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.
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.
Big Reuse says the lot helps take in 2 million pounds of food scraps and yard waste annually to create compost.
The Hurricanes exploded for four unanswered goals in the third period in a 4-1 win over the Rangers on Monday.
Bryson Stott's ninth-inning homer, sac fly in 10th led the Phillies to a 5-4 win over the Mets on Monday.
Pro-Israel demonstrators and counter protesters descended on Times Square on Monday night.
There's an intense debate on whether to arm school security after Farmingdale schools became the latest on Long Island to plan to hire armed guards.
Big Reuse says the lot helps take in 2 million pounds of food scraps and yard waste annually to create compost.
The Hurricanes exploded for four unanswered goals in the third period in a 4-1 win over the Rangers on Monday.
Pro-Israel demonstrators and counter protesters descended on Times Square on Monday night.
There's an intense debate on whether to arm school security after Farmingdale schools became the latest on Long Island to plan to hire armed guards.
There's new momentum behind New York Mets owner Steve Cohen's proposal to build a casino in the area around Citi Field, but it's far from being a done deal.
Temperatures around New York and New Jersey will rebound nicely Monday, as highs reach the upper 60s and low 70s.
Mother's Day was mostly a gloomy day in New York City and across the Tri-State Area.
Sunday night may offer a chance to see the northern lights in suburban areas of New York City after an "extreme" geomagnetic storm reached Earth on Friday.
It will be cool with rain around the area in the morning. Rain and drizzle will linger during the remainder of the day.
Accompanying cooler temperatures will be multiple chances of rain through Sunday.
The New Jersey Senate joined the Assembly in passing a controversial overhaul to the state's Open Public Records Act.
Human remains found in Galloway Township in June 2021 were identified as Kevin Morris, who was reported missing from New York City in 2011.
Temperatures around New York and New Jersey will rebound nicely Monday, as highs reach the upper 60s and low 70s.
Mother's Day was mostly a gloomy day in New York City and across the Tri-State Area.
A new report from New Jersey's Department of Health shows lead levels in children are dropping but not gone.
There's an intense debate on whether to arm school security after Farmingdale schools became the latest on Long Island to plan to hire armed guards.
Mother's Day was mostly a gloomy day in New York City and across the Tri-State Area.
A New York Supreme Court judge has struck down Nassau County Executive Bruce Blakeman's executive order banning transgender athletes from playing women's and girl's sports at county-owned facilities.
The U.S. Coast Guard is trying to find the source of a mysterious oily sheen reported on the waters of Long Island Sound.
Sunday night may offer a chance to see the northern lights in suburban areas of New York City after an "extreme" geomagnetic storm reached Earth on Friday.
Pro-Israel demonstrators and counter protesters descended on Times Square on Monday night.
There's new momentum behind New York Mets owner Steve Cohen's proposal to build a casino in the area around Citi Field, but it's far from being a done deal.
On the stand, Michael Cohen told jurors about the decade he spent working for Trump as his self-described "fixer" and attorney.
Rep. Jamaal Bowman and challenger George Latimer continue to trade barbs in heated 16th Congressional District race.
The New Jersey Senate joined the Assembly in passing a controversial overhaul to the state's Open Public Records Act.
Leonette Belfield-Carson, whose daughter Jalissa Nadine Carson died of cancer, is now an advocate for other moms with children battling cancer.
A new report from New Jersey's Department of Health shows lead levels in children are dropping but not gone.
Kyle McMorrow was just 36 years old when he suffered a stroke last year. He woke up with neck pain one day, not realizing what was happening.
Panera is phasing out a highly caffeinated selection of lemonade beverages that's at the center of several lawsuits.
Hormel Foods says potentially contaminated products were shipped to Publix and Dollar Tree distribution warehouses.
Actor Steve Buscemi appeared to be looking at his phone moments before he was randomly punched in New York City, exclusive video obtained by CBS New York shows.
Steve Buscemi was allegedly punched in the face in Manhattan's Kips Bay neighborhood last week.
A remarkable judge of talent, Corman hired such aspiring filmmakers as Francis Ford Coppola, Ron Howard, James Cameron and Martin Scorsese.
Sean "Diddy" Combs is asking a judge to dismiss a lawsuit alleging that he and two other men raped a 17-year-old girl in a New York recording studio in 2003.
UmaSofia Srivastava resigned as Miss Teen USA on Wednesday, just two days after Noelia Voigt stepped down as Miss USA.
The Hurricanes exploded for four unanswered goals in the third period in a 4-1 win over the Rangers on Monday.
Bryson Stott's ninth-inning homer, sac fly in 10th led the Phillies to a 5-4 win over the Mets on Monday.
There's new momentum behind New York Mets owner Steve Cohen's proposal to build a casino in the area around Citi Field, but it's far from being a done deal.
Brandon Nimmo's 2-run home run in the bottom of the ninth lifted the Mets to a 4-3 win over the Braves on Sunday.
The Pacers jumped out to a big first-quarter lead and never looked back in a 121-89 win over the Knicks on Sunday.
Big Reuse says the lot helps take in 2 million pounds of food scraps and yard waste annually to create compost.
The River Garden in West Farms is a place that nurtures home-grown opportunities and curiosity.
Leonette Belfield-Carson, whose daughter Jalissa Nadine Carson died of cancer, is now an advocate for other moms with children battling cancer.
A new piece of legislation passed in the New York State Budget clarifies the distinction between squatters and tenants.
Walks in the park just got a lot brighter thanks to Harlem Sculpture Gardens, the largest outdoor public art exhibit ever in the neighborhood.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
As much of the northeast experiences heavy rains, parts of New York City are beginning to flood.
Thousands of people flooded Union Square on Friday for a PlayStation giveaway promoted by livestreamer Kai Cenat.
A crane went up in flames high above Manhattan, then partially collapsed onto the street below.
In his first day of testimony, Cohen linked the former president to payments made to adult film actor Stormy Daniels. CBS New York's Derick Waller has the latest.
CBS New York's Lonnie Quinn is also monitoring potential rain this weekend.
Actor John Krasinski says he was inspired to write and direct the movie by his own children. CBS New York's Jenna DeAngelis was at Monday's premiere in Chelsea.
It was the latest chapter in what has been a nasty campaign for the two candidates vying to represent the northern part of the Bronx and southern Westchester County in the House. CBS New York's Dick Brennan reports.
But as CBS New York's Naveen Dhaliwal reports, the only problem was two employees were stuck with the suspects while he ran to get help.