need to add title here

21st Century Snake Oil, Part 2

September 12, 2010 5:00 PM

"60 Minutes" hidden cameras expose medical con men who prey on dying victims by using pitches that capitalize on the promise of stem cells to cure almost any disease. Scott Pelley reports.

21st Century Snake Oil
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by pblanton September 20, 2010 3:41 PM EDT
Apparently Larry Stowe moved to Fort Worth Texas and opened "BioTherapy Clinics of Texas". Oddly enough his website is a sub-site of WBAP radio in Dallas.

http://www.wbap.com/get/biotherapy/bizweb.asp

I don't know if he hacked their server in order to host his website, or if they gave him the space. It certainly seems strange though that he would move a few states over and open a new scam clinic in the same field.

His email address listed on that site goes to the "appliedbiologics.net" domain name and the domain registrar GoDaddy, is indicating that the domain name is expired.

It would seem that Larry Stowe is still at it, although not having much luck. How WBAP AM radio in Dallas plays into it is a real mystery.

Read more: http://www.cbsnews.com/video/watch/?id=6408434n&tag=contentMain;contentBody#ixzz106IHMs5T
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by xmacdaddyx September 18, 2010 7:27 PM EDT
Scott Pelley you are awesome. "I'm not buying what you're selling." "I can do that." "You know, I don't think so."
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by skepticalJM September 17, 2010 2:31 PM EDT
This is nothing new. This is the basis of capitalism. What are the Oil barons doing to us right now? Postal rates have skyrocketed since the price of oil tripled after Katrina. All prices are rising because our vital resources are in the hands of thieves, just like these people. Freedom to swindle and price gouge isn't freedom, yet capitalism's free market is swindling all of us. We need price controls and a capitalism that is a support to the society that it depends on. Yet our government does nothing to protect society. And the Evil Empires and their emissaries of fraud only multiply, just so we may have a shot at "making it big".

What can government do?
It can impose limits on income; it can start taxing all according to their ability to pay; it can start limiting the size of corporations, and putting all vital energy resources in society's hands.
It can start making our freedom, not a freedom of the few, but a freedom which represents ALL!
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by erincas September 17, 2010 10:28 AM EDT
This sickens me!! I have MS and am so very saddened at the thought of these men taking advantage of the people who are going for whatever promises them hope but unfortunately, this is false hope and they should be punished for what they have done. I am livid over this!!!!!!!
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by drevels September 16, 2010 7:04 PM EDT
to profit from those who have but a dream.
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by Cherokee1624 September 15, 2010 7:33 PM EDT
Thank you 60 minutes for doing this and thank you Scott for your courage in facing these criminals...who could actually be called murderers. They robbed these people of their hope and their last precious moments of life.
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by newsterI September 13, 2010 11:53 PM EDT
That idiot was SO owned, loved that GOTCHA moment when he knew he was HAD. What a piece of garbage.
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by andora63 September 13, 2010 7:51 PM EDT
As I watch the freedoms curtailed by the extra political activities on all sides of all aisles and in other countries, adn we put money into many actions that are no more than psychological bandaids, I can only wonder if the money would be better spent saving these poor peopl's last dollars and getting these con artists off thew street nd made examples of, quite publicly. That is a way we CAN protect the public in a very real manner.
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by Hipolito V. Nino PhD September 13, 2010 5:50 PM EDT
Perplexed... ... ? ? ?
Please note:
In the same web page presenting the fraudulent use of stem cells by the Huston 'doctor' by the excellent 60 Minutes program of September 12 there is an advertisement making similar claims... ... ...
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by alcinderalla September 12, 2010 8:49 PM EDT
How In God name can these men promise something like this to ALS patients?
My DADDY was diagnoised with ALS in 2007 and passed away in 2008 and it would have been so wonderful for this to be true,,, but those poor people it is sad sad ,,,,,,
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