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.
Watch CBS News
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.
A NYCHA employee was killed when a tree fell on him in Brooklyn on Saturday.
The New York Mets defeated the Washington Nationals 7-1 on Saturday.
Staten Island City Councilman Frank Morano is calling for Mayor Zohran Mamdani to change course on how he's handling homelessness in the city.
A nor'easter is bringing strong winds, heavy rain and flooding to New York and New Jersey this weekend.
Twenty-five years ago, a Soviet-designed helicopter crossed the mountains of Afghanistan with the first CIA officers sent into the country after 9/11, the opening move in what would later become America's longest war.
A NYCHA employee was killed when a tree fell on him in Brooklyn on Saturday.
Staten Island City Councilman Frank Morano is calling for Mayor Zohran Mamdani to change course on how he's handling homelessness in the city.
A nor'easter is bringing strong winds, heavy rain and flooding to New York and New Jersey this weekend.
The man who killed a Columbia University student in a random attack near campus in 2021 was sentenced Friday.
A weeks-long effort to build an accessible outdoor gathering space brings South Brooklyn's Jewish community together for Sukkot.
This weekend's nor'easter is bringing coastal flooding concerns and bands of rain to New York City and the Tri-State Area.
We're set for a First Alert Weather Day for Saturday due to expected heavy rain and potential coastal flooding.
The Beardsley Zoo in Bridgeport announced it welcomed its first-ever red panda cub, marking an important achievement for the endangered species.
Rain totals on Sunday were much less substantial compared to last Sunday's prolific totals, generally averaging less than 1 inch in most locations.
Fire departments were hard at work in Paterson, New Jersey, and Fairfield County, Connecticut, due to flash flooding on Sunday morning.
A nor'easter is bringing strong winds, heavy rain and flooding to New York and New Jersey this weekend.
Strong winds, steady rain and pounding waves brought flooding to parts of Atlantic City as a nor'easter moved through the Philadelphia region.
A state of emergency has been declared in New Jersey, and down the Jersey Shore, emergency officials in one town have issued a voluntary evacuation notice.
New Jersey Lt. Gov. Dale Caldwell submitted his resignation Friday, Gov. Mikie Sherrill announced.
This weekend's nor'easter is bringing coastal flooding concerns and bands of rain to New York City and the Tri-State Area.
A nor'easter is bringing strong winds, heavy rain and flooding to New York and New Jersey this weekend.
Tri-State Area residents who have been hit hard by storms in the past were putting their preparations in place Friday ahead of this weekend's nor'easter. CBS News New York's Scott Padgett, Andrew Ramos, Rob Flaks and Adi Guajardo report.
Nassau County Executive Bruce Blakeman joined Suffolk County Executive Ed Romaine in signing a state of emergency declaration for their counties.
CBS News New York's John Elliott, Ali Bauman and Elijah Westbrook have team coverage.
This weekend's nor'easter is bringing coastal flooding concerns and bands of rain to New York City and the Tri-State Area.
Twenty-five years ago, a Soviet-designed helicopter crossed the mountains of Afghanistan with the first CIA officers sent into the country after 9/11, the opening move in what would later become America's longest war.
New Jersey Lt. Gov. Dale Caldwell submitted his resignation Friday, Gov. Mikie Sherrill announced.
Iran had presented a seven-day plan to reopen the Strait of Hormuz and return to negotiations for a lasting end to the war.
Some units would "possibly [be] needed in 90-120 days," according to an internal Army message reviewed by CBS News.
New Jersey Gov. Mikie Sherrill is calling for her own lieutenant governor, Dale Caldwell, to resign.
CBS News New York's Jennifer Bisram shares the personal details of her life-or-death brain aneurysm scare.
An 86-year-old Long Island grandfather is cancer-free thanks to medical advances and a doctor who took on a risky case.
New York City health officials have identified cooling towers potentially linked to a Legionnaires' disease cluster in the South Bronx.
NYU Langone has reached an agreement with the Justice Department to end gender-affirming care for minors.
A second person has died in the Legionnaires' disease cluster in the South Bronx.
Challenging documentaries and award-winning features are among the offerings of New York City's leading cinema event, starring such luminaries as Pedro Pascal, Adam Driver, Scarlett Johansson, Julianne Moore and Godzilla.
The 2026 Global Citizen Festival that was set to take over the Great Lawn in New York City's Central Park Saturday has been canceled.
The anonymous woman who accused Jay-Z of sexually assaulting her said in a new court filing that she never met the rap mogul.
Thousands are expected to pack Central Park's Great Lawn for a day full of live music on Saturday.
The "Opera for All" lottery will be for New Yorkers who haven't attended a performance at the Met since 2019.
The New York Mets defeated the Washington Nationals 7-1 on Saturday.
The New York Yankees beat the Baltimore Orioles 6-3 Friday night for a doubleheader split.
The Mets were assured their first last-place finish since 2003, losing to the Nationals 7-6 on Friday night.
Baseball's postseason will start with one of its classic rivalries: Red Sox vs. Yankees.
The Baltimore Orioles routed the New York Yankees 10-2 in a doubleheader opener on Friday.
A weeks-long effort to build an accessible outdoor gathering space brings South Brooklyn's Jewish community together for Sukkot.
Maimonides Medical Center expanded its neonatal intensive care unit to 48 beds in 2024, the largest Level IV NICU in Brooklyn, as families navigate lengthy hospital stays with their most fragile newborns.
Neighbors have been waiting since 2021 for the bridge over the Belt Parkway to be rebuilt and reconnect Bath Beach with the waterfront.
The People's Theatre now has its first permanent home in more than 15 years, thanks to help from theater legends from the neighborhood, like Lin-Manuel Miranda.
Brooklyn Greenway Initiative's 1.8-acre native plant sanctuary marks 10 years at a site where historians believe hundreds of human remains still lie
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
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.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
CBS News New York's Vanessa Murdock has the latest on the nor'easter impacting the New York and New Jersey area on Saturday, Sept. 26.
CBS News New York's Vanessa Murdock has the latest on the nor'easter impacting the New York and New Jersey area on Saturday, Sept. 26.
CBS News New York's Vanessa Murdock has the latest on the nor'easter impacting the New York and New Jersey area on Saturday, Sept. 26.
CBS News New York's John Elliott has the latest on the nor'easter impacting the New York and New Jersey area on Saturday, Sept. 26.
CBS News New York's John Elliott has the latest on the nor'easter impacting the New York and New Jersey area on Saturday, Sept. 26.