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

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  • čas přidán 8. 05. 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

Komentáře • 1,7K

  • @kgraham5820
    @kgraham5820 Před 6 měsíci +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 Před 5 měsíci +18

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

    • @bryanbelcher5785
      @bryanbelcher5785 Před 5 měsíci +10

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

    • @kgraham5820
      @kgraham5820 Před 5 měsíci +2

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

    • @conniegreenamyer6636
      @conniegreenamyer6636 Před 5 měsíci

      Medicare permits these fraud

    • @conniegreenamyer6636
      @conniegreenamyer6636 Před 5 měsíci

      Medicare paid ?
      Medicare does not aware ?

  • @moreofawave
    @moreofawave Před 7 měsíci +77

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

  • @scott331
    @scott331 Před 6 měsíci +119

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

  • @nitac.9444
    @nitac.9444 Před 7 měsíci +197

    Insurance companies need to be investigated

    • @yarazooom
      @yarazooom Před 6 měsíci

      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 Před 6 měsíci +11

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

    • @m.belsygarcia3514
      @m.belsygarcia3514 Před 5 měsíci

      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 Před měsícem

      They should all be closed altogether.

  • @therealgeoffm
    @therealgeoffm Před 7 měsíci +107

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

  • @breadandbutter0080
    @breadandbutter0080 Před 7 měsíci +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 Před 7 měsíci

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

    • @dexterdextrow7248
      @dexterdextrow7248 Před 7 měsíci +9

      keyword: beat the system.

    • @bbe3034
      @bbe3034 Před 7 měsíci

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

    • @os2958
      @os2958 Před 7 měsíci +27

      sell weed go to jail for life

    • @os2958
      @os2958 Před 7 měsíci +14

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

  • @shirleyharrington-moore9657
    @shirleyharrington-moore9657 Před 7 měsíci +58

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

    • @rebeccazegstroo6786
      @rebeccazegstroo6786 Před 7 měsíci +3

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

    • @mosestekper7659
      @mosestekper7659 Před měsícem +1

      Like Trump and his MAGA cult😂

  • @Mark-vx5xm
    @Mark-vx5xm Před 7 měsíci +13

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

  • @dranoa9326
    @dranoa9326 Před 7 měsíci +208

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

    • @Underdog271
      @Underdog271 Před 7 měsíci +8

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

    • @MrThejboe3oh5
      @MrThejboe3oh5 Před 7 měsíci +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 Před 7 měsíci +2

      @@MrThejboe3oh5 will who are they ????

    • @marietellez6021
      @marietellez6021 Před 7 měsíci +5

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

    • @kimobrien.
      @kimobrien. Před 7 měsíci

      @@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 Před 7 měsíci +169

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

    • @boremir3956
      @boremir3956 Před 7 měsíci +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 Před 7 měsíci +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 Před 7 měsíci +11

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

    • @kathyjones274
      @kathyjones274 Před 7 měsíci +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 Před 7 měsíci

      I agree democrats have pretty much destroyed America.

  • @thomasinavolkman4456
    @thomasinavolkman4456 Před 7 měsíci +114

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

    • @TobyTainerVlog
      @TobyTainerVlog Před 6 měsíci +2

      Your opinion.

    • @ebutuoyssa
      @ebutuoyssa Před 6 měsíci +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 Před 6 měsíci +4

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

    • @grantgoldberg1663
      @grantgoldberg1663 Před 6 měsíci +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 Před 6 měsíci +3

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

  • @CJScrol
    @CJScrol Před 7 měsíci +26

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

  • @relentlesshaggler909
    @relentlesshaggler909 Před 7 měsíci +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 Před 6 měsíci

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

  • @genmanion2389
    @genmanion2389 Před 7 měsíci +32

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

    • @voteZDLR
      @voteZDLR Před 6 měsíci +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.

  • @AJ-sr3hl
    @AJ-sr3hl Před 7 měsíci +22

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

    • @jackie9190
      @jackie9190 Před 6 měsíci +1

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

  • @titoqwentezproductionz3406
    @titoqwentezproductionz3406 Před 7 měsíci +60

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

    • @Stormstorm1
      @Stormstorm1 Před 7 měsíci +1

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

    • @sujimtangerines
      @sujimtangerines Před 7 měsíci +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 Před 6 měsíci +3

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

    • @Bargerland
      @Bargerland Před 3 měsíci

      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 Před měsícem

      @@sujimtangerines russia is evil

  • @johnpeterson4204
    @johnpeterson4204 Před 7 měsíci +80

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

    • @justinwallace390
      @justinwallace390 Před 7 měsíci +15

      Rich people problems

    • @magnacz
      @magnacz Před 7 měsíci +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 Před 7 měsíci +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 Před 6 měsíci +3

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

    • @mikusoxlongius
      @mikusoxlongius Před 6 měsíci

      Hunter will just paint more.

  • @jayjohn9680
    @jayjohn9680 Před 7 měsíci +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.

  • @lindalb9519
    @lindalb9519 Před 7 měsíci +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 Před 7 měsíci +3

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

    • @coryrogers846
      @coryrogers846 Před 7 měsíci +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 Před 6 měsíci

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

    • @2genders-tk2ue
      @2genders-tk2ue Před 6 měsíci +3

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

  • @freesparks1931
    @freesparks1931 Před 7 měsíci +33

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

    • @asiantrick24
      @asiantrick24 Před 7 měsíci

      it calls greed

    • @DDEENY
      @DDEENY Před 7 měsíci +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)

  • @lucmatter9601
    @lucmatter9601 Před 7 měsíci +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 Před 7 měsíci

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

    • @AMunoz-rh9cz
      @AMunoz-rh9cz Před 7 měsíci

      Exactly.

  • @rogerward9492
    @rogerward9492 Před 7 měsíci +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 Před 7 měsíci

      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 Před 7 měsíci +29

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

    • @lenaely6146
      @lenaely6146 Před 7 měsíci +6

      💯

    • @matrices3987
      @matrices3987 Před 7 měsíci +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 Před 7 měsíci

      @@matrices3987With an orange face and 91 criminal charges

  • @PurpleFlorence-du5ke
    @PurpleFlorence-du5ke Před 6 měsíci +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.

  • @kenarthur6253
    @kenarthur6253 Před 5 měsíci +46

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

    • @Steve-gc5nt
      @Steve-gc5nt Před 4 měsíci +4

      And keep an ego in check.

    • @draco2xx
      @draco2xx Před 4 měsíci

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

    • @RPYMCMB
      @RPYMCMB Před 2 měsíci

      @@Steve-gc5ntvery important.💯

  • @968porsche9
    @968porsche9 Před 7 měsíci +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!

  • @user-gg7di3ti2y
    @user-gg7di3ti2y Před 7 měsíci +103

    😂 the whole economic system is a ponzi scheme

    • @lenaely6146
      @lenaely6146 Před 7 měsíci +3

      💯❤❤❤❤❤❤❤🙂

    • @lastharvestPDR
      @lastharvestPDR Před 7 měsíci +7

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

    • @raevj
      @raevj Před 7 měsíci +5

      Yep, back to the Pre-industrial age soon

    • @debbielwilliamson8546
      @debbielwilliamson8546 Před 7 měsíci

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

    • @ATeaNTea
      @ATeaNTea Před 6 měsíci

      Facts

  • @devioux4082
    @devioux4082 Před 7 měsíci +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 Před 7 měsíci +7

      He got sentenced to 20 years in federal prison.

    • @TheTwinkiefoot
      @TheTwinkiefoot Před 6 měsíci +3

      ​@@legacyShredder1Club-Fed*

    • @kevinojiambo8148
      @kevinojiambo8148 Před 3 měsíci

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

  • @John_GGG
    @John_GGG Před 7 měsíci +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.

  • @LB-gj1yd
    @LB-gj1yd Před 7 měsíci +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.

  • @joshuablack1669
    @joshuablack1669 Před 7 měsíci +36

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

    • @mimiebeyer4695
      @mimiebeyer4695 Před 7 měsíci +1

      What the hell are you taking about

    • @justinwallace390
      @justinwallace390 Před 7 měsíci +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.

  • @need4sneed1234
    @need4sneed1234 Před 7 měsíci +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

  • @freesparks1931
    @freesparks1931 Před 7 měsíci +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.

  • @armanitransport2604
    @armanitransport2604 Před 7 měsíci +12

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

    • @mrwilliamwonder
      @mrwilliamwonder Před 7 měsíci +4

      Because he gave her that money before he got busted.

  • @speakeasy9429
    @speakeasy9429 Před 7 měsíci +20

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

  • @theresachung703
    @theresachung703 Před 5 měsíci +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

  • @FigaroHey
    @FigaroHey Před 7 měsíci +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.

  • @baddoggie101
    @baddoggie101 Před 7 měsíci +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 Před 7 měsíci +12

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

    • @marietellez6021
      @marietellez6021 Před 7 měsíci +9

      Money the root of all evil

    • @TheOpenSociety777
      @TheOpenSociety777 Před 7 měsíci +1

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

    • @rafalIL29
      @rafalIL29 Před 7 měsíci +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 Před 7 měsíci +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.

  • @kenbob1071
    @kenbob1071 Před 7 měsíci +30

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

    • @ggurks
      @ggurks Před měsícem +1

      he got 20 years in a federal prison

  • @markbrown8097
    @markbrown8097 Před 7 měsíci +11

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

    • @Sheshe661972
      @Sheshe661972 Před 4 měsíci +2

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

    • @StijnNLDutch
      @StijnNLDutch Před měsícem

      Lol you know why 😂

  • @henrysantos121
    @henrysantos121 Před měsícem +3

    60-minute absolutely one of the best shows ever 😮

  • @Infinitebrandon
    @Infinitebrandon Před 7 měsíci +8

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

  • @theLampSA
    @theLampSA Před 7 měsíci +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 Před 7 měsíci +2

      EXACTLY!!!

    • @ihatesignupsgrrrrrrr
      @ihatesignupsgrrrrrrr Před 7 měsíci +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!

  • @missybecka4701
    @missybecka4701 Před 7 měsíci +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 Před 7 měsíci +10

      Wow !!!! Sue them!

    • @fortunatelytea
      @fortunatelytea Před 7 měsíci +6

      Thank god your still with us 🙏❤️

    • @fortunatelytea
      @fortunatelytea Před 7 měsíci +4

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

    • @bonniejosavland3227
      @bonniejosavland3227 Před 7 měsíci +4

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

    • @winros
      @winros Před 6 měsíci +1

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

  • @kickstandsup_moto
    @kickstandsup_moto Před 7 měsíci +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 Před 7 měsíci +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 Před 6 měsíci +4

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

    • @nettenee9926
      @nettenee9926 Před 6 měsíci +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 Před 6 měsíci

      Pop l

    • @karenorungbe9920
      @karenorungbe9920 Před 6 měsíci

      Llllo lol o

  • @ljordan15
    @ljordan15 Před 7 měsíci +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!!

  • @vicccey1345
    @vicccey1345 Před 7 měsíci +10

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

  • @mattiewilliams1138
    @mattiewilliams1138 Před 6 měsíci +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.

  • @rememberyourpower
    @rememberyourpower Před 6 měsíci +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 Před 5 měsíci +1

      Classic psychopath. He is.

    • @ranakeen9884
      @ranakeen9884 Před 4 měsíci +1

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

    • @Canada-1958
      @Canada-1958 Před 4 měsíci

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

    • @Canada-1958
      @Canada-1958 Před 4 měsíci

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

  • @Viper881
    @Viper881 Před 7 měsíci +146

    Politicians are clearly involved in allowing this to continue

    • @dianahill5116
      @dianahill5116 Před 7 měsíci

      Religion is a means and ways of money laundering.

    • @michelebushnik2874
      @michelebushnik2874 Před 7 měsíci

      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 Před 7 měsíci +15

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

    • @mmacwebb7306
      @mmacwebb7306 Před 7 měsíci +4

      Biden, Clinton , Obama….

    • @raevj
      @raevj Před 7 měsíci

      Never enough consequences…Washington is FULL OF CRIMINALS

  • @iap-ug3oy
    @iap-ug3oy Před 6 měsíci +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 Před 6 měsíci +1

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

    • @annetteelliott1494
      @annetteelliott1494 Před 5 měsíci

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

  • @lovetodocoolstuff9309
    @lovetodocoolstuff9309 Před 7 měsíci +6

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

  • @janesmith9024
    @janesmith9024 Před 7 měsíci +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 Před 7 měsíci +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 Před 7 měsíci

      Greedy 1% scams another greedy 1%.

    • @shable1436
      @shable1436 Před 7 měsíci

      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 Před 7 měsíci +1

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

    • @MethodiousMind
      @MethodiousMind Před 7 měsíci +1

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

  • @JamesRichardWiley
    @JamesRichardWiley Před 7 měsíci +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 Před 7 měsíci +6

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

    • @lenaely6146
      @lenaely6146 Před 7 měsíci +1

      .

    • @MrThejboe3oh5
      @MrThejboe3oh5 Před 7 měsíci +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 Před 6 měsíci

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

  • @grantgoldberg1663
    @grantgoldberg1663 Před 6 měsíci +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 Před 2 měsíci

      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.

  • @moodiblues2
    @moodiblues2 Před 7 měsíci +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 Před 7 měsíci

      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

  • @speakeasy9429
    @speakeasy9429 Před 7 měsíci +8

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

    • @dianahill5116
      @dianahill5116 Před 7 měsíci

      Religion is a means and ways of money laundering.

  • @ziddi2603
    @ziddi2603 Před 7 měsíci +12

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

    • @dianahill5116
      @dianahill5116 Před 7 měsíci

      Religion is a means and ways of money laundering.

  • @chicagoresident973
    @chicagoresident973 Před 7 měsíci +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

  • @deidrajames4258
    @deidrajames4258 Před 6 měsíci +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 Před 2 měsíci

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

  • @greywar777
    @greywar777 Před 7 měsíci +117

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

  • @normbograham
    @normbograham Před 7 měsíci +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 Před 7 měsíci

      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 Před 7 měsíci +3

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

    • @hotrox2150
      @hotrox2150 Před 7 měsíci +2

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

    • @normbograham
      @normbograham Před 7 měsíci

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

  • @CamMacMastermusic
    @CamMacMastermusic Před 6 měsíci +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.

  • @JoshMaxPower
    @JoshMaxPower Před 7 měsíci +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 Před 7 měsíci

      Michael Avenatti

    • @mimih23
      @mimih23 Před 5 měsíci

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

    • @beckybnyc322
      @beckybnyc322 Před 4 měsíci

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

  • @susanwade4796
    @susanwade4796 Před 7 měsíci +9

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

  • @968porsche9
    @968porsche9 Před 7 měsíci +6

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

  • @dhowto3005
    @dhowto3005 Před 6 měsíci +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.

  • @funwithFred
    @funwithFred Před 7 měsíci +5

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

  • @LeaverWild
    @LeaverWild Před 7 měsíci +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 Před 7 měsíci +6

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

  • @RidingwithStymie
    @RidingwithStymie Před 7 měsíci +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 Před 7 měsíci

      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 Před 7 měsíci +2

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

    • @jimhodgson3407
      @jimhodgson3407 Před 7 měsíci +1

      Lĺlllĺĺ

    • @server1ok
      @server1ok Před 7 měsíci +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 Před 7 měsíci

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

  • @leebatt7964
    @leebatt7964 Před 7 měsíci +4

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

  • @shanecrump7932
    @shanecrump7932 Před 7 měsíci +10

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

  • @UBETUBEME
    @UBETUBEME Před 7 měsíci +16

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

    • @DebbieAppelhans
      @DebbieAppelhans Před 7 měsíci

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

    • @hotrox2150
      @hotrox2150 Před 7 měsíci

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

  • @karlolsson6505
    @karlolsson6505 Před 7 měsíci +8

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

  • @rdp4654
    @rdp4654 Před 6 měsíci +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.

  • @irishlady30
    @irishlady30 Před 7 měsíci +3

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

  • @BluetheRaccoon
    @BluetheRaccoon Před 7 měsíci +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 Před 7 měsíci +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.

  • @jewel58s
    @jewel58s Před 7 měsíci +5

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

  • @evawilliam2265
    @evawilliam2265 Před 6 měsíci +1

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

  • @MethodiousMind
    @MethodiousMind Před 7 měsíci

    Thanks for posting entire episode blasts from the past

  • @tracycottrell5146
    @tracycottrell5146 Před 7 měsíci +8

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

    • @ranakeen9884
      @ranakeen9884 Před 7 měsíci +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.

  • @ghostman6074
    @ghostman6074 Před 7 měsíci +4

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

  • @bugsea54
    @bugsea54 Před 7 měsíci +2

    Unbelievable, the ego he must of needed to feed!

  • @valentinasylvester4709
    @valentinasylvester4709 Před měsícem

    Thank you 60 Minutes!!

  • @ihatesignupsgrrrrrrr
    @ihatesignupsgrrrrrrr Před 7 měsíci +5

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

    • @legacyShredder1
      @legacyShredder1 Před 7 měsíci +1

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

  • @juaneduardoherrera8027
    @juaneduardoherrera8027 Před 7 měsíci +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 Před 6 měsíci +2

      I'm sorry that happened to you and your mother

  • @TheDerangedBlood
    @TheDerangedBlood Před 7 měsíci +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.

  • @briandrew2689
    @briandrew2689 Před 7 měsíci +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! 😤

  • @TheAccidentalViking
    @TheAccidentalViking Před 7 měsíci +36

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

  • @spammy1982
    @spammy1982 Před 7 měsíci +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 Před 7 měsíci +8

      It's greedy money 💰 🤑 💸

    • @bbe3034
      @bbe3034 Před 7 měsíci

      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 Před 7 měsíci +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 Před 7 měsíci +10

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

    • @henrythegreatamerican8136
      @henrythegreatamerican8136 Před 7 měsíci

      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.

  • @CC-hv5hk
    @CC-hv5hk Před 7 měsíci +2

    20 years a slap on the hand .

  • @millertime6
    @millertime6 Před 6 měsíci +2

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

  • @abelincoln3261
    @abelincoln3261 Před 7 měsíci +9

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

  • @davidmcneil2296
    @davidmcneil2296 Před 7 měsíci +5

    8:05 so being able to mimic emotion and actually being emotional is very different. Psychopaths can mimic emotions so people trust them, but they are devoid of emotions because that’s how they are able to do a lot of the things psychopaths do. In my very limited way of thinking and opinion.

  • @erikmuhoro3353
    @erikmuhoro3353 Před 3 měsíci

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

  • @MsHarley-gn1ct
    @MsHarley-gn1ct Před 7 měsíci +2

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

  • @genepatrickvi8377
    @genepatrickvi8377 Před 7 měsíci +5

    This is when lawyers turn gangster...

  • @rev.jonathanglass-riley7669
    @rev.jonathanglass-riley7669 Před 7 měsíci +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 Před 7 měsíci +1

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

    • @Donaldtrumpsfavoritefigh-jy3hs
      @Donaldtrumpsfavoritefigh-jy3hs Před 7 měsíci +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 :)

  • @koshakuguides9863
    @koshakuguides9863 Před 7 měsíci +5

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

  • @lynnebucher6537
    @lynnebucher6537 Před 7 měsíci +3

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

  • @user-mh4qh8sv2x
    @user-mh4qh8sv2x Před 7 měsíci +2

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