Ex-NBA player sentenced to 9 years for fraud
George was convicted more than two years ago on four wire fraud counts
George was convicted more than two years ago on four wire fraud counts
Pharmaceutical CEO Martin Shkreli who was accused of price gouging is out on bail after his arrest Thursday on unrelated securities fraud charges. Federal prosecutors allege Shkreli lied and stole to keep his other companies afloat. He was already called a symbol of corporate greed after his drug company raised the price of a medicine by more than 5,000 percent. Anthony Mason reports.
Martin Shkreli, the pharmaceutical company CEO who caused a public uproar after drastically raising the price of a life-saving prescription drug, was arrested on Thursday. Federal prosecutors accuse Shkreli of running a Ponzi-like scheme to pay off investors at his former hedge fund. Anthony Mason reports.
Authorities accuse former hedge fund manager who jacked up price of life-saving drug of weaving "outrageous web of lies"
Stocks surged after the Labor Department announced that the U.S. economy added 211,000 jobs in November. Also, the trustee of Bernie Madoff's firm began distributing more money to people swindled in Madoff's Ponzi scheme. Hena Daniels reports on the day's top MoneyWatch headlines.
Early one morning in 2008, the FBI showed up to arrest Bernie Madoff. He'd been turned in by his own sons, and their mother only later learned who had made the call.
Harry Markopolos describes himself as a "50 billion dollar failure." Why? Because he couldn't get anyone to listen when he figured out Bernie Madoff's Ponzi scheme, 8 years before Madoff's arrest.
Ruth Madoff has always refused to talk publically about her husband's crimes and her own shame. She tells Morley Safer she is speaking out now in order to bring her fractured family back together.
77-year-old Irwin Lipkin, who pleaded guilty but was trying to avoid incarceration, will serve a six-month sentence
A French company is showing off a self-driving shuttle bus at the Consumer Electronics Show in Las Vegas. It's the first driverless vehicle commercially available in the U.S. With a top speed of 12 miles an hour, the shuttle is intended for college campuses and airport parking lots. That story and more Moneywatch headlines from Wendy Gillette.
Even a scholar of trickery can be taken. Hear Ricky Jay's story.
Ricky Jay puts one over on Morley Safer.
Mark Yagalla made millions in his early 20s after starting his own hedge fund. The now disgraced Wall Street trader talks to "48 Hours" correspondent Peter Van Sant about his sex addiction that he says led to a massive Ponzi scheme.
Bernard Madoff's wife, Ruth, says her husband was once a "sensitive" man with a "gentle soul." Madoff's son Andrew says he doesn't believe his father is truly sorry for his crimes.
Andrew Madoff's fiancee, Catherine Hooper, says Bernie Madoff's scam hit close to home, with victims including his own sister-in-law Joan.
Everything I've been doing is all a big lie," Bernard Madoff told his family in late 2008, recalls his son Andrew. Andrew and his mother Ruth describe Bernie Madoff's confession to them about his $50 billion Ponzi scheme.
Andrew Madoff tells Morley Safer that his father's victims were not "nameless, faceless" clients, but included family members and close friends
"Count" Victor Lustig was the grafter who fooled Al Capone.
Why are we too trusting and gullible? Morley Safer examines that question in his upcoming report. 60 Minutes, this Sunday, Feb. 14 at 7 p.m. ET/PT.
In 2011, Bernie Madoff's wife and son spoke publicly for the first time with Morley Safer about the Ponzi scheme that defrauded thousands
In 2011, Bernie Madoff's wife and son spoke publicly for the first time with Morley Safer about the Ponzi scheme that defrauded thousands
Michelle Braun was once the wealthiest madam in the world with clients spending small fortunes to meet her escorts. Braun talks to "48 Hours Mystery" correspondent Peter Van Sant about her rise and when her world came crashing down.
It's been just over a year since Bernard Madoff's multi-billion dollar Ponzi scheme fell apart. But, as Morley Safer reports, despite all the news about the scandal, similar scams are still thriving.
Stormy Daniels gave defiant testimony Thursday as the defense accused her of fabricating details of the alleged sexual encounter between her and former President Donald Trump.
The Florida sheriff's deputy has been placed on administrative leave after the deadly shooting of Senior Airman Roger Fortson.
Hunter Biden was indicted on federal gun charges in September and pleaded not guilty.
This will be the first baby for Hailey and Justin Beiber, who announced their pregnancy after more than five years of marriage.
Administrators at two universities cited pressure from students and the community over U.S. support for Israel in its war with Hamas.
An appeals court determined in December that Rep. Jeff FortenberryThe Ninth Circuit Court of Appeals in December tossed out the Republican congressman's conviction.
Brain worms, like the one Robert F. Kennedy Jr.'s campaign said he contracted over a decade ago, are real — and more common in certain parts of the world than you might think.
New research links higher consumption of certain ultra-processed foods to a higher risk of death.
Trevor Bickford was sentenced to 27 years Thursday for attacking NYPD officers with a machete on New Year's Eve in 2022 near Times Square.
Democratic Senator Bob Menendez, of New Jersey, is set to be tried on bribery, corruption and obstruction charges beginning Monday.
Sixty-one percent of the lowest-paid U.S. workers can't get time off for an illness, according to a recent Economic Policy Institute report on the state of sick leave in the United States.
Stormy Daniels gave defiant testimony Thursday as the defense accused her of fabricating details of the alleged sexual encounter between her and former President Donald Trump.
At its height, the Chevy Malibu won Motor Trend Car of the Year 1997 because of its smooth ride and fuel economy.
This will be the first baby for Hailey and Justin Beiber, who announced their pregnancy after more than five years of marriage.
Sixty-one percent of the lowest-paid U.S. workers can't get time off for an illness, according to a recent Economic Policy Institute report on the state of sick leave in the United States.
At its height, the Chevy Malibu won Motor Trend Car of the Year 1997 because of its smooth ride and fuel economy.
The price of a McDonald's Quarter Pounder with Cheese meal has more than doubled since 2014, data show.
Highway safety regulators say automaker's remedy for a fuel injector recall does not actually fix the problem.
Elon Musk's Neuralink finds a brain-computer interface device captured less data a month after implant surgery.
Democratic Senator Bob Menendez, of New Jersey, is set to be tried on bribery, corruption and obstruction charges beginning Monday.
Stormy Daniels gave defiant testimony Thursday as the defense accused her of fabricating details of the alleged sexual encounter between her and former President Donald Trump.
Administrators at two universities cited pressure from students and the community over U.S. support for Israel in its war with Hamas.
An appeals court determined in December that Rep. Jeff FortenberryThe Ninth Circuit Court of Appeals in December tossed out the Republican congressman's conviction.
Hunter Biden was indicted on federal gun charges in September and pleaded not guilty.
New research links higher consumption of certain ultra-processed foods to a higher risk of death.
Elon Musk's Neuralink finds a brain-computer interface device captured less data a month after implant surgery.
Brain worms, like the one Robert F. Kennedy Jr.'s campaign said he contracted over a decade ago, are real — and more common in certain parts of the world than you might think.
Almost 650,000 people aged 18 to 64 died of a drug overdose from 2011 to 2021, researchers found.
Regional grocery chains separately recall cheese spreads sold across the Midwest because they may be tainted with bacteria.
Demonstrators chanting anti-Israeli slogans have descended on the Swedish city hosting the 2024 Eurovision Song Contest.
Mohammad Rasoulof has become the latest artist targeted in a widening crackdown on all dissent in the Islamic Republic.
Allan W. Knepper, 27, was among a squadron that encountered heavy anti-aircraft fire during an attack on Axis powers in July 1943.
One member of Israel's government says Hamas loves Mr. Biden, but other Israelis worry their leaders are losing the vital war for global support.
The blue lobster could have sold for roughly $30 based on her size, but it was decided to donate her to an aquarium to keep her safe instead.
This will be the first baby for Hailey and Justin Beiber, who announced their pregnancy after more than five years of marriage.
Demonstrators chanting anti-Israeli slogans have descended on the Swedish city hosting the 2024 Eurovision Song Contest.
In "The Office" actor Rainn Wilson's new podcast "Soul Bloom," he speaks with comedians, experts and authors about creativity, spirituality and psychology.
Award-winning actor Rainn Wilson, famed for his role as Dwight Schrute in "The Office," joins "CBS Mornings" to talk about hosting the new podcast 'Soul Boom,' inspired by his bestselling book.
UmaSofia Srivastava resigned as Miss Teen USA on Wednesday, just two days after Noelia Voigt stepped down as Miss USA.
FTX says most of its customers will receive some of their money back nearly two years after the cryptocurrency exchange collapsed. Yesha Yadav, associate dean of Vanderbilt Law School, joins CBS News to discuss how the payback will work.
An undercover sting operation in New Mexico is renewing calls by law enforcement for social media platforms to do more to protect kids online. Bodycam video exclusively obtained by CBS News shows how police took down a suspected sexual predator allegedly targeting kids on Facebook messenger.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
A new Microsoft report shows that 75% of workers now use artificial intelligence at their jobs. Jared Spataro, Microsoft's corporate vice president of AI at work, joins CBS News to discuss how the technology is changing workplaces.
Artificial intelligence has revolutionized how millions work and the same is true for militaries worldwide. Autonomous weapons systems are already on the battlefield in Ukraine and Gaza. Dr. C. Anthony Pfaff, research professor at U.S. Army War College, joins CBS News to discuss.
In the video, the surface of the sun appears furred with dark yellow material as beams of gold swoop overhead.
The visualization, produced on a NASA supercomputer, allows users to experience flight towards a supermassive black hole.
Boeing's Starliner was set to make its maiden voyage to the International Space Station, with its first piloted launch Monday night. But the launch, already pushed back following years of delays, was scrubbed with less than two hours to go before liftoff. Mark Strassmanm reports.
Reported sightings of giant, toxic, invasive hammerhead flatworms are on the rise in parts of southeastern Canada. Experts say the worms can grow up to 3 feet long and pose a risk to children, pets and other small animals. Peter Ducey, PH.D. and distinguished teaching professor at SUNY Cortland, joins CBS News to discuss the worm.
When NASA added a tiny four-pound helicopter as a stowaway to its Mars 2020 lander, it expected the helicopter to fly five very brief flights in the thin Martian atmosphere. Yet, Ingenuity would far surpass all expectations.
Democratic Senator Bob Menendez, of New Jersey, is set to be tried on bribery, corruption and obstruction charges beginning Monday.
Florida officials have released body camera footage of the events that led to the death of U.S. Air Force Senior Airman Roger Fortson, who was shot and killed in his own home by a sheriff's deputy. Keith Taylor, a professor at John Jay College of Criminal Justice, joins CBS News with more on the incident.
Trevor Bickford was sentenced to 27 years Thursday for attacking NYPD officers with a machete on New Year's Eve in 2022 near Times Square.
Wilson's parents are asking for over $1 million in damages in the wrongful death lawsuit.
Nine men were found dead in the city of Morelos in Zacatecas — a day after nine bodies were found on an avenue in the city of Fresnillo.
In the image, "a ghostly hand appears to be emerging from the interstellar medium and reaching out into the cosmos," the NOIRLab said.
The so-called super Earth — known as 55 Cancri e — is among the few rocky planets outside our solar system with a significant atmosphere.
In the video, the surface of the sun appears furred with dark yellow material as beams of gold swoop overhead.
United Launch Alliance decided to replace a suspect valve in the Atlas 5 rocket's upper stage, delaying launch to late next week.
The visualization, produced on a NASA supercomputer, allows users to experience flight towards a supermassive black hole.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
Florida officials have released body camera footage of the events that led to the death of U.S. Air Force Senior Airman Roger Fortson, who was shot and killed in his own home by a sheriff's deputy. Keith Taylor, a professor at John Jay College of Criminal Justice, joins CBS News with more on the incident.
A Biden administration change will empower immigration officials at the southern border to more quickly reject migrants who are deemed to have serious criminal records or pose a threat to national security. CBS News immigration and politics reporter Camilo Montoya-Galvez reports.
A 24-hour national strike in Argentina by the main labor union confederation is protesting President Javier Milei's economic policies. Ignacio Bottaro, a Telefe news reporter, joins CBS News with more.
Rep. Marjorie Taylor Greene said she acted on behalf of her Georgia constituents by triggering a motion to oust House Speaker Mike Johnson. CBS News congressional correspondent Nikole Killion reports from Capitol Hill.
Stormy Daniels, the adult film star at the center of Donald Trump's criminal trial in New York, faced cross-examination Thursday by the defense team. CBS News' Errol Barnett and Katrina Kaufman are following the latest in the "hush money" trial.