Pull off this scam today . Given the same security measures . Yep. Easily. Piece of cake. Sam eshaghoffs scam was getting paid thousands of dollars to take the s. A. T. Test for other students. He did it at least 16 times, scoring in the 97th percentile of the country. I would call him an academic gun for hire. Thats what he was. Welcome to 60 minutes on cnbc. Im bob simon. In this edition, we examine two very different kinds of fraud. Bernie madoffs wife and surviving son break their silence about wall streets most infamous criminal. And later, we visit a high school con man who figured the best way to make the grade was to cheat the s. A. T. S but first, in december 2008, Bernie Madoff confessed to running a 65billion ponzi scheme, the largest financial fraud in history. While madoff is serving 150 years in prison, his family had to deal with the consequences of his crimes. His wife ruth divested of most of her great wealth and derided by a suspicious world. Their son mark dead, driv
watch ticking safer so this was the scene of the crime. Irving picard gave us a tour of Bernie Madoffs 19thfloor offices, an impressive landscape of emptiness. His desk was here. Safer picard has the thankless task of finding the money, the billions that madoff scammed. watch ticking Arlan Galbraith who called himself the pigeon king convinced hundreds of american and Canadian Farmers there was good money to be made raising the birds for food. And everybody we talked to said this guy washe was on the up and up. Nobody had a bad word to say about him. watch ticking stahl welcome to 60 minutes on cnbc. Im leslie stahl. In march 2009, Bernard Madoff pleaded guilty to perpetrating whats believed to be the largest financial fraud in history. He received the maximum sentence for his crime, 150 years in prison. But while madoff is behind bars, theres still much we dont know about the scam which involved, by some accounts, a fraud of more than 50 billion. Investigators are still trying to figu
Something wrong . It took me five minutes to know that it was a fraud. It took me another almost four hours of Mathematical Modeling to prove that it was a fraud. watch ticking safer so this was the scene of the crime. Irving picard gave us a tour of Bernie Madoffs 19thfloor offices, an impressive landscape of emptiness. His desk was here. Safer picard has the thankless task of finding the money, the billions that madoff scammed. watch ticking Arlan Galbraith who called himself the pigeon king convinced hundreds of american and Canadian Farmers there was good money to be made raising the birds for food. And everybody we talked to said this guy washe was on the up and up. Nobody had a bad word to say about him. watch ticking stahl welcome to 60 minutes on cnbc. Im leslie stahl. In march 2009, Bernard Madoff pleaded guilty to perpetrating whats believed to be the largest financial fraud in history. He received the maximum sentence for his crime, 150 years in prison. But while madoff is b
To committing the largest financial fraud in history. And he said, i have a confession to make. Ive been running a ponzi scheme. [ticking] do you think you could pull off this scam today . Given the same security measures . Yep. Easily. Piece of cake. Sam eshaghoffs scam was getting paid thousands of dollars to take the s. A. T. Test for other students. He did it at least 16 times, scoring in the 97th percentile of the country. I would call him an academic gun for hire. Thats what he was. Welcome to 60 minutes on cnbc. Im bob simon. In this edition, we examine two very different kinds of fraud. Bernie madoffs wife and surviving son break their silence about wall streets most infamous criminal. And later, we visit a high school con man who figured the best way to make the grade was to cheat the s. A. T. S but first, in december 2008, Bernie Madoff confessed to running a 65billion ponzi scheme, the largest financial fraud in history. While madoff is serving 150 years in prison, his famil
And the day bernie admitted to committing the largest financial fraud in history. And he said, i have a confession to make. Ive been running a ponzi scheme. [ticking] do you think you could pull off this scam today . Given the same security measures . Yep. Easily. Piece of cake. Sam eshaghoffs scam was getting paid thousands of dollars to take the s. A. T. Test for other students. He did it at least 16 times, scoring in the 97th percentile of the country. I would call him an academic gun for hire. Thats what he was. Welcome to 60 minutes on cnbc. Im bob simon. In this edition, we examine two very different kinds of fraud. Bernie madoffs wife and surviving son break their silence about wall streets most infamous criminal. And later, we visit a high school con man who figured the best way to make the grade was to cheat the s. A. T. S but first, in december 2008, Bernie Madoff confessed to running a 65billion ponzi scheme, the largest financial fraud in history. While madoff is serving 15