60 Minutes correspondent Armen Keteyian interviews Jeff Rubin, “the disgraced financial advisor” who lost a total of $43 million on behalf of several NFL players including former all-pro running back Fred Taylor and Washington Redskins tight end Vernon Davis. Rubin persuaded his clients to invest in Country Crossing in Alabama, a gambling development that planned to prominently feature electronic bingo machines. The problem was the machines were deemed illegal by Governor Bob Riley shortly after Country Crossing opened. The casino was raided and closed in July 2012.
Rubin tells Keteyian, “If I can go back in time, I wish I’d never set foot in Alabama.” When asked what he would say to his clients today, Rubin says: “I’m sorry this happened. It’s been a disaster…that was my life.” 60 Minutes airs Sundays at 7pm on CBC.
