Justice Department Distributes $568 Million To Bernie Madoff Ponzi Scheme Victims
Thirty-one thousand people lost money in Madoff's financial fraud, one of the biggest in history.
Bernie Madoff
Infamous Ponzi Schemer Bernie Madoff Dies In Prison At 82
Madoff died at the Federal Medical Center in Butner, North Carolina, apparently from natural causes.
Bernie Madoff Asks To Make 'Dying, Personal Plea' To Judge For Early Release
Attorney Brandon Sample told Judge Denny Chin that Madoff, 81, and confined to a wheelchair, should be allowed to contest claims by prosecutors that he has failed to show remorse.
Prosecutors Ask Judge To Deny Bernie Madoff's Request For Release
Madoff's lawyers want him freed under a program that permits the release of some inmates who have less than 18 months to live.
Bernie Madoff Asks To Be Released From Prison Because Of Failing Health
He was sentenced to 150 years in prison for using his investment firm to cheat clients out of billions of dollars.
Bernie Madoff Asks President Trump For Sentence Reduction
The Department of Justice confirmed Madoff filed paperwork asking the president, who has final say on clemency, to commute his term.
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.
Recovery Milestone Reached For Madoff Victims
The money represents approximately 75% of the estimated $17.5 billion in principal lost by customers who filed claims.
Madoff Ponzi Scheme Victims Might Split $342 Million Repayment Next Year
Victims of the Bernard Madoff Ponzi scheme will split a repayment of about $342 million in January under a plan by a court trustee.
Irwin Lipkin, Last Madoff Scheme Defendant, Gets 6 Months In Prison
A judge sentenced the last defendant in the Bernard Madoff Ponzi scheme case on Wednesday to six months in prison.
Madoff Accountant Spared Prison Time After Admitting To Role In Ponzi Scheme
A judge spared Paul Konigsberg prison time and agreed not to require post-sentence supervision.
Former Bernie Madoff Accountant Sentenced To Home Detention
A former accountant who certified fake financial records hiding Bernard Madoff's epic Ponzi scheme was sentenced on Thursday to one year of home confinement.
Bernie Madoff's Former Secretary Gets 6 Years In Prison
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.
Trustee: Half-Billion Dollar Settlement Reached For With 2 Madoff Funds
The trustee recovering money for thousands of investors said Monday that a half-billion-dollar settlement has been reached with two financial funds that invested with Ponzi schemer Bernard Madoff.
Andrew Madoff, Son Of Disgraced Ponzi Schemer Bernard Madoff, Dies Of Lymphoma
In an interview with "60 Minutes" in 2011, Madoff insisted he had no idea what his father was up to.
Madoff Accountant Admits To Role In Infamous Ponzi Scheme
A senior partner at a New York accounting firm has now pleaded guilty to his role in the multi-billion dollar Bernard Madoff Ponzi scheme.
Report Finds Losses Of $1 Billion At Yeshiva University
Yeshiva University is reportedly $1 billion in the red, with $500 million in debts and another $500 million in losses with risky investments.
Guilty Verdicts For 5 Former Bernard Madoff Employees
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.
Closing Arguments Wrap Up In Fraud Trial Of Ex-Madoff Employees; Deliberations To Begin Monday
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.
Fate Of 5 Ex-Madoff Employees To Soon Be In Jury's Hands
The prosecution wraps up closing statements in the trial against five former aides to Ponzi schemer Bernard Madoff. Madoff's former secretary, his former head of operations, an account manager and two computer programmers are on trial.
Bernie Madoff's Secretary Takes The Stand As Feds Try To Extend Prosecution
Convicted swindler Bernie Madoff's secretary took the stand nearly five years after her former boss went to prison.
Deadline Extended For Madoff Victim Relief Fund
The fund will distribute assets forfeited in the Madoff case. It's separate from a bankruptcy court proceeding that has recovered money to redistribute to burned Madoff clients.
Report: Madoff Battling Cancer, Recovering From Heart Attack
Madoff was sentenced to 150 years in prison after pleading guilty in 2009 for bilking investors of $65 billion. He ran his operation out of an office in the Lipstick Building in Midtown Manhattan.
JPMorgan To Pay Largest Ever Settlement Over Madoff's Ponzi Scheme
The bank will pay $1.7 billion to settle criminal charges and a $350 million civil penalty for what the Treasury Department called "critical and widespread deficiencies'' in its programs to prevent money laundering and other suspicious activity.
Former Madoff Deputy Testifies On 5th Anniversary Of Ponzi Schemer's Arrest
New York financier Bernard Madoff's former right-hand man summed up his boss' arrest exactly five years ago with two words: "Madoff Implodes.''
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R. Kelly sentenced to 30 years in prison
Kelly was accused of using his celebrity status and a network of people to target girls, boys and young women for sex.
Fresh off primary win, Gov. Hochul turns to gun permits, carry rules
She is focusing on Thursday's special session of the Legislature to find ways to limit the effect of the Supreme Court ruling.
Video of man with gun in subway station sparks concealed carry concerns
Police say the passenger is former law enforcement and was defending himself, so he was not charged.
Experts remind public to leave fireworks to professionals
One mistake could send you and your family to the hospital, or worse.
Mom, half-brother charged with murder in Bronx girl's death
Police say she was found with blunt force trauma to her stomach and trauma to her face and arms on Aug. 10, 2021.
Crime Without Punishment: A closer look at disparities in NYPD's homicide clearance rates
According to data analyzed by CBS News, the national homicide clearance rate has been improving for cases involving white victims, but falling for Black and Hispanic victims.
Fishermen catch small shark at Nassau County beach
Once on the sand, they removed the hook and released the shark.
Crews begin setting up for Macy's 4th of July Fireworks
Crews started setting up the 96,000 pounds of pyrotechnics Wednesday.
Officials report increase in guns found at Newark Airport
The TSA says 80% of the firearms were loaded.
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Crews begin setting up for Macy's 4th of July Fireworks
Crews started setting up the 96,000 pounds of pyrotechnics Wednesday.
Ohio couple charged in multi-state sex trafficking ring
The alleged crimes occurred throughout the Tri-State Area, as well as in Pennsylvania, Delaware and Massachusetts.
Giuliani's former Ukraine fixer gets 20 months in prison
Addressing the court, Parnas sobbed and apologized to those who had lost money investing in his business ventures.
Gowanus Dredgers Canoe Club hosts 4th annual Pride Paddle
New Yorkers celebrated the end of Pride month in a unique way, by navigating the infamous Gowanus Canal by canoe
Video of man with gun in subway station sparks concealed carry concerns
Police say the passenger is former law enforcement and was defending himself, so he was not charged.
Connecticut News
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Tri-State Area joins effort to boost offshore wind industry
The president aims to be able to power 10 million homes with wind energy by 2030.
Investigators say 6-year-old burned Bridgeport boy was not intentionally set on fire
Officials say there's no evidence any of the children deliberately hurt one another.
Conn. woman dies after being infected with tickborne virus
She is the second person in Connecticut to test positive for the virus this year and the first to die.
For first time ever, average gas prices in New York hits $5
Drivers across the Tri-State Area continue to feel the squeeze at the pump.
Drivers hoping for relief as gas prices again hit record highs
The national average for a gallon of regular reached $4.87 on Monday. It's even more expensive in the Tri-State Area.
New Jersey News
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Officials report increase in guns found at Newark Airport
The TSA says 80% of the firearms were loaded.
Police searching for suspects after car plows into N.J. flower shop
Surveillance video shows the moment a Ford Edge went full speed into Morningside Florist on West Broadway.
1-year-old critical after near drowning in N.J., police say
The incident happened around 7 p.m. Monday at a home on Beechwood Drive.
Harassing packages sent to former NJ home of Samuel Alito
Authorities say erroneous information on the internet claims Alito still lives in West Caldwell.
Port Authority asks flyers to pre-book parking at airports
The Port Authority says travelers who do not pre-book parking spots will be charged a summer peak period surcharge.
Long Island News
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Experts remind public to leave fireworks to professionals
One mistake could send you and your family to the hospital, or worse.
Fishermen catch small shark at Nassau County beach
Once on the sand, they removed the hook and released the shark.
Strangers, social media help woman get back dresses she left on LIRR
Judie Ulberg knows how stressful weddings can be. She works in the business. But this was different.
Nassau County rolling out "vaxmobile" for children
The CDC and FDA recently approved Moderna and Pfizer COVID vaccines for children 6 months of age and older.
Police: Missing 10-year-old from North Bellport found safe
The girl had been reported missing after she was dropped off by a rideshare in Hempstead on Monday.
Politics
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Fresh off primary win, Gov. Hochul turns to gun permits, carry rules
She is focusing on Thursday's special session of the Legislature to find ways to limit the effect of the Supreme Court ruling.
Former aide on Jan. 6 warnings, pardon requests, and Trump trying to grab the wheel
Cassidy Hutchinson, an aide to former chief of staff Mark Meadows, testified that Trump said about the crowd at the Ellipse "something to the effect of, 'I don't effing care that they have weapons.'"
Hochul, Zeldin projected winners in N.Y. primary election
Gov. Kathy Hochul and Congressman Lee Zeldin will go toe-to-toe in November.
Harassing packages sent to former NJ home of Samuel Alito
Authorities say erroneous information on the internet claims Alito still lives in West Caldwell.
Mayor Eric Adams says Rudy Giuliani should be investigated in slap probe
Adams told reporters on Tuesday that the district attorney should investigate Giuliani for falsely reporting a crime.
Health
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Chokshi details de Blasio-Cuomo tensions during pandemic
Dr. Dave Chokshi says the tensions between Mayor de Blasio and Gov. Cuomo got in the way of public health.
Westchester County passes law allowing women safe access to abortion
The Reproductive Health Care Facilities Access Act passed the county Board of Legislators on Monday night.
Health officials await additional monkeypox vaccines; Cases climb to 48 in New York City
The demand was overwhelming, and all appointments were booked through Monday.
Second day of long lines for monkeypox vaccine at Chelsea health clinic
The Chelsea Sexual Health Clinic opened at 11 a.m., but the line for a vaccine started forming outside about three hours earlier.
Hundreds line up for monkeypox vaccine in New York City
Demand was so high that it overwhelmed capacity and forced the city cut off walk-ins.
Entertainment
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Off-Broadway events offer affordable, family-friendly fun
Offerings include some familiar characters and prices that don't strain family budgets, with some shows for free.
R. Kelly faces sentencing in Brooklyn court
Kelly was accused of using his celebrity status and a network of people to target girls, boys and young women for sex.
Jimmy Awards honor high school musical theater performers
The two winners for Best Performance by an Actor and Actress receive $25,000 scholarships.
Teen reunites with TV crew who helped him after car crash
Back in November, the boy was pinned under a car that jumped the curb in Gravesend.
Mary Mara, "ER" and "Law & Order" actress, dies at 61 in apparent drowning
Preliminary investigations suggested that Mara died while swimming, state police said.
Sports
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Verlander dominant, sends Mets to first 3-game losing streak of season
Veteran right-hander throws two-hit ball over eight innings in Astros' 2-0 victory on Wednesday.
Judge, Stanton homer as Yankees sweep A's, improve to 56-20
With the 5-3 victory, the Bombers are now 56-20, matching 2001 Mariners and 1998 Yankees for best start since 1930.
Sears pitches major league-best Yankees past lowly A's
Sears (3-0) made his second spot start and limited the A's to three hits in 5 2/3 innings.
Tucker homers, Valdez goes 8 in Astros' romp over Mets
Carlos Carrasco (8-4) had a second straight rocky outing against Houston.
Yankees score 6 in the 7th, take down struggling Athletics
Trailing by four runs early, Bombers rally for 23rd come-from-behind victory of the season, 9-5 on Monday night.
The Dig
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8 Hands Farm: Regenerative farming takes root on the North Fork
"It's one of the few professions where you work with your heart, your hands, and your head at the same time," co-owner Tom Geppel told CBS2's Elle McLogan.
Zaragoza Deli & Grocery: An East Village home for Mexican family recipes
"That was my dream, to open a small business here," co-owner Pompeyo "Papa" Martinez told CBS2's Elle McLogan.
Eddie's Sweet Shop: A '1930s time warp' in Forest Hills where the ice cream is homemade
"We whip the whipped cream by hand. We make our hot fudge, caramel, most of our syrups," owner Vito Citrano told CBS2's Elle McLogan.
The Hungarian Pastry Shop: Purveyor of coffee, cake, and conversation since 1961
"Most of my customers are regulars. They come almost every day, and they feel that this is their home," Panagiotis Binioris said.
'The melting pot starts' at Kalustyan's in Midtown
For hard-to-find flavors from faraway continents, professional chefs and home cooks flock to a specialty food store founded in 1944.
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New York City Pride March draws crowd of thousands
Thousands came out for the 2022 New York City Pride March through Manhattan on Sunday.
Juneteenth celebrations held across New York City
Juneteenth celebrations took place across New York City on June 19.
Mermaid Parade returns to Coney Island for 40th anniversary
The famous Mermaid Parade returned to Coney Island on Saturday for its 40th anniversary.
Stars hit the red carpet at the 75th Annual Tony Awards
Stars of stage and screen hit the red carpet for the 75th Annual Tony Awards on Sunday night.
Remembering Ray Liotta through the years
Actor Ray Liotta has died. He was 67.
Latest Videos
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First Alert Forecast: CBS2 6/29 Evening Weather at 6PM
CBS2's Vanessa Murdock has your First Alert Forecast for June 29 at 6 p.m.
Video of man with gun in subway station sparks concealed carry concerns
Video of a man pulling out a gun in a subway station is sparking new concerns about concealed weapons in New York City. Police say the man was defending himself, so he was not charged. CBS2's Lisa Rozner looks into whether other passengers could soon resort to using guns as self-defense, too.
Auto body shop catches fire in Elizabeth, New Jersey
Crews battled a fire at an auto body shop in Elizabeth, New Jersey, on Wednesday. Dan Rice reports from Chopper 2.
TSA: More guns, ammunition found at Newark Airport
The Port Authority and TSA report a disturbing increase in guns found at airport security checkpoints.
Ohio couple charged in multi-state sex trafficking
Two people are facing charges in a multi-state sex trafficking ring.
