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Transcripts For WCBS CBS 2 News At 6 20150909

One of the ways Thompson Says he would dupe clients was by recommending they surrender their Life Insurance policies and invest the money with him. But instead of investing, he deposited it into his account. Some of it was used to buy a girlfriend an apartment. Its even alleged that he stole from a childhood friend in the hospital. Is he sorry . Listen, most of the people involved in this indictment are people that paul knows very well. He never intended to hurt anyone. And if he had any money, anyone who had anything coming to them, you can be sure they would get it back. Its a lot of money. It sure is. We cant figure that out. Reporter but the d. A. Is vowing to figure it out and give it back. You work all your life to earn a lifesaving to live your retirement in peace. To have that money defrauded, stolen from you, its going to be a struggle for many people. We are going to fight to get them every dime back. Reporter at one point, the judge angry that the prosecution and defense wer

Ernst places federal agencies on naughty list

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