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

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Published 2023-10-07

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

All Comments (21)

@kgraham5820 6 months ago

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!
@moreofawave 7 months ago

"Something went off the tracks"...yeah, it's called greed.
@scott331 6 months ago

They need to investigate every Clinic in Miami! The amount of corruption is ridiculous
@nitac.9444 6 months ago

Insurance companies need to be investigated
@breadandbutter0080 7 months ago

so make a million dollars, go to jail for 4 years and done? that sounds like a better retirement plan that most gets
@therealgeoffm 7 months ago

If that paper shredder could talk it would be worth a lot more than $25 🤣
@Mark-vx5xm 6 months ago

"Lack of resources" to investigate fraud. What a mind boggling statement.
@shirleyharrington-moore9657 6 months ago

He is right: the more you show people you don't need money, the more you attract money.
@loris6413 7 months ago

This is so hard to watch. These are the monsters who have ruined our country. NO forgiveness!
@dranoa9326 7 months ago

Crazy. Not easy to get medicare to help mom get mobility scooter but others can get millions. Smh
@thomasinavolkman4456 6 months ago

"I did something foolish" spoken like a true psychopath! He is only sorry for himself and the fact he got caught.
@CJScrol 6 months ago

This guy thinks if he admits his crimes, all will be forgiven.
@genmanion2389 6 months ago

my nerves would be shot if i ever did something even close to this. not to mention the guilt
@relentlesshaggler909 6 months ago

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 😂
@titoqwentezproductionz3406 6 months ago

why pay taxes if our own government is this wreckless and stupid with OUR money
@freesparks1931 6 months ago

It always seem to boil down to one question, "How much is enough"? Power always seems to be the underlying cause.
@johnpeterson4204 6 months ago

Selling your paintings to pay for house arrest... tough life.
@lindalb9519 6 months ago

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.
@AJ-sr3hl 6 months ago

This is a man who thought everyone was stupid, but him. Unbelievable!
@kenarthur6253 5 months ago

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