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60 Minutes

Sunday, May 19, 2019

60 Minutes

CBS News

Society & Culture, Tv & Film

3.82.6K Ratings

🗓️ 20 May 2019

⏱️ 44 minutes

🧾️ Download transcript

Summary

Steve Kroft shares the story of Howard Wilkinson -- a banker who uncovered a 230-billion-dollar money-laundering scheme. Jon Wertheim tells us about "Rainbow Railroad" -- an organization dedicated to helping LGBT individuals escape persecution, violence and sometimes death in their home countries. Anderson Cooper introduces us to the man who spent millions of dollars in Bitcoin -- on PIZZA. Those stories on this week's "60 Minutes." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi, I'm Lindsey Graham, the host of Wondries Podcast American Scandal.

0:03.9

Our newest series looks at the Kids for Cash Scandal,

0:07.0

a story about two judges who stood accused of making millions of dollars

0:11.0

in a brazen scheme that shattered the lives of countless children.

0:14.6

Listen to American Scandal on Amazon Music or wherever you catch your podcasts.

0:19.4

It is believed to be the biggest money laundering case in history,

0:30.5

involving nearly a quarter of a trillion dollars of very suspicious money from Russia

0:36.0

and former Soviet states. It was turned into one traceable American dollars.

0:41.3

$230 billion. $1 bank. $1 bank. $1 branch. $1 branch.

0:47.6

And this is the whistleblower who found one loose thread and decided to pull it.

0:52.5

A lot of this money came into the bank and was out the door the next day, right?

0:57.5

The next day, or you think it was that slow?

1:03.2

In more than 70 countries worldwide, lesbian, gay, bisexual, and transgender, or LGBT

1:10.0

citizens, live in fear for their freedom, their safety, and in some cases their lives.

1:16.0

Their government's not only sanctioned brutality against them, but often carry it out.

1:21.3

There is no obvious or easy escape path, but for those lucky enough to hitch a ride,

1:26.5

there is something called the Rainbow Railroad.

1:32.0

You probably heard a bitcoin, but do you understand how the electronic currency works,

1:37.5

or why its value has fluctuated so dramatically?

1:40.9

Tonight, we'll introduce you to some central characters from the cryptocurrency revolution.

1:47.4

I tell you the unlikely story of the first ever bitcoin transaction.

1:51.6

Okay, let me just get this straight. You should spend about $800 million on pizzas.

...

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