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    • Video: 60 Minutes update: Marc Dreier talks about his $400M hedge fund scam

    June 7th, 2010 | 8:14 AM | by L. Winthorpe III |

    From 60 Minutes in a 6/4/2010 update to a 10/4/2009 report:

    To understand how Bernard Madoff could have done what he did, listen to so-called “mini-Madoff” Ponzi schemer Marc Dreier tell Steve Kroft in his first television interview how he scammed $400 million.

    Transcript

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