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.
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Jalen Brunson had 26 points and the Knicks snapped the Trail Blazers' five-game winning streak with a 123-114 victory Sunday.
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
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Trump administration officials are set to meet with Danish officials about Greenland on Wednesday, diplomatic sources tell CBS News.
As Kalshi and Polymarket become more popular, lawmakers in New York are scrambling to create new rules for prediction markets.
Once an elementary school teacher in the Bronx, Kamar Samuels now leads the nation's largest school system under NYC Mayor Zohran Mamdani.
The potential for a major nurses strike in New York City is growing by the minute, with major hospitals and the New York State Nurses Association failing to get a deal done before Sunday's midnight deadline.
At least 100 demonstrators took to New York City's Federal Plaza in the rain Saturday afternoon to condemn the shooting.
New York City is committing $4 million to expand public bathroom access across the five boroughs, Mayor Mamdani announced Saturday.
It was a mostly dry Sunday, until some snow squalls briefly hit the Tri-State Area on Sunday night.
Investigators said the victim was struck by a bullet inside his Danbury, Connecticut, home, and it came from the unit next door.
Enjoy the spring preview while it lasts because umbrellas will be your best friend this weekend!
It will feel more like March than January.
While Tuesday may have some bumps, the trend is toward milder, more pleasant weather.
Richard Codey, the former governor of New Jersey and the state's longest-serving lawmaker, has died, his family announced.
There were two deadly shootings in Middlesex County, New Jersey, just hours apart this weekend, both involving teenagers.
It was a mostly dry Sunday, until some snow squalls briefly hit the Tri-State Area on Sunday night.
New Jersey has confirmed its first pediatric flu death of the 2025-26 season, which health leaders warn has been seeing cases spread at alarming rates.
Police say a rock was thrown at a school bus on the New Jersey Turnpike, shattering a window and seriously injuring a young child.
New York state is taking legal action against the Trump administration for halting construction of five offshore wind farms.
It was a mostly dry Sunday, until some snow squalls briefly hit the Tri-State Area on Sunday night.
Enjoy the spring preview while it lasts because umbrellas will be your best friend this weekend!
John Pillaccio, accused in the fatal stabbing of a CVS employee on Long Island on Christmas Day, appeared before a judge on Wednesday.
It will feel more like March than January.
As Kalshi and Polymarket become more popular, lawmakers in New York are scrambling to create new rules for prediction markets.
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
Trump administration officials are set to meet with Danish officials about Greenland on Wednesday, diplomatic sources tell CBS News.
Once an elementary school teacher in the Bronx, Kamar Samuels now leads the nation's largest school system under NYC Mayor Zohran Mamdani.
President Trump appeared to lay out his red line of action on Friday when he warned that if the Iranian government began "killing people like they have in the past, we would get involved."
The potential for a major nurses strike in New York City is growing by the minute, with major hospitals and the New York State Nurses Association failing to get a deal done before Sunday's midnight deadline.
New Jersey has confirmed its first pediatric flu death of the 2025-26 season, which health leaders warn has been seeing cases spread at alarming rates.
A potentially deadly and drug-resistant fungus is spreading nationwide, including New York and New Jersey.
Brooklyn-based Maimonides Health is merging with NYC Health + Hospitals, New York City health leaders announced.
New Jersey state health officials are warning of potential measles exposures at Newark Liberty International Airport before Christmas.
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Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Video of an angry confrontation during intermission at a performance of "Mamma Mia!" on Broadway is going viral on social media.
Weinstein's defense attorney told the judge he'd like to pursue plea negotiations after last year's mistrial on a rape charge.
Jalen Brunson had 26 points and the Knicks snapped the Trail Blazers' five-game winning streak with a 123-114 victory Sunday.
Cedric Coward hit two late 3-pointers and scored 21 points to help the Grizzlies hold off the Nets 103-98 on Sunday.
Cody Glass scored twice, but the Devils dropped their fourth straight, 4-3 to the Jets on Sunday.
The Islanders beat the Wild 4-3 on Saturday night.
Pavel Zacha recorded his first career hat trick - one of his goals coming while most of New York's players were in the locker room at the end of the first period - and the Boston Bruins coasted past the Rangers 10-2 on Saturday.
Legislation would protect and expand hunger programs and improve benefit security as New York pantries see rising demand.
The people and businesses of Ridgewood, Queens, have banded together to help those impacted by the recent apartment building fire.
Student athletes at a high school in Queens have won both state and national video game championships.
Thousands of teachers across New York are participating in a statewide campaign demanding pension reform.
For the 48th year, El Museo del Barrio hosted a parade in East Harlem for Three Kings' Day.
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.
In the interim, CBS News New York's Lonnie Quinn is calling for the sun to make appearances on Monday, Tuesday and possibly Wednesday, with temperatures in the mid to upper 40s each day.
As users of sites like Kalshi and Polymarket grow, so do concerns about insider trading and reckless gambling. CBS News New York investigative reporter Tim McNicholas has the story.
CBS News New York's Lisa Rozner spoke with colleagues who credit the former governor for legislation that changed smoking laws, mental health treatment, and paved the way for the construction of MetLife Stadium.
Tensions have continued to grow following last week's fatal shooting of Renee Good by an ICE agent, prompting more protesters across the country to rally for justice and change. CBS News New York's Jenna DeAngelis reports.
New video shows the truck speeding by, as protesters chased after it. One man was taken into custody. CBS News New York's Allen Devlin has the story.
