Ex-NBA player sentenced to 9 years for fraud
George was convicted more than two years ago on four wire fraud counts
Ponzi Scheme
Federal prosecutors allege Shkreli lied and stole to keep his other companies afloat
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
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.
Feds: Shkreli ran companies like a Ponzi scheme
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
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.
Sons called in FBI to arrest Bernie Madoff
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.
The man who tried to stop Madoff
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: Why she's telling her story
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.
A final Madoff defendant gets prison time
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,
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.
Web Extra: Conned!
Even a scholar of trickery can be taken. Hear Ricky Jay's story.
Web Extra: Fooling 60 Minutes
Ricky Jay puts one over on Morley Safer.
Extra: Mark Yagalla on Ponzi scheme
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.
Who was Bernie Madoff?
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.
Madoff scam spared no one
Andrew Madoff's fiancee, Catherine Hooper, says Bernie Madoff's scam hit close to home, with victims including his own sister-in-law Joan.
The confession of Bernard Madoff
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.
Madoff son on his father's crimes: Unforgivable
Andrew Madoff tells Morley Safer that his father's victims were not "nameless, faceless" clients, but included family members and close friends
Web Extra: Conning Al Capone
"Count" Victor Lustig was the grafter who fooled Al Capone.
Scams: Pigeon Fever
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
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
Extra: Michelle Braun on the life of a madam
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.
Scams: Pigeon Fever
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.
Supreme Court temporarily blocks new deportations under Alien Enemies Act
In a brief order, the court directed the Trump administration not to remove Venezuelans held in Texas' Bluebonnet Detention Center "until further order from this court."
Russia's Putin declares temporary Easter ceasefire in Ukraine
The temporary truce will be between 6 p.m. local time on Saturday and midnight on Monday, Russian President Vladimir Putin said.
What we know about the victims of the FSU mass shooting
Two people were killed and six others were hospitalized after a Thursday shooting at Florida State University.
2 Pentagon officials fired amid sweeping leak investigation
Two Pentagon officials were terminated Friday after they were suspended earlier this week, escalating a week of turmoil at the Department of Defense.
U.S. and Iran hold second negotiations over Tehran's nuclear program
That the talks are even happening represents a historic moment, given the decades of enmity between the two countries since the 1979 Islamic Revolution and the U.S. Embassy hostage crisis.
Israeli strikes on Gaza killed more than 90 in 48 hours, health ministry says
The dead include 15 people who were killed overnight, among them women and children.
Judge blocks Trump admin. from making changes to passport gender markers
In its lawsuit, the ACLU described how one woman had her passport returned with a male designation while others are too scared to submit their passports because they fear their applications might be suspended and their passports held by the State Department.
RFK assassination files released by Trump admin. Here's what they say.
A tranche of records on Robert F. Kennedy's 1968 killing are being unsealed at the urging of the senator's son, HHS Secretary Robert F. Kennedy Jr.
Man accused of being MS-13 leader opposes DOJ dropping charges
The government is seeking to drop charges against Henrry Villatoro Santos, who was accused of being an MS-13 leader — but his attorneys want the charges to stay in place.
U.S.
More U.S.
Supreme Court temporarily blocks new deportations under Alien Enemies Act
In a brief order, the court directed the Trump administration not to remove Venezuelans held in Texas' Bluebonnet Detention Center "until further order from this court."
Remembering the Oklahoma City bombing victims, 30 years later
The Oklahoma City bombing on April 19, 1995, is still the deadliest example of domestic terrorism in United States history.
Judge blocks Trump admin. from making changes to passport gender markers
In its lawsuit, the ACLU described how one woman had her passport returned with a male designation while others are too scared to submit their passports because they fear their applications might be suspended and their passports held by the State Department.
Student has visa revoked just days after getting new job, work permit
After graduating in Boston, an international student was hired as a quantitative analyst and even received his work permit days ago. Then, an email changed everything.
Fake job seekers are flooding the market, thanks to AI
Companies say fake job seekers are using artificial intelligence to get remote jobs, often in an attempt to steal insider secrets.
MoneyWatch
More MoneyWatch
Trump is studying how to remove Fed Chair Powell, adviser says
Trump administration economist Kevin Hassett said Powell's removal is being studied by the president and his team.
Here's the magic number Americans say they need for retirement
Americans have big financial goals for what they think they'll need for a comfortable retirement, a new survey finds.
Ford says it could raise prices this summer if tariffs remain in effect
Ford's vehicle prices could rise this summer if 25% auto tariffs remain in place, the company said in a memo to dealers.
About 429,200 wireless phone chargers recalled over fire hazard
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
Dollar's decline raises worries investors are losing trust in the U.S.
Since mid-January, the dollar has fallen 9% against a basket of currencies, a rare and steep decline.
Politics
More Politics
U.S. and Iran hold second negotiations over Tehran's nuclear program
That the talks are even happening represents a historic moment, given the decades of enmity between the two countries since the 1979 Islamic Revolution and the U.S. Embassy hostage crisis.
Supreme Court temporarily blocks new deportations under Alien Enemies Act
In a brief order, the court directed the Trump administration not to remove Venezuelans held in Texas' Bluebonnet Detention Center "until further order from this court."
Judge blocks Trump admin. from making changes to passport gender markers
In its lawsuit, the ACLU described how one woman had her passport returned with a male designation while others are too scared to submit their passports because they fear their applications might be suspended and their passports held by the State Department.
Student has visa revoked just days after getting new job, work permit
After graduating in Boston, an international student was hired as a quantitative analyst and even received his work permit days ago. Then, an email changed everything.
2 Pentagon officials fired amid sweeping leak investigation
Two Pentagon officials were terminated Friday after they were suspended earlier this week, escalating a week of turmoil at the Department of Defense.
HealthWatch
More HealthWatch
Her sore throat turned into a month-long ICU stay. Doctors were stumped.
Vanessa Abraham thought her symptoms were a bad flu — until she collapsed to the floor struggling to breathe.
Trump administration replaces COVID websites
The Trump administration has moved to replace websites that previously offered health information and access to COVID tests and treatment.
About 429,200 wireless phone chargers recalled over fire hazard
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
Obesity doctor touts new weight loss drug
There may soon be a new medication option for losing weight. Eli Lilly's experimental pill appears to work as well as the injected drug Ozempic to lower the weight of diabetes patients. Dr. Jon LaPook has more.
CDC scraps plan to help Texas schools curb measles over layoffs, employee says
Some employees working on the CDC's measles response were warned they could face layoffs.
World
More World
Russia's Putin declares temporary Easter ceasefire in Ukraine
The temporary truce will be between 6 p.m. local time on Saturday and midnight on Monday, Russian President Vladimir Putin said.
Documentary tells the stories of young survivors of Hamas terror attack
Young survivors shared their stories of surviving Hamas' terror attack in "The Children of October 7," soon streaming on Paramount+.
U.S. and Iran hold second negotiations over Tehran's nuclear program
That the talks are even happening represents a historic moment, given the decades of enmity between the two countries since the 1979 Islamic Revolution and the U.S. Embassy hostage crisis.
Israeli strikes on Gaza killed more than 90 in 48 hours, health ministry says
The dead include 15 people who were killed overnight, among them women and children.
Escaped U.S. inmate wanted in killing of top Mexican officer arrested
Cesar Hernandez was wanted for the shooting death of Abigail Esparza Reyes, the leader of a unit known as "Gringo Hunters," which dedicates itself to arresting U.S. fugitives in Mexico.
Entertainment
More Entertainment
Documentary tells the stories of young survivors of Hamas terror attack
Young survivors shared their stories of surviving Hamas' terror attack in "The Children of October 7," soon streaming on Paramount+.
Sir Woman performs "Making Love"
The soulful music of "Sir Woman" is the solo project of singer-songwriter Kelsey Wilson, an Austin-based artist who first gained fame as the co-founder of the indie-pop band "Wild Child." During a 2019 break from the band, Wilson launched this project, blending R&B, funk and pop into a fresh new sound. Earlier this year, Sir Woman released "It All Works Out," the first half of a new double album. The second half, "If It Doesn't," is set to release in mid-May. Now, from that new double album, here is Sir Woman with "Making Love."
Sir Woman performs "Circles"
The soulful music of "Sir Woman" is the solo project of singer-songwriter Kelsey Wilson, an Austin-based artist who first gained fame as the co-founder of the indie-pop band "Wild Child." During a 2019 break from the band, Wilson launched this project, blending R&B, funk and pop into a fresh new sound. Earlier this year, Sir Woman released "It All Works Out," the first half of a new double album. The second half, "If It Doesn't," is set to release in mid-May. Now, from that new double album, here is Sir Woman with "Circles."
Sir Woman performs "Highroad"
The soulful music of "Sir Woman" is the solo project of singer-songwriter Kelsey Wilson, an Austin-based artist who first gained fame as the co-founder of the indie-pop band "Wild Child." During a 2019 break from the band, Wilson launched this project, blending R&B, funk and pop into a fresh new sound. Earlier this year, Sir Woman released "It All Works Out," the first half of a new double album. The second half, "If It Doesn't," is set to release in mid-May. Now, from that new double album, here is Sir Woman with "Highroad."
How to watch WrestleMania 41 and more key details on the 2025 WWE matches
The WWE's 41st WrestleMania event is finally here. Here's how to watch all the action on night 1 and night 2.
Technology
More Technology
Fake job seekers are flooding the market, thanks to AI
Companies say fake job seekers are using artificial intelligence to get remote jobs, often in an attempt to steal insider secrets.
Scientist on reviving extinct dire wolves
Biotech company Colossal Bioscience has made headlines for saying it brought the dire wolf species back from extinction. CBS News' Lindsey Reiser spoke with the company's chief science officer, Beth Shapiro, who broke down the science and motivations behind the project.
How AI powered robots are helping small farms
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.
About 429,200 wireless phone chargers recalled over fire hazard
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
Judge: Google is online advertising monopoly
A federal judge ruled Thursday that Google is a monopolist in markets for online advertising technology. CBS News' Kelly O'Grady has the details.
Science
More Science
NASA spacecraft to zoom past asteroid this weekend at 30,000 mph
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
Breaking down the return of dire wolves
Colossal Biosciences says it successfully gene-edited gray wolves to carry traits of the extinct dire wolf. Founder and CEO Ben Lamm and Chief Science Officer Beth Shapiro discuss the research and rising controversy.
Scientists find "strongest evidence yet" of life on distant planet
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
Can climate change really create zombie fungi, like in "The Last of Us"?
As the HBO series "The Last of Us" returns, fans wonder: How much of the chilling storyline about a fungal zombie pandemic is rooted in reality?
NOAA could face 25% budget cut, slashing climate research, in draft proposal
An internal government document proposes significant changes for the National Oceanic and Atmospheric Administration, hitting its research functions hardest.
Crime
More Crime
Crime
FSU shooting victim speaks out from hospital
Tallahassee police said there was no connection between the Florida State University shooting suspect, 20-year-old Phoenix Ikner, and the victims. CBS News' Kati Weis and Anna Schecter have more details.
FSU student shares his experience following deadly shooting
Florida State University classes were cancelled Friday following Thursday's deadly shooting, as authorities continue to investigate the incident. Philip Allison, an FSU student who works at the student union, joins "The Daily Report" to recount the active shooter situation.
Witness, 11, points to father's suspected killer: Sister's forbidden boyfriend
In an exclusive interview, with "48 Hours," Sierra Friar recalls the day her sister and father vanished.
FSU shooting suspect to face murder charges
The suspected gunman in Thursday's mass shooting at Florida State University will face first-degree murder charges, police announced Friday. CBS News correspondent Skyler Henry reports.
Escaped U.S. inmate wanted in killing of top Mexican officer arrested
Cesar Hernandez was wanted for the shooting death of Abigail Esparza Reyes, the leader of a unit known as "Gringo Hunters," which dedicates itself to arresting U.S. fugitives in Mexico.
Space
More Space
NASA spacecraft to zoom past asteroid this weekend at 30,000 mph
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
Astronomer on new evidence pointing to life
Astronomers say they have discovered "the strongest evidence yet" of life on a distant planet, although, they stress that more research is needed. Chief astronomer and planetarium director of the Franklin Institute Derrick Pitts joins "The Daily Report" to discuss.
Scientists find "strongest evidence yet" of life on distant planet
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
Gayle King on how space flight changed her
A day after her flight to space, Gayle King speaks with "CBS Evening News" co-anchor Maurice DuBois about how the trip has changed her.
Aisha Bowe and Amanda Nguyen reflect on life-changing Blue Origin spaceflight
Aisha Bowe and Amanda Nguyen talk to "CBS Mornings" about how the Blue Origin spaceflight changed them for the better.
Latest Galleries
More Latest Galleries
"Hands Off!": Americans across country protest Trump, Musk
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Husband pieces together wife's last movements to find out how she was killed
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
A new spin on a centuries-old tradition
For more than a thousand years, Christian pilgrims and those seeking self-reflection have embarked on the Camino de Santiago, a network of hiking routes through France, Portugal and Spain that all meet in the Spanish city of Santiago de Compostela. The ancient tradition is finding new life in the 21st century.
Sir Woman performs "Making Love"
The soulful music of "Sir Woman" is the solo project of singer-songwriter Kelsey Wilson, an Austin-based artist who first gained fame as the co-founder of the indie-pop band "Wild Child." During a 2019 break from the band, Wilson launched this project, blending R&B, funk and pop into a fresh new sound. Earlier this year, Sir Woman released "It All Works Out," the first half of a new double album. The second half, "If It Doesn't," is set to release in mid-May. Now, from that new double album, here is Sir Woman with "Making Love."
Sir Woman performs "Circles"
The soulful music of "Sir Woman" is the solo project of singer-songwriter Kelsey Wilson, an Austin-based artist who first gained fame as the co-founder of the indie-pop band "Wild Child." During a 2019 break from the band, Wilson launched this project, blending R&B, funk and pop into a fresh new sound. Earlier this year, Sir Woman released "It All Works Out," the first half of a new double album. The second half, "If It Doesn't," is set to release in mid-May. Now, from that new double album, here is Sir Woman with "Circles."
Sir Woman performs "Highroad"
The soulful music of "Sir Woman" is the solo project of singer-songwriter Kelsey Wilson, an Austin-based artist who first gained fame as the co-founder of the indie-pop band "Wild Child." During a 2019 break from the band, Wilson launched this project, blending R&B, funk and pop into a fresh new sound. Earlier this year, Sir Woman released "It All Works Out," the first half of a new double album. The second half, "If It Doesn't," is set to release in mid-May. Now, from that new double album, here is Sir Woman with "Highroad."
The Dish: Fany Gerson
Fany Gerson, a James Beard semi-finalist this year for outstanding bakery, says her unique and crave-worthy donuts are pastries with a purpose. Gerson mixes cultures with every bite, creating unique flavors. Her attention to the traditions and details of the past started more than a decade ago. Dana Jacobson has more on her story.