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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New York financier Bernard Madoff's former right-hand man summed up his boss' arrest exactly five years ago with two words: "Madoff Implodes.''
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 home that belonged to Bernie Madoff's brother, Peter, is on the market after being seized by the U.S. Marshals Service.
The 1935 mansion has five bedrooms, five bathrooms, a tennis court, swimming pool and pool house.
The prison-bound brother of convicted Ponzi scheme operator Bernie Madoff attended his granddaughter's bat mitzvah in a space described as "posh" this weekend, after a judge delayed his lockup date for the occasion.
One month before beginning his 10-year presence sentence, Peter Madoff – the brother of convicted Ponzi scheme operator Bernie Madoff – has sold his posh Park Avenue home, according to a published report.
Peter Madoff maintained that he never knew his brother was orchestrating the largest Ponzi scheme in history, but victims speaking out in court Thursday – and even the judge herself -- don't believe him.
Peter Madoff, the younger brother of convicted Ponzi schemer Bernie Madoff, pleaded guilty Friday to charges he doctored documents that helped conceal a fraud that wiped out thousands of investors.
Peter Madoff, the former chief compliance officer at the private investment arm of Bernard Madoff's business, has agreed to serve a decade in prison, they said.
Peter Madoff is selling off a 14-room home in Old Westbury as he faces a lawsuit by the trustee reclaiming funds for investors in his brother's Ponzi scheme.
Aaron Judge went hitless on opening day for the first time and struck out four times for the first time since September 2024, but the New York Yankees still produced plenty of offense and beat San Francisco 7-0 in the debut of Giants manager Tony Vitello as the major league season began.
The Toronto Maple Leafs topped the Rangers 4-3 on Wednesday night, eliminating New York from playoff contention.
The family of Marcus Burks believes he did not receive the assistance he needed after a car crash in Newburgh, New York, in January.
A Trump administration official has made new criminal referrals against New York Attorney General Letitia James to federal prosecutors in Miami and Chicago for two cases of possible homeowner's insurance fraud, sources told CBS News.
Rapper Megan Thee Stallion made her Broadway debut Tuesday night, adding some of her own big hits to "Moulin Rouge! The Musical."
The family of Marcus Burks believes he did not receive the assistance he needed after a car crash in Newburgh, New York, in January.
Rapper Megan Thee Stallion made her Broadway debut Tuesday night, adding some of her own big hits to "Moulin Rouge! The Musical."
A Brooklyn high school football player was fatally shot by a teammate while they were passing around a gun for fun, officials said.
An investigation is underway following the discovery of a possible pipe bomb inside a home in the Gravesend section of Brooklyn on Wednesday morning.
The bodies of the two pilots killed when an Air Canada plane collided with a Port Authority truck at LaGuardia Airport on Sunday night were to be transported back to Canada on Wednesday.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
The New York City area will be under a wind advisory Monday with periods of heavy rain and severe thunderstorms expected across the region.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
It will be rainy on Thursday morning, and the weather will change to snow as temperatures drop across the Tri-State Area.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
Gov. Mikie Sherrill signed three bills into law Wednesday limiting the power of ICE agents in New Jersey.
A 16-year-old boy is fighting for his life after he was stabbed Tuesday in Hackensack, New Jersey, his family told CBS News New York.
Gov. Mikie Sherrill signed an executive order Tuesday that pushes NJ Transit to improve the rider experience.
ICE agents began patrolling at JFK Airport in NYC and Newark Airport in New Jersey on Monday.
The air traffic control tower at Newark Liberty airport in New Jersey was evacuated early Monday, after a report of smoke inside the tower.
A second person was arrested Tuesday in connection with a 2021 acid attack on Long Island college student Nafiah Ikram.
High school students are helping residents in assisted living in Long Island, New York feel a bit more confident with makeovers.
Two of the most storied programs in men's college basketball, St. John's and Kansas, will battle it out later Sunday.
A Long Island teenager accused of killing his ex-girlfriend in November allegedly plotted to burglarize the victim's home.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
A Trump administration official has made new criminal referrals against New York Attorney General Letitia James to federal prosecutors in Miami and Chicago for two cases of possible homeowner's insurance fraud, sources told CBS News.
Gov. Mikie Sherrill signed three bills into law Wednesday limiting the power of ICE agents in New Jersey.
At least 27 early childhood education centers across the city are vacant, NYC's deputy chancellor of the Division of Early Childhood Education said.
A potential deal to end the DHS shutdown has stalled on Capitol Hill after Senate Democrats made their latest counteroffer.
Frustration over long security lines at airports reached new heights on Monday when the delay hit investigators trying to reach the scene of the deadly runway collision at LaGuardia Airport.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
Rapper Megan Thee Stallion made her Broadway debut Tuesday night, adding some of her own big hits to "Moulin Rouge! The Musical."
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
Aaron Judge went hitless on opening day for the first time and struck out four times for the first time since September 2024, but the New York Yankees still produced plenty of offense and beat San Francisco 7-0 in the debut of Giants manager Tony Vitello as the major league season began.
The Toronto Maple Leafs topped the Rangers 4-3 on Wednesday night, eliminating New York from playoff contention.
Major League Baseball is set to return to New York City as the New York Mets will take on the Pittsburgh Pirates in their home opener on Thursday.
Jack Hughes scored twice in a four-goal first period as New Jersey beat Dallas 6-4, ending the Stars' run without consecutive regulation losses.
The New York Knicks beat the New Orleans Pelicans 121-116 on Tuesday night for their seventh straight victory.
From World War II to modern mixology, women in Brooklyn fought for their place behind the bar. This Women's History Month, their legacy continues to influence the city's nightlife.
A new performing arts venue with a focus on immigrant stories is opening in Upper Manhattan this fall. CBS News New York's Noëlle Lilley got an exclusive tour of the construction that will give The People's Theatre its first home in more than 15 years.
Members of the Apollo Theater, where Kiki Shepard left her mark for 15 years, reflect on her legacy after the Harlem icon's death at age 74.
The Rev. Al Sharpton is calling on New York City to help protect the Merchant's House Museum in Manhattan after a recent discovery revealed connections to the Underground Railroad.
A Harlem school is teaching students how to love, honor and care for their natural hair.
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 has your First Alert Forecast for March 25 at 11 p.m.
The Air Canada plane and fire truck involved in Sunday's deadly crash at LaGuardia Airport were moved off the runway Wednesday. CBS News New York's Allen Devlin reports.
Residents in Williamsburg have been dealing with loud screams at night, sometimes lasting for hours, and say one man is the culprit. As CBS News New York's Adi Guajardo shows us, neighbors are concerned for his mental health, and one city leader is trying to help.
The NYPD is investigating after a man says he hired someone to walk his four bulldogs, and they were never returned.
In a landmark social media addiction trial in Los Angeles, Meta and YouTube have been found liable for a product that harms the children who use it. CBS News New York's Dick Brennan reports.
