieAppelhans7 ай бұрын
    • Or maybe just another one of "The 7 Deadly Sins"

      @hotrox2150@hotrox21507 ай бұрын
  • 20 years a slap on the hand .

    @CC-hv5hk@CC-hv5hk7 ай бұрын
  • I'm having a difficult time getting the funding I applied for for college. I should have asked for billions, sounds like I would have had a better chance.

    @TheDerangedBlood@TheDerangedBlood7 ай бұрын
  • All criminals say this one time and I'm out but they never do get out

    @abelincoln3261@abelincoln32617 ай бұрын
  • I got as far as "the $70,000 monthly fee being paid by his mother" before I threw-up in my mouth. For we mere mortals, its difficult - if not impossible - to imagine what such a life must be... to find any kind of compassion for people such as this. "$70,000 a month." Good Lord!

    @rev.jonathanglass-riley7669@rev.jonathanglass-riley76697 ай бұрын
    • He could be remanded I jail. He's lucky he has the option, or his mother did.

      @therealrobertbirchall@therealrobertbirchall7 ай бұрын
    • Dude I’ve done house arrest before and it only cost me $25 for the unit and charging station, plus a monthly fee of like $50… granted I was only being ran up on low level baby felonies but still. This is crazy what company is allowed to operate like that?! I want to start a gps ankle monitoring bussiness and sit back and take all the white collar millionaires the court throws my way :)

      @Donaldtrumpsfavoritefigh-jy3hs@Donaldtrumpsfavoritefigh-jy3hs7 ай бұрын
  • 'Im profoundly sorry" * I got caught. What a despicable person!! 🤥

    @plantgirl146@plantgirl1467 ай бұрын
  • It is better to take many small steps in the right direction than to make a great leap forward only to stumble backward.

    @user-mh4qh8sv2x@user-mh4qh8sv2x7 ай бұрын
  • Sam Bankman Fried, your next show.😂

    @tommyboy1653@tommyboy16537 ай бұрын
    • Well Well Well

      @madbitcrypto@madbitcrypto7 ай бұрын
  • And they say crime doesn’t pay. I beg to differ😏

    @RaeBattleRapsMood@RaeBattleRapsMood7 ай бұрын
    • Crime pays in the short term. Usually a poor long term strategy.

      @grumpystiltskin@grumpystiltskin7 ай бұрын
  • Thank you 60 Minutes!!

    @valentinasylvester4709@valentinasylvester4709Ай бұрын
  • It is amazing how these guys can pull of these big ponzi schemes.

    @chevypreps6417@chevypreps64176 ай бұрын
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