Falk turned in a gem of a performance as one of two cabbies who falls victim to greed in the epic 1963 star-studded comedy "It's a Mad, Mad, Mad, Mad World", although he only appears in the last fifth of the movie.
Leta 1961 je z večimi oskarji nagrajen režiser Frank Capra Petra Falka izbral za vlogo v komediji "Pocketful of Miracles".