Madoff's Former Secretary Seeks Early Prison Release
Attorney Roland Riopelle says 70-year-old Annette Bongiorno will have served two thirds of her six-year prison term by March 19 and should be released then.
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Attorney Roland Riopelle says 70-year-old Annette Bongiorno will have served two thirds of her six-year prison term by March 19 and should be released then.
Annette Bongiorno she apologized to victims of the multi-decade, multi-billion dollar fraud and berated herself for failing to see past her boss's influence and the riches he bestowed on her.
The verdicts came Monday in a Manhattan trial that lasted nearly six months. The federal court trial was the first to result from the multi-decade fraud that landed Madoff in prison for 150 years.
The jury has the monumental task of sorting through five months of testimony to determine whether the ex-Madoff employees knew that their jobs involved perpetuating a massive Ponzi scheme.
prosecutor John Zach told jurors Tuesday that Madoff depended on his former secretary, his former head of operations, an account manager and two computer programmers to keep his fraud alive for four decades.
Convicted swindler Bernie Madoff's secretary took the stand nearly five years after her former boss went to prison.
Daniel Bonventre has pleaded not guilty to fraud charges. Authorities say he cooked the books to throw off regulators.
Bernard Madoff placed no premium on further education for the employees he hired right out of high school -- the less they knew, the better -- the Ponzi schemer's longtime lieutenant testified Monday.
The cross-examination of the government's star witness in the trial of five of Bernard Madoff's former empoyees has given the jury new insight into the way disgrace financier ran his massive Ponzi scheme.
Frank DiPascali testified that his boss would "razzle dazzle" auditors by using computer programs specially designed to make it appear that fake investments were real.
Bernard Madoff's former right-hand man is about to take center stage at the trial of five former co-workers. Prosecutors plan to call Frank DiPascali to the witness stand this week in federal court in Manhattan.
Enrica Cotellessa-Pitz, who worked for Madoff for three decades, is testifying against five former colleagues in exchange for leniency.
The trial against five of Bernard Madoff's former employees continued Wednesday with testimony from consultants who investigated the firm following Madoff's arrest.
The trial follows the 2008 collapse of Madoff's private investment business, which cost clients nearly $20 billion. A court-appointed trustee has recovered much of the money by forcing those customers who received big payouts from Madoff to return the funds.
Five former employees of imprisoned Ponzi scheme operator Bernard Madoff were introduced to 200 prospective jurors Tuesday, as jury selection began in their fraud trial.
Bernard Madoff's former secretary has made bail and will await her New York trial while on house arrest.
U.S. District Judge Laura Taylor Swain rejected the arguments by lawyers for 62-year-old Annette Bongiorno that her husband should be allowed to post money from his bank accounts to support a bail package.
Federal Judge Laura Taylor Swain noted that Annette Bongiorno concedes she has $2.4 million. Prosecutors say Madoff's 62-year-old longtime secretary likely has stashed away millions more.
The lawsuit was filed in the U.S. Bankruptcy Court for the Southern District of New York.
Picard said his firm is seeking about $69 million in funds deposited by the company's customers and stolen in the 72-year-old's vast Ponzi scheme.
The lawsuit alleges 23 counts of financial fraud and misconduct. It seeks to recover at least $2 billion to be distributed to Madoff victims.
Bongiorno and another former Madoff aide were arrested last week on conspiracy, securities fraud and other charges arising from the multibillion-dollar Ponzi scheme. They could each face decades in prison if convicted.
A half dozen employees have been charged since FBI agents showed up at Madoff's penthouse apartment in Manhattan on Dec. 11, 2008.
Two longtime back office employees of Bernard Madoff were arrested Thursday on charges that they helped the disgraced financier dupe investors for decades by making fictitious investments.
Federal prosecutors in New York are seeking over $5 million in assets belonging to a former office supervisor for jailed financier Bernard Madoff.
Data shows a massive increase in pump-and-dump schemes over the last year. Two traders from New York say it cost them tens of thousands of dollars.
Mika Zibanejad had two goals and an assist, and the New York Rangers scored on three power plays in a 6-2 win over the Philadelphia Flyers on Monday night.
NYPD Officer Sorffly Davius, who died in Kuwait over the weekend on deployment for Operation Epic Fury, was honored with a dignified transfer.
The escalating war in Iran is having a serious impact on gas prices. However, there may be hope on the horizon.
Jurors in Manhattan federal court reached a verdict Monday after weeks of testimony in the sex trafficking trial of brothers Tal, Oren and Alon Alexander.
Data shows a massive increase in pump-and-dump schemes over the last year. Two traders from New York say it cost them tens of thousands of dollars.
NYPD Officer Sorffly Davius, who died in Kuwait over the weekend on deployment for Operation Epic Fury, was honored with a dignified transfer.
The escalating war in Iran is having a serious impact on gas prices. However, there may be hope on the horizon.
Some say Mamdani's remarks on the "ISIS-inspired" attack were a calculated public relations performance to support the NYPD, an agency he has decried in the past.
New York City Police are looking for the man accused of pushing two men onto the subway tracks on the Upper East Side Sunday.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Snow and rain will make for messy morning and evening commutes for New Yorkers on Tuesday. It's a First Alert Weather Day.
The Tri-State Area's weekend is looking like a tale of two seasons with both snow and sunshine.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
While the money promised by Gov. Mikie Sherrill will help Phillipsburg make sinkhole repairs, it won't be enough to get everyone back in their homes.
The suspect allegedly used Google Translate to threaten to shoot a cashier at Mi Rinconcito Ecuatoriano in Newark.
Americans coming from the Middle East arrived at JFK Airport on Thursday and said the U.S. evacuation plan after attacking Iran was grossly insufficient.
New Jersey E-ZPass users could soon be able to ditch the tags mounted to their windshields to pay tolls.
Data shows a massive increase in pump-and-dump schemes over the last year. Two traders from New York say it cost them tens of thousands of dollars.
Virtual reality is helping some veterans on Long Island travel the world again without leaving their nursing home.
Many of these Long Islanders believe their section of New York's shoreline is shrinking because of the brutal winter.
John Miro, a 70-year-old Long Island crossing guard who was struck by a driver while on the job last week, has died, police confirm.
Middle Country Road in Suffolk County will be getting major improvements, as a portion of it has been on a list of New York's ten deadliest roads for years.
The escalating war in Iran is having a serious impact on gas prices. However, there may be hope on the horizon.
Some say Mamdani's remarks on the "ISIS-inspired" attack were a calculated public relations performance to support the NYPD, an agency he has decried in the past.
At a Miami-area news conference Monday, President Trump said he expects the war in Iran to end "very soon," but also called it "the beginning of building a new country."
Live Nation, the parent company of Ticketmaster, has reached a deal with the Department of Justice as part of a high-stakes antitrust trial.
Two IEDs were thrown during protests outside New York City Mayor Zohran Mamdani's residence, Gracie Mansion, on Saturday, the NYPD said.
A new study shows toxic forever chemicals known as PFAS may be entering the food chain on Long Island through contaminated soil, water and air.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Failed contract agreements between Mount Sinai and Anthem have caused thousands of New York patients to lose in-network care.
New York Attorney General Letitia James' office has ordered NYU Langone Health to resume its Transgender Youth Health Program.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Actress Daryl Hannah explains why the depiction of herself in the FX miniseries "Love Story" is unacceptable in an op-ed in Friday's New York Times.
Justin Timberlake is suing Sag Harbor to prevent the release of bodycam video of his 2024 arrest for driving while intoxicated on Long Island.
Brian Anthony Moreland is a Tony Award-nominated producer who has worked on numerous hit shows and joins a short list of Black producers working on Broadway.
Pokémon fans across New York City waited in live for special events marking the franchise's 30th anniversary.
Mika Zibanejad had two goals and an assist, and the New York Rangers scored on three power plays in a 6-2 win over the Philadelphia Flyers on Monday night.
Baltimore Ravens' tight end Isaiah Likely and All-Pro punter Jordan Stout are following John Harbaugh to the New York Giants, the Associated Press reported.
Minkah Fitzpatrick is coming to the New York Jets and will fill a major need for Aaron Glenn's defense.
John Gibson and Cam Talbot combined to make 31 saves, Dominik Shine scored his first NHL goal and the Red Wings beat the Devils 3-0 on Sunday night.
Wiki Carmona scored two goals against his former team after Prince Owusu found the net on a penalty kick and CF Montreal thumped the Red Bulls 3-0 on Sunday.
Neighbors and local businesses in Long Island City, Queens, say rental trucks parked on streets are impacting daily operations.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
Manhattan historians recently discovered a link to the Underground Railroad at the Merchant's House Museum.
The National Dance Institute in Harlem hosts a special camp twice a year to bring together dancers with and without special needs for a dance camp, proving anyone can take center stage.
Could New York City's harsh winter weather end up curbing the number of rats? Here's why experts are saying don't count on it.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
CBS News New York's Lonnie Quinn says starting Wednesday the Tri-State Area will see a little bit of everything for about a week.
It's a type of stock market scheme that's emptying bank accounts all over the country. Two stock traders from New York told investigative reporter Tim McNicholas it cost them tens of thousands of dollars.
Officials say it happened Monday near Twin Lakes Park in the Eastchester-Bronxville area. CBS News New York's Kristine Johnson reports.
One of the victims, an 83-year-old man, is now on life support. The random attack happened at the 63rd Street and Lexington Avenue station on the Upper East Side. CBS News New York's Adi Guajardo spoke with the other victim, who is still recovering.
The president said during a press conference Monday that things are progressing ahead of schedule. This comes as Vice President J.D. Vance oversaw the dignified transfer of a seventh U.S. serviceman. CBS News New York's Allen Devlin reports.
