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

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  • Опубликовано: 14 май 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

Комментарии • 1,7 тыс.

  • @kgraham5820
    @kgraham5820 6 месяцев назад +410

    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 6 месяцев назад +18

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

    • @bryanbelcher5785
      @bryanbelcher5785 6 месяцев назад +10

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

    • @kgraham5820
      @kgraham5820 5 месяцев назад +2

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

    • @conniegreenamyer6636
      @conniegreenamyer6636 5 месяцев назад

      Medicare permits these fraud

    • @conniegreenamyer6636
      @conniegreenamyer6636 5 месяцев назад

      Medicare paid ?
      Medicare does not aware ?

  • @moreofawave
    @moreofawave 7 месяцев назад +80

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

  • @scott331
    @scott331 6 месяцев назад +121

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

  • @Mark-vx5xm
    @Mark-vx5xm 7 месяцев назад +15

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

  • @breadandbutter0080
    @breadandbutter0080 7 месяцев назад +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 месяцев назад

      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 месяцев назад +9

      keyword: beat the system.

    • @bbe3034
      @bbe3034 7 месяцев назад

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

    • @os2958
      @os2958 7 месяцев назад +27

      sell weed go to jail for life

    • @os2958
      @os2958 7 месяцев назад +14

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

  • @therealgeoffm
    @therealgeoffm 7 месяцев назад +114

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

  • @nitac.9444
    @nitac.9444 7 месяцев назад +198

    Insurance companies need to be investigated

    • @yarazooom
      @yarazooom 7 месяцев назад

      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 7 месяцев назад +11

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

    • @m.belsygarcia3514
      @m.belsygarcia3514 5 месяцев назад

      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 Месяц назад

      They should all be closed altogether.

  • @shirleyharrington-moore9657
    @shirleyharrington-moore9657 7 месяцев назад +58

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

    • @rebeccazegstroo6786
      @rebeccazegstroo6786 7 месяцев назад +3

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

    • @mosestekper7659
      @mosestekper7659 2 месяца назад +1

      Like Trump and his MAGA cult😂

  • @dranoa9326
    @dranoa9326 7 месяцев назад +208

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

    • @Underdog271
      @Underdog271 7 месяцев назад +8

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

    • @MrThejboe3oh5
      @MrThejboe3oh5 7 месяцев назад +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 месяцев назад +2

      @@MrThejboe3oh5 will who are they ????

    • @marietellez6021
      @marietellez6021 7 месяцев назад +5

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

    • @kimobrien.
      @kimobrien. 7 месяцев назад

      @@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.

  • @genmanion2389
    @genmanion2389 7 месяцев назад +32

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

    • @voteZDLR
      @voteZDLR 7 месяцев назад +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 месяцев назад +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 месяцев назад +2

      Your opinion.

    • @ebutuoyssa
      @ebutuoyssa 7 месяцев назад +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 месяцев назад +4

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

    • @grantgoldberg1663
      @grantgoldberg1663 7 месяцев назад +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 месяцев назад +3

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

  • @CJScrol
    @CJScrol 7 месяцев назад +26

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

  • @loris6413
    @loris6413 7 месяцев назад +169

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

    • @boremir3956
      @boremir3956 7 месяцев назад +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 месяцев назад +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 месяцев назад +11

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

    • @kathyjones274
      @kathyjones274 7 месяцев назад +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 месяцев назад

      I agree democrats have pretty much destroyed America.

  • @relentlesshaggler909
    @relentlesshaggler909 7 месяцев назад +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 месяцев назад

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

  • @AJ-sr3hl
    @AJ-sr3hl 7 месяцев назад +23

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

    • @jackie9190
      @jackie9190 7 месяцев назад +1

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

  • @titoqwentezproductionz3406
    @titoqwentezproductionz3406 7 месяцев назад +60

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

    • @Stormstorm1
      @Stormstorm1 7 месяцев назад +1

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

    • @sujimtangerines
      @sujimtangerines 7 месяцев назад +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 месяцев назад +3

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

    • @Bargerland
      @Bargerland 3 месяца назад

      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 Месяц назад

      @@sujimtangerines russia is evil

  • @rogerward9492
    @rogerward9492 7 месяцев назад +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 месяцев назад

      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 месяцев назад +29

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

    • @lenaely6146
      @lenaely6146 7 месяцев назад +6

      💯

    • @matrices3987
      @matrices3987 7 месяцев назад +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 месяцев назад

      @@matrices3987With an orange face and 91 criminal charges

  • @johnpeterson4204
    @johnpeterson4204 7 месяцев назад +80

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

    • @justinwallace390
      @justinwallace390 7 месяцев назад +15

      Rich people problems

    • @magnacz
      @magnacz 7 месяцев назад +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 месяцев назад +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 месяцев назад +3

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

    • @mikusoxlongius
      @mikusoxlongius 7 месяцев назад

      Hunter will just paint more.

  • @PurpleFlorence-du5ke
    @PurpleFlorence-du5ke 6 месяцев назад +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.

  • @lindalb9519
    @lindalb9519 7 месяцев назад +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 месяцев назад +3

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

    • @coryrogers846
      @coryrogers846 7 месяцев назад +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 месяцев назад

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

    • @2genders-tk2ue
      @2genders-tk2ue 7 месяцев назад +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 месяцев назад +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.

    • @shinski8114
      @shinski8114 2 дня назад

      id argue most people are way too greedy.

  • @lucmatter9601
    @lucmatter9601 7 месяцев назад +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 месяцев назад

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

    • @AMunoz-rh9cz
      @AMunoz-rh9cz 7 месяцев назад

      Exactly.

  • @John_GGG
    @John_GGG 7 месяцев назад +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.

  • @devioux4082
    @devioux4082 7 месяцев назад +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 месяцев назад +7

      He got sentenced to 20 years in federal prison.

    • @TheTwinkiefoot
      @TheTwinkiefoot 6 месяцев назад +3

      ​@@legacyShredder1Club-Fed*

    • @kevinojiambo8148
      @kevinojiambo8148 3 месяца назад

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

  • @968porsche9
    @968porsche9 7 месяцев назад +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!

  • @LB-gj1yd
    @LB-gj1yd 7 месяцев назад +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 месяцев назад +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 месяцев назад

      it calls greed

    • @DDEENY
      @DDEENY 7 месяцев назад +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)

    • @shinski8114
      @shinski8114 2 дня назад +1

      id say most ppl have a greed problem.

  • @need4sneed1234
    @need4sneed1234 7 месяцев назад +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

  • @kenarthur6253
    @kenarthur6253 5 месяцев назад +46

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

    • @Steve-gc5nt
      @Steve-gc5nt 4 месяца назад +4

      And keep an ego in check.

    • @draco2xx
      @draco2xx 4 месяца назад

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

    • @RPYMCMB
      @RPYMCMB 2 месяца назад

      @@Steve-gc5ntvery important.💯

    • @shinski8114
      @shinski8114 2 дня назад

      working hard gets you nowhere. It can barley get you the basic necessities

  • @joshuablack1669
    @joshuablack1669 7 месяцев назад +36

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

    • @mimiebeyer4695
      @mimiebeyer4695 7 месяцев назад +1

      What the hell are you taking about

    • @justinwallace390
      @justinwallace390 7 месяцев назад +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 месяцев назад +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.

  • @grantgoldberg1663
    @grantgoldberg1663 7 месяцев назад +5

    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 месяца назад

      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.

  • @speakeasy9429
    @speakeasy9429 7 месяцев назад +20

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

  • @FigaroHey
    @FigaroHey 7 месяцев назад +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 месяцев назад

      Drier & Madoff: Smooth criminals

  • @mattiewilliams1138
    @mattiewilliams1138 6 месяцев назад +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.

  • @baddoggie101
    @baddoggie101 7 месяцев назад +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 месяцев назад +12

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

    • @marietellez6021
      @marietellez6021 7 месяцев назад +9

      Money the root of all evil

    • @TheOpenSociety777
      @TheOpenSociety777 7 месяцев назад +1

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

    • @rafalIL29
      @rafalIL29 7 месяцев назад +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 месяцев назад +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.

  • @armanitransport2604
    @armanitransport2604 7 месяцев назад +12

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

    • @mrwilliamwonder
      @mrwilliamwonder 7 месяцев назад +4

      Because he gave her that money before he got busted.

  • @theresachung703
    @theresachung703 5 месяцев назад +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

  • @markbrown8097
    @markbrown8097 7 месяцев назад +11

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

    • @Sheshe661972
      @Sheshe661972 4 месяца назад +2

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

    • @StijnNLDutch
      @StijnNLDutch Месяц назад

      Lol you know why 😂

  • @user-gg7di3ti2y
    @user-gg7di3ti2y 7 месяцев назад +103

    😂 the whole economic system is a ponzi scheme

    • @lenaely6146
      @lenaely6146 7 месяцев назад +3

      💯❤❤❤❤❤❤❤🙂

    • @lastharvestPDR
      @lastharvestPDR 7 месяцев назад +7

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

    • @raevj
      @raevj 7 месяцев назад +5

      Yep, back to the Pre-industrial age soon

    • @debbielwilliamson8546
      @debbielwilliamson8546 7 месяцев назад

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

    • @ATeaNTea
      @ATeaNTea 7 месяцев назад

      Facts

  • @kenbob1071
    @kenbob1071 7 месяцев назад +30

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

    • @ggurks
      @ggurks 2 месяца назад +1

      he got 20 years in a federal prison

  • @rememberyourpower
    @rememberyourpower 7 месяцев назад +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 месяцев назад +1

      Classic psychopath. He is.

    • @ranakeen9884
      @ranakeen9884 4 месяца назад +1

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

    • @Canada-1958
      @Canada-1958 4 месяца назад

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

    • @Canada-1958
      @Canada-1958 4 месяца назад

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

  • @iap-ug3oy
    @iap-ug3oy 7 месяцев назад +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 месяцев назад +1

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

    • @annetteelliott1494
      @annetteelliott1494 5 месяцев назад

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

  • @Infinitebrandon
    @Infinitebrandon 7 месяцев назад +8

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

  • @vicccey1345
    @vicccey1345 7 месяцев назад +10

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

  • @moodiblues2
    @moodiblues2 7 месяцев назад +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 месяцев назад

      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 месяцев назад +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 месяцев назад +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 месяцев назад +2

      EXACTLY!!!

    • @ihatesignupsgrrrrrrr
      @ihatesignupsgrrrrrrr 7 месяцев назад +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!

  • @ziddi2603
    @ziddi2603 7 месяцев назад +12

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

    • @dianahill5116
      @dianahill5116 7 месяцев назад

      Religion is a means and ways of money laundering.

  • @kickstandsup_moto
    @kickstandsup_moto 7 месяцев назад +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 месяцев назад +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 месяцев назад +4

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

    • @nettenee9926
      @nettenee9926 7 месяцев назад +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 месяцев назад

      Pop l

    • @karenorungbe9920
      @karenorungbe9920 7 месяцев назад

      Llllo lol o

  • @henrysantos121
    @henrysantos121 Месяц назад +3

    60-minute absolutely one of the best shows ever 😮

  • @JamesRichardWiley
    @JamesRichardWiley 7 месяцев назад +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 месяцев назад +6

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

    • @lenaely6146
      @lenaely6146 7 месяцев назад +1

      .

    • @MrThejboe3oh5
      @MrThejboe3oh5 7 месяцев назад +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 месяцев назад

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

  • @ljordan15
    @ljordan15 7 месяцев назад +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!!

  • @missybecka4701
    @missybecka4701 7 месяцев назад +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 месяцев назад +10

      Wow !!!! Sue them!

    • @fortunatelytea
      @fortunatelytea 7 месяцев назад +6

      Thank god your still with us 🙏❤️

    • @fortunatelytea
      @fortunatelytea 7 месяцев назад +4

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

    • @bonniejosavland3227
      @bonniejosavland3227 7 месяцев назад +4

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

    • @winros
      @winros 7 месяцев назад +1

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

  • @JoshMaxPower
    @JoshMaxPower 7 месяцев назад +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 месяцев назад

      Michael Avenatti

    • @mimih23
      @mimih23 6 месяцев назад

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

    • @beckybnyc322
      @beckybnyc322 4 месяца назад

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

  • @968porsche9
    @968porsche9 7 месяцев назад +6

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

  • @speakeasy9429
    @speakeasy9429 7 месяцев назад +8

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

    • @dianahill5116
      @dianahill5116 7 месяцев назад

      Religion is a means and ways of money laundering.

  • @lovetodocoolstuff9309
    @lovetodocoolstuff9309 7 месяцев назад +6

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

  • @chicagoresident973
    @chicagoresident973 7 месяцев назад +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

  • @janesmith9024
    @janesmith9024 7 месяцев назад +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 месяцев назад +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 месяцев назад

      Greedy 1% scams another greedy 1%.

    • @shable1436
      @shable1436 7 месяцев назад

      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 месяцев назад +1

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

    • @MethodiousMind
      @MethodiousMind 7 месяцев назад +1

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

  • @LeaverWild
    @LeaverWild 7 месяцев назад +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 месяцев назад +6

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

  • @leebatt7964
    @leebatt7964 7 месяцев назад +4

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

  • @dhowto3005
    @dhowto3005 7 месяцев назад +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 месяцев назад

      What if the criminals are the popo?

  • @normbograham
    @normbograham 7 месяцев назад +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 месяцев назад

      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 месяцев назад +3

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

    • @hotrox2112
      @hotrox2112 7 месяцев назад +2

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

    • @normbograham
      @normbograham 7 месяцев назад

      @@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.

  • @greywar777
    @greywar777 7 месяцев назад +117

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

  • @koshakuguides9863
    @koshakuguides9863 7 месяцев назад +5

    When you have that much money, you don't have any friends. Something people don't seem to realize.

  • @deidrajames4258
    @deidrajames4258 7 месяцев назад +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 3 месяца назад

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

  • @funwithFred
    @funwithFred 7 месяцев назад +5

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

  • @ghostman6074
    @ghostman6074 7 месяцев назад +4

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

  • @ihatesignupsgrrrrrrr
    @ihatesignupsgrrrrrrr 7 месяцев назад +5

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

    • @legacyShredder1
      @legacyShredder1 7 месяцев назад +1

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

  • @irishlady30
    @irishlady30 7 месяцев назад +3

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

  • @shanecrump7932
    @shanecrump7932 7 месяцев назад +10

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

  • @jewel58s
    @jewel58s 7 месяцев назад +5

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

  • @Viper881
    @Viper881 7 месяцев назад +146

    Politicians are clearly involved in allowing this to continue

    • @dianahill5116
      @dianahill5116 7 месяцев назад

      Religion is a means and ways of money laundering.

    • @michelebushnik2874
      @michelebushnik2874 7 месяцев назад

      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 месяцев назад +15

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

    • @mmacwebb7306
      @mmacwebb7306 7 месяцев назад +4

      Biden, Clinton , Obama….

    • @raevj
      @raevj 7 месяцев назад

      Never enough consequences…Washington is FULL OF CRIMINALS

  • @bugsea54
    @bugsea54 7 месяцев назад +2

    Unbelievable, the ego he must of needed to feed!

  • @jozette-pierce
    @jozette-pierce 7 месяцев назад +15

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

    • @Jboooy18
      @Jboooy18 6 месяцев назад

      Lmao, now tell me when this came out

    • @SapiophileGoddess
      @SapiophileGoddess 4 месяца назад

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

  • @karlolsson6505
    @karlolsson6505 7 месяцев назад +8

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

  • @susanwade4796
    @susanwade4796 7 месяцев назад +9

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

  • @rdp4654
    @rdp4654 7 месяцев назад +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 месяцев назад +2

    20 years a slap on the hand .

  • @RidingwithStymie
    @RidingwithStymie 7 месяцев назад +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 месяцев назад

      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 месяцев назад +2

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

    • @jimhodgson3407
      @jimhodgson3407 7 месяцев назад +1

      Lĺlllĺĺ

    • @server1ok
      @server1ok 7 месяцев назад +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 месяцев назад

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

  • @BluetheRaccoon
    @BluetheRaccoon 7 месяцев назад +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 месяцев назад +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.

  • @millertime6
    @millertime6 6 месяцев назад +2

    The guy Dreier stole when he didn’t need to. People like this will never be happy. Starts within

  • @TheDerangedBlood
    @TheDerangedBlood 7 месяцев назад +5

    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.

  • @UBETUBEME
    @UBETUBEME 7 месяцев назад +17

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

    • @DebbieAppelhans
      @DebbieAppelhans 7 месяцев назад

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

    • @hotrox2112
      @hotrox2112 7 месяцев назад

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

  • @rev.jonathanglass-riley7669
    @rev.jonathanglass-riley7669 7 месяцев назад +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 месяцев назад +1

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

    • @Donaldtrumpsfavoritefigh-jy3hs
      @Donaldtrumpsfavoritefigh-jy3hs 7 месяцев назад +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 :)

  • @MethodiousMind
    @MethodiousMind 7 месяцев назад

    Thanks for posting entire episode blasts from the past

  • @valentinasylvester4709
    @valentinasylvester4709 2 месяца назад

    Thank you 60 Minutes!!

  • @genepatrickvi8377
    @genepatrickvi8377 7 месяцев назад +5

    This is when lawyers turn gangster...

  • @tracycottrell5146
    @tracycottrell5146 7 месяцев назад +8

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

    • @ranakeen9884
      @ranakeen9884 7 месяцев назад +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.

  • @evawilliam2265
    @evawilliam2265 6 месяцев назад +1

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

  • @plantgirl146
    @plantgirl146 7 месяцев назад +1

    'Im profoundly sorry"
    * I got caught. What a despicable person!! 🤥

  • @dustinhensley7995
    @dustinhensley7995 7 месяцев назад +6

    How many of these stories the bad guy gets away with?

  • @summer7603
    @summer7603 7 месяцев назад +34

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

  • @lynnebucher6537
    @lynnebucher6537 7 месяцев назад +3

    Had a boyfriend who could cry on demand to get what he wanted. Turned it off as soon as he succeeded.

  • @briandrew2689
    @briandrew2689 7 месяцев назад +7

    I love how he says he's sorry he ain't sorry he's only sorry that he got caught just like everybody else that gets caught that was screwing over people and doing something shity and i bet he's a Democrat too! 😤

  • @abelincoln3261
    @abelincoln3261 7 месяцев назад +9

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

  • @juaneduardoherrera8027
    @juaneduardoherrera8027 7 месяцев назад +6

    The stem cell Dr is a fraud. I am from Ecuador and my mother was treated by this fraudsters over there. We paid thousands of dollars at the time. It was a con.She never got any better .

    • @JS-ps6cb
      @JS-ps6cb 7 месяцев назад +2

      I'm sorry that happened to you and your mother

  • @MsHarley-gn1ct
    @MsHarley-gn1ct 7 месяцев назад +2

    He doesn’t even appear remorseful stealing from people. Really sick and sad.

  • @user-mh4qh8sv2x
    @user-mh4qh8sv2x 7 месяцев назад +2

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