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

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  • Опубліковано 11 тра 2024
  • 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

КОМЕНТАРІ • 1,7 тис.

  • @kgraham5820
    @kgraham5820 6 місяців тому +406

    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!

    • @mimih23
      @mimih23 5 місяців тому +18

      I mean gee, it's so easy for liars to get money.

    • @bryanbelcher5785
      @bryanbelcher5785 5 місяців тому +10

      Have u Every heard the saying try to be the only guy playing straight in a dirty game

    • @kgraham5820
      @kgraham5820 5 місяців тому +2

      @@bryanbelcher5785 no, I haven’t heard that one...

    • @conniegreenamyer6636
      @conniegreenamyer6636 5 місяців тому

      Medicare permits these fraud

    • @conniegreenamyer6636
      @conniegreenamyer6636 5 місяців тому

      Medicare paid ?
      Medicare does not aware ?

  • @therealgeoffm
    @therealgeoffm 7 місяців тому +107

    If that paper shredder could talk it would be worth a lot more than $25 🤣

  • @scott331
    @scott331 6 місяців тому +119

    They need to investigate every Clinic in Miami! The amount of corruption is ridiculous

  • @nitac.9444
    @nitac.9444 7 місяців тому +197

    Insurance companies need to be investigated

    • @yarazooom
      @yarazooom 6 місяців тому

      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

    • @Empress3587
      @Empress3587 6 місяців тому +11

      Workers comp included cuz I am pretty sure there's biases there too

    • @m.belsygarcia3514
      @m.belsygarcia3514 5 місяців тому

      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!

    • @redbaron9029
      @redbaron9029 Місяць тому

      They should all be closed altogether.

  • @moreofawave
    @moreofawave 7 місяців тому +77

    "Something went off the tracks"...yeah, it's called greed.

  • @breadandbutter0080
    @breadandbutter0080 7 місяців тому +269

    so make a million dollars, go to jail for 4 years and done? that sounds like a better retirement plan that most gets

    • @AdrianCHOY
      @AdrianCHOY 7 місяців тому

      Better than rape. That gets you 20 years and you earn nothing. If you wanna do crime, do ponzi not rape. Lol

    • @dexterdextrow7248
      @dexterdextrow7248 7 місяців тому +9

      keyword: beat the system.

    • @bbe3034
      @bbe3034 7 місяців тому

      Wow, 400 million dollar Ponzi scheme?!!! Insane! The love of money is the root of evil!! GREED!

    • @os2958
      @os2958 7 місяців тому +27

      sell weed go to jail for life

    • @os2958
      @os2958 7 місяців тому +14

      the lawyer is still living a rich life confined in his own home

  • @Mark-vx5xm
    @Mark-vx5xm 7 місяців тому +13

    "Lack of resources" to investigate fraud. What a mind boggling statement.

  • @shirleyharrington-moore9657
    @shirleyharrington-moore9657 7 місяців тому +58

    He is right: the more you show people you don't need money, the more you attract money.

    • @rebeccazegstroo6786
      @rebeccazegstroo6786 7 місяців тому +3

      Like Prosperity Gospel taken to the extreme. Money down a attract money - to a point.

    • @mosestekper7659
      @mosestekper7659 Місяць тому +1

      Like Trump and his MAGA cult😂

  • @relentlesshaggler909
    @relentlesshaggler909 7 місяців тому +134

    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 😂

    • @beverlyledbetter4906
      @beverlyledbetter4906 6 місяців тому

      Because those casinos are backed by the mob. Always have been!🙄

  • @genmanion2389
    @genmanion2389 7 місяців тому +32

    my nerves would be shot if i ever did something even close to this. not to mention the guilt

    • @voteZDLR
      @voteZDLR 7 місяців тому +1

      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.

  • @thomasinavolkman4456
    @thomasinavolkman4456 7 місяців тому +114

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

    • @TobyTainerVlog
      @TobyTainerVlog 7 місяців тому +2

      Your opinion.

    • @ebutuoyssa
      @ebutuoyssa 7 місяців тому +4

      I fully agree with you. I commented before I read any other comments and found this general consensus to be very common.

    • @mrj2394
      @mrj2394 7 місяців тому +4

      ​@@TobyTainerVlogYou're his Daddy? How much have you stolen from ppl bud

    • @grantgoldberg1663
      @grantgoldberg1663 7 місяців тому +1

      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.

    • @brendansullivan3408
      @brendansullivan3408 7 місяців тому +3

      His tell is that he said he's humiliated by this stuff... not that his actions are heinous.

  • @AJ-sr3hl
    @AJ-sr3hl 7 місяців тому +22

    This is a man who thought everyone was stupid, but him. Unbelievable!

    • @jackie9190
      @jackie9190 7 місяців тому +1

      It seems from his demeanor during that interview he still thinks that.

  • @dranoa9326
    @dranoa9326 7 місяців тому +208

    Crazy. Not easy to get medicare to help mom get mobility scooter but others can get millions. Smh

    • @Underdog271
      @Underdog271 7 місяців тому +8

      Move to Florida. Ron Desatan will help you get it for free

    • @MrThejboe3oh5
      @MrThejboe3oh5 7 місяців тому +3

      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.

    • @DebbieAppelhans
      @DebbieAppelhans 7 місяців тому +2

      @@MrThejboe3oh5 will who are they ????

    • @marietellez6021
      @marietellez6021 7 місяців тому +5

      Billionaires like Trump better pay their fair share, and their taxes !!

    • @kimobrien.
      @kimobrien. 7 місяців тому

      @@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.

  • @loris6413
    @loris6413 7 місяців тому +169

    This is so hard to watch. These are the monsters who have ruined our country. NO forgiveness!

    • @boremir3956
      @boremir3956 7 місяців тому +28

      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.

    • @gloriahallelujah1118
      @gloriahallelujah1118 7 місяців тому +1

      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 .❤

    • @TheOpenSociety777
      @TheOpenSociety777 7 місяців тому +11

      ​@@boremir3956Bernie Madoff and this guy went to the same synagogue

    • @kathyjones274
      @kathyjones274 7 місяців тому +12

      All the people who were hurt, that's where the compassion should go, not to forgiveness for these crooks Trump included.

    • @jeff-hh9mc
      @jeff-hh9mc 7 місяців тому

      I agree democrats have pretty much destroyed America.

  • @CJScrol
    @CJScrol 7 місяців тому +26

    This guy thinks if he admits his crimes, all will be forgiven.

  • @devioux4082
    @devioux4082 7 місяців тому +65

    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.

    • @legacyShredder1
      @legacyShredder1 7 місяців тому +7

      He got sentenced to 20 years in federal prison.

    • @TheTwinkiefoot
      @TheTwinkiefoot 6 місяців тому +3

      ​@@legacyShredder1Club-Fed*

    • @kevinojiambo8148
      @kevinojiambo8148 3 місяці тому

      How's he gonna cope with other regular Joe's in prison....the judges are simply humane

  • @johnpeterson4204
    @johnpeterson4204 7 місяців тому +80

    Selling your paintings to pay for house arrest... tough life.

    • @justinwallace390
      @justinwallace390 7 місяців тому +15

      Rich people problems

    • @magnacz
      @magnacz 7 місяців тому +8

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

    • @ethanniedorowski116
      @ethanniedorowski116 7 місяців тому +2

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

    • @ARNFjB
      @ARNFjB 7 місяців тому +3

      I know. trapped in his penthouse with GPS and two 70k mnth officers sounds crazy bad time lol

    • @mikusoxlongius
      @mikusoxlongius 7 місяців тому

      Hunter will just paint more.

  • @joshuablack1669
    @joshuablack1669 7 місяців тому +36

    That Medicare lady was not gonna carry the blame. She had those rebuttals ready 😂

    • @mimiebeyer4695
      @mimiebeyer4695 7 місяців тому +1

      What the hell are you taking about

    • @justinwallace390
      @justinwallace390 7 місяців тому +9

      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.

  • @freesparks1931
    @freesparks1931 7 місяців тому +33

    It always seem to boil down to one question, "How much is enough"?
    Power always seems to be the underlying cause.

    • @asiantrick24
      @asiantrick24 7 місяців тому

      it calls greed

    • @DDEENY
      @DDEENY 7 місяців тому +2

      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)

  • @PurpleFlorence-du5ke
    @PurpleFlorence-du5ke 6 місяців тому +21

    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.

  • @rogerward9492
    @rogerward9492 7 місяців тому +204

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

    • @jakkimanzitti5031
      @jakkimanzitti5031 7 місяців тому

      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.

    • @mark33545
      @mark33545 7 місяців тому +29

      He was a lawyer, so it bought him a lot of credibility.

    • @lenaely6146
      @lenaely6146 7 місяців тому +6

      💯

    • @matrices3987
      @matrices3987 7 місяців тому +37

      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!

    • @marietellez6021
      @marietellez6021 7 місяців тому

      @@matrices3987With an orange face and 91 criminal charges

  • @lucmatter9601
    @lucmatter9601 7 місяців тому +40

    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.

    • @hammerdown3876
      @hammerdown3876 7 місяців тому

      our government can't even manage themselves... let alone use logic like you just did to combat fraud...lol

    • @AMunoz-rh9cz
      @AMunoz-rh9cz 7 місяців тому

      Exactly.

  • @titoqwentezproductionz3406
    @titoqwentezproductionz3406 7 місяців тому +60

    why pay taxes if our own government is this wreckless and stupid with OUR money

    • @Stormstorm1
      @Stormstorm1 7 місяців тому +1

      This is about scams, nothing to do with the government.

    • @sujimtangerines
      @sujimtangerines 7 місяців тому +6

      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.)

    • @titoqwentezproductionz3406
      @titoqwentezproductionz3406 7 місяців тому +3

      who are you talking about? elaborate more please @@sujimtangerines

    • @Bargerland
      @Bargerland 3 місяці тому

      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.

    • @supme7558
      @supme7558 Місяць тому

      @@sujimtangerines russia is evil

  • @lindalb9519
    @lindalb9519 7 місяців тому +73

    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.

    • @jefft5152
      @jefft5152 7 місяців тому +3

      I am certain that one day America will look back at Donald Trump the same way.

    • @coryrogers846
      @coryrogers846 7 місяців тому +7

      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

    • @lydiapetra1211
      @lydiapetra1211 7 місяців тому

      ​@@coryrogers846yes indeed...why is he not in jail ?

    • @2genders-tk2ue
      @2genders-tk2ue 7 місяців тому +3

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

  • @jayjohn9680
    @jayjohn9680 7 місяців тому +12

    The friggin greed. You only need 1 million for a big house and car…. But noo these fools just couldn’t leave it alone.

  • @968porsche9
    @968porsche9 7 місяців тому +13

    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!

  • @kenarthur6253
    @kenarthur6253 5 місяців тому +46

    Life's biggest rules: work hard, be honest, and be happy with who you are

    • @Steve-gc5nt
      @Steve-gc5nt 4 місяці тому +4

      And keep an ego in check.

    • @draco2xx
      @draco2xx 4 місяці тому

      not even the government are honest, what makes you think they'll cut you a break

    • @RPYMCMB
      @RPYMCMB 2 місяці тому

      @@Steve-gc5ntvery important.💯

  • @John_GGG
    @John_GGG 7 місяців тому +10

    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.

  • @user-gg7di3ti2y
    @user-gg7di3ti2y 7 місяців тому +103

    😂 the whole economic system is a ponzi scheme

    • @lenaely6146
      @lenaely6146 7 місяців тому +3

      💯❤❤❤❤❤❤❤🙂

    • @lastharvestPDR
      @lastharvestPDR 7 місяців тому +7

      That's soon going to crumble....seriously!

    • @raevj
      @raevj 7 місяців тому +5

      Yep, back to the Pre-industrial age soon

    • @debbielwilliamson8546
      @debbielwilliamson8546 7 місяців тому

      Yes, the United States government holds the prize for the longest running, most amount stolen ponzi scheme ever.

    • @ATeaNTea
      @ATeaNTea 7 місяців тому

      Facts

  • @LB-gj1yd
    @LB-gj1yd 7 місяців тому +18

    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.

  • @freesparks1931
    @freesparks1931 7 місяців тому +11

    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.

  • @theresachung703
    @theresachung703 5 місяців тому +15

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

  • @baddoggie101
    @baddoggie101 7 місяців тому +102

    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.

    • @davidfanai6174
      @davidfanai6174 7 місяців тому +12

      yeah so true.....it reminds me of the FTX Crypto circus 😂😂😂

    • @marietellez6021
      @marietellez6021 7 місяців тому +9

      Money the root of all evil

    • @TheOpenSociety777
      @TheOpenSociety777 7 місяців тому +1

      ​@@davidfanai6174Sam Bankman Fried, Bernie Madoff and Mark Drier are all members of the same synagogue.

    • @rafalIL29
      @rafalIL29 7 місяців тому +2

      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.

    • @appkeytechology
      @appkeytechology 7 місяців тому +2

      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.

  • @Infinitebrandon
    @Infinitebrandon 7 місяців тому +8

    Omg, he was doing "charities " with all the celebrities i knew were FOS lmfao

  • @henrysantos121
    @henrysantos121 Місяць тому +3

    60-minute absolutely one of the best shows ever 😮

  • @missybecka4701
    @missybecka4701 7 місяців тому +39

    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.

    • @HOSPEHLOSHEPH
      @HOSPEHLOSHEPH 7 місяців тому +10

      Wow !!!! Sue them!

    • @fortunatelytea
      @fortunatelytea 7 місяців тому +6

      Thank god your still with us 🙏❤️

    • @fortunatelytea
      @fortunatelytea 7 місяців тому +4

      You can’t sue after you sign for treatment smh 🤦🏽‍♀️

    • @bonniejosavland3227
      @bonniejosavland3227 7 місяців тому +4

      Over 30 years ago it cost $50k to Medivac a medical patient from SE Alaska to a Seattle Hospital 🏥

    • @winros
      @winros 7 місяців тому +1

      WOW!! How are you feeling today 2023 of October?

  • @speakeasy9429
    @speakeasy9429 7 місяців тому +20

    And stealing identity, stealing patient records...I've had that happen twice now...😟

  • @kenbob1071
    @kenbob1071 7 місяців тому +30

    Poor guy got house arrest in a $10M penthouse.

    • @ggurks
      @ggurks 2 місяці тому +1

      he got 20 years in a federal prison

  • @need4sneed1234
    @need4sneed1234 7 місяців тому +8

    "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

  • @FigaroHey
    @FigaroHey 7 місяців тому +10

    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.

    • @abdu1wahid105
      @abdu1wahid105 5 місяців тому

      Drier & Madoff: Smooth criminals

  • @greywar777
    @greywar777 7 місяців тому +117

    This has been a fascinating interview. Thank you 60 minutes!

  • @speakeasy9429
    @speakeasy9429 7 місяців тому +8

    I've been saying this for decades!! Why now do they jump on it?🤔

    • @dianahill5116
      @dianahill5116 7 місяців тому

      Religion is a means and ways of money laundering.

  • @lovetodocoolstuff9309
    @lovetodocoolstuff9309 7 місяців тому +6

    “I get the feeling you don’t have many emotions”
    “Watch this, I can sniffle.”

  • @rememberyourpower
    @rememberyourpower 6 місяців тому +11

    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!

    • @adjustedfate
      @adjustedfate 5 місяців тому +1

      Classic psychopath. He is.

    • @ranakeen9884
      @ranakeen9884 4 місяці тому +1

      @@adjustedfatesociopath, psychopaths do not know the difference between right and wrong…. Are too crazy.

    • @Canada-1958
      @Canada-1958 4 місяці тому

      ONLY ONE GROUP OF PEOPLE ARE EXTREMELY FAMOUS IN #FINANCIAL_CRIMES #GLOBALLY SINCE 9TH CENTURY 24/7/365

    • @Canada-1958
      @Canada-1958 4 місяці тому

      ONLY ONE GROUP OF PEOPLE ARE EXTREMELY FAMOUS IN #FINANCIAL_CRIMES #GLOBALLY SINCE 9TH CENTURY 24/7/365

  • @susanwade4796
    @susanwade4796 7 місяців тому +9

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

  • @vicccey1345
    @vicccey1345 7 місяців тому +10

    the more money involved the less willingness to ask questions...how telling that is! business staying open without a single customer....

  • @kickstandsup_moto
    @kickstandsup_moto 7 місяців тому +131

    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.

    • @EEE-jb4zw
      @EEE-jb4zw 7 місяців тому +7

      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.

    • @ksoss1
      @ksoss1 7 місяців тому +4

      ​@@EEE-jb4zwsorry to hear this. It is sad.

    • @nettenee9926
      @nettenee9926 7 місяців тому +5

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

    • @karenorungbe9920
      @karenorungbe9920 7 місяців тому

      Pop l

    • @karenorungbe9920
      @karenorungbe9920 7 місяців тому

      Llllo lol o

  • @mattiewilliams1138
    @mattiewilliams1138 6 місяців тому +5

    “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.

  • @normbograham
    @normbograham 7 місяців тому +24

    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.

    • @IngridLiseLarssen-hm4pr
      @IngridLiseLarssen-hm4pr 7 місяців тому

      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 😭😔

    • @junglekutz5625
      @junglekutz5625 7 місяців тому +3

      Most employees are clueless to what they're doing... then there are those that are well aware.

    • @hotrox2112
      @hotrox2112 7 місяців тому +2

      Your only as good as the Company you keep, Professionally, Personality, Socially....

    • @normbograham
      @normbograham 7 місяців тому

      @@hotrox2112 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.

  • @armanitransport2604
    @armanitransport2604 7 місяців тому +12

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

    • @mrwilliamwonder
      @mrwilliamwonder 7 місяців тому +4

      Because he gave her that money before he got busted.

  • @moodiblues2
    @moodiblues2 7 місяців тому +24

    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.

    • @shable1436
      @shable1436 7 місяців тому

      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

  • @CamMacMastermusic
    @CamMacMastermusic 7 місяців тому +3

    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.

  • @theLampSA
    @theLampSA 7 місяців тому +8

    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.

    • @ihatesignupsgrrrrrrr
      @ihatesignupsgrrrrrrr 7 місяців тому +2

      EXACTLY!!!

    • @ihatesignupsgrrrrrrr
      @ihatesignupsgrrrrrrr 7 місяців тому +2

      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!

  • @markbrown8097
    @markbrown8097 7 місяців тому +11

    No one talks about the biggest ponzi scheme of all...Social Security.

    • @Sheshe661972
      @Sheshe661972 4 місяці тому +2

      Oh, it's being TALKED ABOUT. Thing is, nothing is being done to FIX it.

    • @StijnNLDutch
      @StijnNLDutch Місяць тому

      Lol you know why 😂

  • @deidrajames4258
    @deidrajames4258 7 місяців тому +14

    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.

    • @manuelgonzalez3644
      @manuelgonzalez3644 2 місяці тому

      Who needs 10k for AC system?. You need to shop around for prices.

  • @Viper881
    @Viper881 7 місяців тому +146

    Politicians are clearly involved in allowing this to continue

    • @dianahill5116
      @dianahill5116 7 місяців тому

      Religion is a means and ways of money laundering.

    • @michelebushnik2874
      @michelebushnik2874 7 місяців тому

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

    • @Underdog271
      @Underdog271 7 місяців тому +15

      Ron Desatan, Donald Trump, George W Bush, Ronald Reagan

    • @mmacwebb7306
      @mmacwebb7306 7 місяців тому +4

      Biden, Clinton , Obama….

    • @raevj
      @raevj 7 місяців тому

      Never enough consequences…Washington is FULL OF CRIMINALS

  • @ziddi2603
    @ziddi2603 7 місяців тому +12

    When being Rich, simply isn't good enough! smh

    • @dianahill5116
      @dianahill5116 7 місяців тому

      Religion is a means and ways of money laundering.

  • @JoshMaxPower
    @JoshMaxPower 7 місяців тому +24

    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!😮😮😮😮😮😮

    • @cromeromail
      @cromeromail 7 місяців тому

      Michael Avenatti

    • @mimih23
      @mimih23 5 місяців тому

      What happened to your lawyer? I'm sure they went through a lot too.

    • @beckybnyc322
      @beckybnyc322 4 місяці тому

      Lawyer taking Intrinsic reward alone 😬 yeah that’s a big red flag

  • @iap-ug3oy
    @iap-ug3oy 7 місяців тому +5

    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.

    • @goo1358
      @goo1358 6 місяців тому +1

      Pride and greed is the root of all evil. Money is neutral. It's a tool just like a hammer

    • @annetteelliott1494
      @annetteelliott1494 5 місяців тому

      Not having money is also the root of all evil I think......

  • @RidingwithStymie
    @RidingwithStymie 7 місяців тому +37

    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.

    • @grumpystiltskin
      @grumpystiltskin 7 місяців тому

      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.

    • @357CLOUDY
      @357CLOUDY 7 місяців тому +2

      The Agricultural depth seems to be a front. Strange legislations lately.

    • @jimhodgson3407
      @jimhodgson3407 7 місяців тому +1

      Lĺlllĺĺ

    • @server1ok
      @server1ok 7 місяців тому +2

      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

    • @prostytroll
      @prostytroll 7 місяців тому

      Yeah right, more money would help, but not in the way you would imagine...

  • @janesmith9024
    @janesmith9024 7 місяців тому +46

    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

    • @junglekutz5625
      @junglekutz5625 7 місяців тому +6

      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.

    • @Kingofthehill84
      @Kingofthehill84 7 місяців тому

      Greedy 1% scams another greedy 1%.

    • @shable1436
      @shable1436 7 місяців тому

      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

    • @londoncalling1803
      @londoncalling1803 7 місяців тому +1

      Can you imagine the anxiety? I’m too lazy. I love to sleep at night lol

    • @MethodiousMind
      @MethodiousMind 7 місяців тому +1

      Sounds like this guy worked harder to steal a nickel than he would have to earn a dime. Congrats to him.

  • @dhowto3005
    @dhowto3005 7 місяців тому +8

    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.

    • @bavykieng7777
      @bavykieng7777 5 місяців тому

      What if the criminals are the popo?

  • @grantgoldberg1663
    @grantgoldberg1663 7 місяців тому +4

    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.

    • @arfriedman4577
      @arfriedman4577 2 місяці тому

      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.

  • @ljordan15
    @ljordan15 7 місяців тому +8

    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!!

  • @LeaverWild
    @LeaverWild 7 місяців тому +54

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

    • @raevj
      @raevj 7 місяців тому +6

      Full of criminals & psychopaths in banking, law, & politics.

  • @chicagoresident973
    @chicagoresident973 7 місяців тому +6

    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

  • @leebatt7964
    @leebatt7964 7 місяців тому +4

    “Clearly if I could have gotten out of it, I would.” Clearly you could have told the truth and stopped your scam. Clearly.

  • @JamesRichardWiley
    @JamesRichardWiley 7 місяців тому +15

    The willingness of people to hand over theirs and other peoples money to an imaginary person to make them rich. People are stupid.

    • @catrashoo
      @catrashoo 7 місяців тому +6

      Just imagine of trump supporters still giving money to traitor Trump for his campaign 😂

    • @lenaely6146
      @lenaely6146 7 місяців тому +1

      .

    • @MrThejboe3oh5
      @MrThejboe3oh5 7 місяців тому +2

      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 🤷

    • @lydiapetra1211
      @lydiapetra1211 7 місяців тому

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

  • @BluetheRaccoon
    @BluetheRaccoon 7 місяців тому +13

    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.

    • @NorseMan633
      @NorseMan633 7 місяців тому +1

      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.

  • @irishlady30
    @irishlady30 7 місяців тому +3

    There's no oversight because everyone has their paws in the till...

  • @shanecrump7932
    @shanecrump7932 7 місяців тому +10

    It is frustrating that people tend to give more money people who already have it but there’s good reasons for that.

  • @ihatesignupsgrrrrrrr
    @ihatesignupsgrrrrrrr 7 місяців тому +5

    Marc Dreier serving his time in his multi-million dollar mansion... It's called TWO-TIERED JUSTICE!

    • @legacyShredder1
      @legacyShredder1 7 місяців тому +1

      Use Google before screaming two-tiered anything. God damn. He went to a real prison.

  • @968porsche9
    @968porsche9 7 місяців тому +6

    $100 per hour for private jailers.
    The people standing guard probably got $20 hr.
    But, easy money!

  • @evawilliam2265
    @evawilliam2265 6 місяців тому +1

    Interesting interview, thank you for exposing all those scams artist ❤

  • @funwithFred
    @funwithFred 7 місяців тому +5

    The sentence he was given is also a huge crime. He deserved a much lengthier sentence. He has no conscience......

  • @tracycottrell5146
    @tracycottrell5146 7 місяців тому +8

    Is it just Medicaid or is it other medical insurance companies also?

    • @ranakeen9884
      @ranakeen9884 7 місяців тому +2

      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.

  • @UBETUBEME
    @UBETUBEME 7 місяців тому +16

    The con game
    Who’s next in on the con game?
    Greed just pure greed.

    • @DebbieAppelhans
      @DebbieAppelhans 7 місяців тому

      Trump been at Trump greedy money 💰 🤑 💸 think they know each other

    • @hotrox2112
      @hotrox2112 7 місяців тому

      Or maybe just another one of "The 7 Deadly Sins"

  • @bugsea54
    @bugsea54 7 місяців тому +2

    Unbelievable, the ego he must of needed to feed!

  • @MethodiousMind
    @MethodiousMind 7 місяців тому

    Thanks for posting entire episode blasts from the past

  • @summer7603
    @summer7603 7 місяців тому +34

    60minutes went soft on him, he's a sociopathic monster that hasn't learned a damn thing. He deserves everything he gets.

  • @karlolsson6505
    @karlolsson6505 7 місяців тому +8

    Greed on both sides is the only way this scheme can flourish

  • @rdp4654
    @rdp4654 7 місяців тому +4

    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.

  • @CC-hv5hk
    @CC-hv5hk 7 місяців тому +2

    20 years a slap on the hand .

  • @ghostman6074
    @ghostman6074 7 місяців тому +4

    Locked in his penthouse……put him in jail with bubba and Leroy.

  • @jewel58s
    @jewel58s 7 місяців тому +5

    After watching this interview. How many other super wealthy are really guilty of a similar fraud as this guy. 🤔

  • @erikmuhoro3353
    @erikmuhoro3353 3 місяці тому

    "The more money you ask for, the less questions you are asked". Wow!

  • @user-mh4qh8sv2x
    @user-mh4qh8sv2x 7 місяців тому +2

    It is better to take many small steps in the right direction than to make a great leap forward only to stumble backward.

  • @spammy1982
    @spammy1982 7 місяців тому +101

    That medicare story plus the scooter store scandal ended up inadvertently hurting patients who really need durable medical goods. It is now extremely difficult to get anything approved even when you are a patient with legit documented needs. Medicare went from one extreme to the other. Now it takes several months to just get approved for a replacement manual wheelchair. In response, the prices skyrocketed for all these goods. Power chairs now go for 50k +.

    • @DebbieAppelhans
      @DebbieAppelhans 7 місяців тому +8

      It's greedy money 💰 🤑 💸

    • @bbe3034
      @bbe3034 7 місяців тому

      It’s so infuriating!! Our taxes have paid for Medicare for years before we get old! 😡😡😡 Think of all the men and women who died for this country, only for these scumbags not to care about the sick and elderly Put them in jail!!

    • @paul-ld9vh
      @paul-ld9vh 7 місяців тому +8

      I work in the DME business. You are correct. The industry is fraught with redundancy and steeped in paperwork. It is ultimately unsustainable.

    • @JohnWarner-lu8rq
      @JohnWarner-lu8rq 7 місяців тому +10

      OweBama care has a lot to do with that. Thank him.

    • @henrythegreatamerican8136
      @henrythegreatamerican8136 7 місяців тому

      And the majority of these scams are brought to us by republicans screaming to gut regulations and defund all government agencies that regulate anything that might interfere with these types of money making schemes. People keep voting for politicians who tell us government is broken and when they get into office they break the government any chance they get.

  • @rev.jonathanglass-riley7669
    @rev.jonathanglass-riley7669 7 місяців тому +31

    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!

    • @therealrobertbirchall
      @therealrobertbirchall 7 місяців тому +1

      He could be remanded I jail. He's lucky he has the option, or his mother did.

    • @Donaldtrumpsfavoritefigh-jy3hs
      @Donaldtrumpsfavoritefigh-jy3hs 7 місяців тому +1

      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 :)

  • @jozette-pierce
    @jozette-pierce 7 місяців тому +15

    The good old days of 60 minutes, back when real journalism really existed on ABC, CBS, or NBC.

    • @Jboooy18
      @Jboooy18 6 місяців тому

      Lmao, now tell me when this came out

    • @SapiophileGoddess
      @SapiophileGoddess 4 місяці тому

      @@Jboooy18
      According to the bottom right of the screen, October 2009.

  • @valentinasylvester4709
    @valentinasylvester4709 2 місяці тому

    Thank you 60 Minutes!!

  • @genepatrickvi8377
    @genepatrickvi8377 7 місяців тому +5

    This is when lawyers turn gangster...

  • @willrose5424
    @willrose5424 7 місяців тому +5

    "I used a letterhead". Reminds me of the Dave Chappell episode.

  • @conroy1969
    @conroy1969 2 місяці тому

    There's no other like 60 minutes it's one of a kind.

  • @katherynelliott9776
    @katherynelliott9776 7 місяців тому +3

    Great job guys

    • @davewestly307
      @davewestly307 7 місяців тому

      Yea great job but why they don’t do the same with big pharma ? I’ll tell you why because this show has no journalist integrity and beyond corrupted.

  • @abelincoln3261
    @abelincoln3261 7 місяців тому +9

    All criminals say this one time and I'm out but they never do get out

  • @abelincoln3261
    @abelincoln3261 7 місяців тому +9

    Twenty years for destroying all those lives...he should get life without parole.

    • @dianahill5116
      @dianahill5116 7 місяців тому

      Religion is a means and ways of money laundering.

  • @chevypreps6417
    @chevypreps6417 7 місяців тому +2

    It is amazing how these guys can pull of these big ponzi schemes.

  • @guybachar9112
    @guybachar9112 7 місяців тому +8

    I know he did wrong ,but takes a real man to tell the truth ❤

  • @forgofire5583
    @forgofire5583 7 місяців тому +14

    Welcome to America 😂😂