Michael Douglas' Crusade Against Wall Street

Actor who once played a corporate criminal stars in new FBI campaign.
2:05 | 02/27/12

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Transcript for Michael Douglas' Crusade Against Wall Street
The FBI launches a new offensive against Wall Street corruption reaching out to traders and hedge fund managers to enlist them as whistle blowers. Turning in their colleagues. The bureau has an unlikely spokesman for this cause an actor -- for uttering that -- greed is good. Here's ABC's Pierre Thomas. Our next is that it was occupying Wall Street before was cool. Oscar night and there is Michael Douglas starring at Hollywood rule to. Less than 24 hours later Douglas is taking on a new rule. Corporate crusader for the FBI -- public service announcement based on hello -- -- -- care. It'll -- Wall Street I Gordon. Gordon Gekko. The ruthless criminal corporate raider who -- companies to shreds ruining innocent lives in infamous -- declaring. Read. For lack Edwards. Is good. Douglas played -- is a world class -- village. But he told the parks movie channel he's been shocked to see -- -- be Wall Street -- turned -- into a hero someone they want to be. Gordon Gekko you're the reason I got involved in. -- -- you're the reason why I'm here. Douglas wanted the world to know if they get go. Was -- court. The new PSA as part of the FBI's crackdown on white collar crime and insider trading. The bureau says securities and commodities fraud cases have jumped by 52% since 2008. And billions have been lost the up my current -- at 18100 pending cases since -- the FBI. Undercover surveillance footage of white collar -- You can see firsthand. Just -- -- looks like in a money laundering and insider trading case. It is you know and indebtedness. Hopefully -- lose their lives here. Now -- I mean Douglas is asking Wall Street insider says snitch on corporate brand -- It big deal looks too good to be true it probably. Pierre Thomas ABC news Washington.

This transcript has been automatically generated and may not be 100% accurate.

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