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.
Ponzi Scheme
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.
Victims In Long Island Ponzi Scheme Get Some Money Back
As two Long Island financial advisers head to prison, victims who were swindled in a Ponzi scheme are getting some payback.
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.
Man Sentenced To Nearly 2 Years In Ponzi Scheme Involving Radio Host Craig Carton
A tearful Michael Wright of Saddle River, New Jersey, was sentenced by U.S. District Judge Colleen McMahon, who likened his crime to those of multibillion-dollar Ponzi scheme king Bernard Madoff.
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.
Craig Carton Convicted On All Counts In Ponzi Scheme Trial
Prosecutors say Carton misappropriated at least $5.6 million and used it to pay off gambling debts and personal expenses.
Jury Selection Begins In 'Pharma Bro' Martin Shkreli's Fraud Trial
Federal prosecutors say Shkreli, who sparked outrage in 2015 when he increased the price of a life-saving drug used by AIDS patients from $13 to $750, cheated investors out of millions in a Ponzi scheme.
2 Men Accused Of Running Ponzi Scheme Banking On 'Hamilton,' Adele Concerts
Prosecutors on Friday alleged that two men led wealthy people to believe they were investing in ticket businesses for popular shows like an Adele concert and Broadway's "Hamilton."
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.
NY Senate Leader Dean Skelos Not Resigning Amid Federal Investigation
Republican Dean Skelos told reporters that he has hired an attorney in response to the investigation but said he had no plans to step down.
Ex-Assembly Speaker Sheldon Silver's Son-In-Law Charged In $7M Ponzi Scheme
A son-in-law of former New York Assembly Speaker Sheldon Silver was charged with defrauding investors out of $7 million in a Ponzi scheme, according to a federal complaint.
SEC Files Fraud Charges Against Former Syracuse Star, New York Giant Will Allen
Federal regulators have filed civil fraud charges against former NFL cornerback Will Allen and his business partner.
Bronx Tax Preparer Gets Up To 11 Years For Stealing $4.8 Million In Ponzi Scheme
The victims of tax preparer Robert Van Zandt said they trusted him with their live savings for decades, but he stole millions of dollars and left them broke.
Ex-L.I. Soccer Official Admits Running Ponzi Scheme
A former president of a suburban youth soccer cub has pleaded guilty to running a $5 million Ponzi scheme.
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.
Former Madoff Executive Daniel Bonventre Sentenced To 10 years In Prison
Daniel Bonventre, 67, was sentenced Monday in federal court in New York for his part in the company's yearslong multibillion-dollar fraud.
Texas Man Charged In New York In First Bitcoin Ponzi Scheme Case
Federal prosecutors in New York on Thursday announced the first bitcoin securities fraud case, accusing a Texas man of engineering a Ponzi scheme involving bitcoins.
Syosset Man Pleads Guilty To Running $30M Ponzi Scheme
Eric Aronson told a federal judge in Central Islip Friday he knew what he was doing was wrong.
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.
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Adams blasts Texas governor's "unimaginable" treatment of migrants as 2nd bus arrives
The mayor said many of the migrants had asked to go to different destinations, but were not given a choice.
Senate passes climate, health and tax bill in major win for Democrats
The bill's passage is a significant achievement for Democrats as they look to maintain their hold on Congress in the November midterm elections.
Officials activate "Code Red" heat warning in Newark for Monday
The public is being warned to use caution and limit time outdoors.
Stores: Consequence of N.J. plastic bag ban is stolen handheld baskets
As a result, the Stop & Shop on Hamburg Turnpike in Wayne only has shopping carts for shoppers to use.
Dozens of cars have tires slashed in Bayside, Queens
Police went up and down 42nd Avenue and neighboring streets Sunday and discovered 44 cars with punctured tires.
NYPD searching for suspect in stabbing at Yankee Stadium subway station
Police said the victim was riding the escalator at the station at 1:30 p.m. when someone stabbed him in the back.
Veterans honored on Purple Heart Appreciation Day in New York
Stories of heroism were told Sunday during a ceremony at the National Purple Heart Hall of Honor in New Windsor.
Suspected remains of 2 people found at scene of N.J. mansion fire
A couple in their 80s was unaccounted for, but officials did not immediately say who the remains belong to.
Caught on camera: $2M in diamonds stolen from Bronx shop
Video shows the suspects using hammers to smash display cases before loading their bags with jewels.
New York News
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Dozens of cars have tires slashed in Bayside, Queens
Police went up and down 42nd Avenue and neighboring streets Sunday and discovered 44 cars with punctured tires.
NYPD searching for suspect in stabbing at Yankee Stadium subway station
Police said the victim was riding the escalator at the station at 1:30 p.m. when someone stabbed him in the back.
Veterans honored on Purple Heart Appreciation Day in New York
Stories of heroism were told Sunday during a ceremony at the National Purple Heart Hall of Honor in New Windsor.
Adams blasts Texas governor's "unimaginable" treatment of migrants as 2nd bus arrives
The mayor said many of the migrants had asked to go to different destinations, but were not given a choice.
LL Cool J's hip-hop festival draws thousands in Queens
Organizers say partial proceeds from ticket sales will be donated to the Universal Hip-Hop Museum in the Bronx.
Connecticut News
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Connecticut launches reproductive rights website and hotline
The services were launched in the wake of the Supreme Court's decision to overturn Roe v. Wade.
Conn. education plan addresses health care worker shortage
It will offer tuition assistance to incentivize low-income and minority students to enter accelerated programs.
Connecticut man finds bear eating in his kitchen
Bill Priest, of West Hartford, walked into his kitchen Sunday and found the intruder.
New York City joins state in declaring monkeypox emergency
The numbers are troubling, and experts say vaccine delays will only allow the virus to spread more.
Over 100,000 monkeypox vaccine doses coming to NYS
The New York state health commissioner has declared the outbreak an imminent threat to public health.
New Jersey News
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Stores: Consequence of N.J. plastic bag ban is stolen handheld baskets
As a result, the Stop & Shop on Hamburg Turnpike in Wayne only has shopping carts for shoppers to use.
Officials activate "Code Red" heat warning in Newark for Monday
The public is being warned to use caution and limit time outdoors.
Suspected remains of 2 people found at scene of N.J. mansion fire
A couple in their 80s was unaccounted for, but officials did not immediately say who the remains belong to.
4th annual Hudson River SEAL Team Swim held
Members of the military, law enforcement and the public jumped into the Hudson River for a great cause on Saturday.
Bloodhound helps track down lost boys in Camden County, N.J.
Two brothers and a friend got lost while they were riding their bikes through the woods in Magnolia.
Long Island News
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Study: HOV toll on Southern State Parkway could fund drastic improvements
A 10-mile stretch is known as "Blood Alley" for treacherous turns, short ramps, sharp exits and merges.
Illegal pet alligator surrendered in Suffolk County
The owner had purchased the alligator out of state and did not have a permit to own one in New York.
"DJ Love Dinero", postal worker charged in alleged drug trafficking scheme
Investigators told CBS2 the drugs were shipped from California to the Hempstead Post Office.
Gabby Petito Foundation donates to National Domestic Violence Hotline
The money will be used to hire more advocates and cut down on wait times on the hotline.
Man arrested in girlfriend's shooting death on Long Island
The couple had been dating for two years. Their relationship was described by friends and family as "tumultuous."
Politics
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Senate passes climate, health and tax bill in major win for Democrats
The bill's passage is a significant achievement for Democrats as they look to maintain their hold on Congress in the November midterm elections.
Biden leaves White House for the first time since getting COVID-19
Ending his most recent COVID-19 isolation, President Biden has left the White House for the first time since becoming infected last month.
Biden tests negative for COVID-19 after weeklong rebound infection
But the president "will continue his strict isolation measures pending a second negative test," White House physician Dr. Kevin O'Connor said.
Parliamentarian alters drug plan in Inflation Reduction Act before Senate vote
The Senate's nonpartisan rules arbiter has dealt a blow to Democrats' plan for curbing drug prices.
NYPD commissioner calls on Albany to fix bail laws amid spike in murders
The NYPD disclosed that the hot days of summer last month saw an increase in murders and all kinds of other crimes.
Health
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CDC team investigating Rockland County polio case
The CDC team will help with outreach and vaccinations.
CDC expected to relax COVID guidelines as kids head back to school
The changes could include deemphasizing the "test to stay" strategy, in which students exposed to COVID-19 take regular tests to stay in the classroom.
Hundreds of people may have polio virus, New York Health Department says
The health department said it is still investigating the virus' origin, after finding eight of the positive wastewater samples are genetically linked.
Connecticut launches reproductive rights website and hotline
The services were launched in the wake of the Supreme Court's decision to overturn Roe v. Wade.
NYC pressing White House for more monkeypox vaccines
The president declared monkeypox a nationwide health emergency as cases increase rapidly.
Entertainment
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LL Cool J's hip-hop festival draws thousands in Queens
Organizers say partial proceeds from ticket sales will be donated to the Universal Hip-Hop Museum in the Bronx.
Elton John visits new musical "The Devil Wears Prada"
The Broadway-bound show is now playing in the Second City through Aug. 21.
Autobiographical play "The Nosebleed" running off-Broadway
"The Nosebleed" explores the main character's fractured relationship with their long-deceased father.
"DJ Love Dinero", postal worker charged in alleged drug trafficking scheme
Investigators told CBS2 the drugs were shipped from California to the Hempstead Post Office.
LL Cool J's "Rock the Bells" festival in Queens this weekend
The "Rock the Bells" festival at Forest Hills Stadium will feature some of the biggest names in hip hop.
Sports
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Jacob deGrom strikes out 12 over 5 2/3 innings, Mets top Braves
Right-hander strikes out 12 over 5 2/3 innings in 5-2 victory on Sunday. New York now leads Atlanta by 6 1/2 games.
Frankie Montas a flop in Yankees debut; Cardinals finish off sweep
The Bombers' losing streak grew to a season-high five games with a 12-9 defeat on Sunday.
Max Scherzer Ks 11, pitches Mets past Braves for DH sweep
The Mets stretched their NL East lead to 5 1/2 games.
Montgomery beats former team as Cardinals blank Yankees
Domingo Germán (1-2) took the loss, giving up the only run and four hits in five innings.
Zelarayán rallies Crew to victory over New York City FC
Eloy Room had four saves for the Crew. Sean Johnson saved three for NYCFC.
The Dig
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Circo's Pastry Shop: Baking in Bushwick the old-fashioned way since 1945
"Our store is pretty much like a dinosaur," co-owner Anthony Pierdipino told CBS2's Elle McLogan.
Zum Stammtisch: A taste of Germany in Glendale since 1972
"It's really traditional, old-school Bavarian," co-owner Werner Lehner told CBS2's Elle McLogan.
Tula House: Greenpoint's immersive plant shop is a destination for discovery
"We want the common plants, but we really love the uncommon plants," co-owner Christan Summers told CBS2's Elle McLogan.
Stanton Tailor Shop: A Lower East Side destination for the perfect fit
"It makes me feel good when the people go out and they feel confident in what they're wearing," owner Pablo Vargas told CBS2's Elle McLogan.
Myers of Keswick: A British grocery store in the West Village offering 'comforts from home'
"I always like to describe it as a little taste of England," owner Jennifer Myers-Pulidore told CBS2's Elle McLogan.
Latest Galleries
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Remembering Ivana Trump through the years
Ivana Trump passed away in her New York home at age 73.
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.
Latest Videos
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Latest Videos
Swimmer missing off the Rockaways
Crews are searching for a person whose friend says they went into the water and never came out.
First Alert weather: CBS2 11 p.m. forecast
CBS2's Vanessa Murdock is calling for temperatures in the mid-90s and "feels like" temps around triple digits for most of the Tri-State Area on Monday.
Plastic ban bag backfires at some New Jersey supermarkets
Employees say shoppers in some instances are stealing hand-held baskets instead of buying reusable bags. CBS2's Lisa Rozner reports.
NYPD investigating after more than 40 cars have tires slashed in Queens
Bayside residents fume over vandalism and the high cost of getting new tires. CBS2's Jenna DeAngelis reports.
Newark officials launch "Code Red" warning for heat on Monday
CBS2's Thalia Perez has more on what you can do to avoid heat-related problems.
