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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Suffolk County lifeguard recovering after being attacked by shark
Zachari Gallo said he was participating in a training exercise when he was bit on the chest and hand.
NYPD: Off-duty correction officer shot in leg in Queens Village
Police say at around 8 p.m. the officer saw another man pull out a gun, and aim it a crowd on Jamaica Avenue.
Fireworks show lights up the sky above the Meadowlands
There wasn't a cloud in the sky, making it the perfect night to see every sizzle and sparkle clearly.
NYPD: Search on for hit-and-run driver after cyclist killed in Bronx
Investigators say a white Jeep Grand Cherokee hit a cyclist in the intersection of Metcalf Avenue and East 172nd Street.
Experts explain how to keep dogs' stress levels down during fireworks
Kradlemypet.com says more pets go missing on July 4 than any other day of the year because of the noise.
NYS Police: 2 dead in road rage incident on I-84 in Putnam County
Troopers said two drivers were arguing with with one another on the road's right lane when a third car hit them.
Delays, cancellations plaguing Newark Airport on holiday weekend
Airlines have struggled to respond to a staffing shortage, and for many, trying to catch a flight has been rough.
Body camera footage shows fatal police shooting of Jayland Walker
Authorities said Walker was unarmed at the time of the shooting, but a shot appeared to have come from his vehicle during a pursuit, and officers said they feared he was preparing to fire.
Feds: R. Kelly remains on suicide watch "for his own safety"
Federal authorities are pushing back on R. Kelly's claims that he was placed on suicide watch as a form of punishment.
New York News
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NYPD: Off-duty correction officer shot in leg in Queens Village
Police say at around 8 p.m. the officer saw another man pull out a gun, and aim it a crowd on Jamaica Avenue.
Fireworks show lights up the sky above the Meadowlands
There wasn't a cloud in the sky, making it the perfect night to see every sizzle and sparkle clearly.
NYPD: Search on for hit-and-run driver after cyclist killed in Bronx
Investigators say a white Jeep Grand Cherokee hit a cyclist in the intersection of Metcalf Avenue and East 172nd Street.
Experts explain how to keep dogs' stress levels down during fireworks
Kradlemypet.com says more pets go missing on July 4 than any other day of the year because of the noise and the lights.
NYS Police: 2 dead in road rage incident on I-84 in Putnam County
Troopers said two drivers were arguing with with one another on the road's right lane when a third car hit them.
Connecticut News
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Fireworks-related injuries up 25% in last 15 years, report finds
A new finding shows there's been an uptick in fireworks-related injuries. Here are tips to help keep your July 4 celebrations safe.
No end in sight to July 4 weekend flight delays and cancellations
There are dozens of delayed and canceled flights reported Saturday at Newark, LaGuardia and Kennedy Airports.
Air travel issues plague July 4 weekend plans
Flight demand is returning to near pre-pandemic levels, according to the experts.
AAA: Record number of travelers expected over July 4 weekend
According to FlightAware, more than 2,300 flights into or within the U.S. were delayed by Thursday afternoon.
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.
New Jersey News
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Fireworks show lights up the sky above the Meadowlands
There wasn't a cloud in the sky, making it the perfect night to see every sizzle and sparkle clearly.
Experts explain how to keep dogs' stress levels down during fireworks
Kradlemypet.com says more pets go missing on July 4 than any other day of the year because of the noise and the lights.
Delays, cancellations plaguing Newark Airport on holiday weekend
Airlines have struggled to respond to a staffing shortage, and for many, trying to catch a flight has been rough.
Crews battle 4-alarm fire at Palisades Park warehouse
A resident told CBS2 that the warehouse had not been used for at least a year.
Fireworks-related injuries up 25% in last 15 years, report finds
A new finding shows there's been an uptick in fireworks-related injuries. Here are tips to help keep your July 4 celebrations safe.
Long Island News
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Lifeguard recovering after being attacked by a shark in Suffolk County
Zachari Gallo said he was participating in a training exercise in the water when he was bit on the chest and hand.
Delays, cancellations plaguing Newark Airport on holiday weekend
Airlines have struggled to respond to a staffing shortage, and for many, trying to catch a flight has been rough.
Nassau County steps up shark patrols for July 4th weekend
The Marine Bureau, helicopters and other resources will be on the lookout for sharks.
Exasperated residents want Huntington to crack down on leaf blower noise
"In the early morning, you don't have to start your engines before 7 o'clock," said Cathy Anner.
Lawsuit filed by parents of Gabby Petito will move forward
A Florida judge denied a motion to dismiss the case Thursday.
Politics
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Gov. Hochul signs law banning guns in many public places
Times Square is declared one of the "sensitive places" in New York state's new gun safety law.
Gov. Hochul signs new gun laws passed by N.Y. legislature
The governor says the new law that will severely limit the places New Yorkers can carry weapons.
N.J. gov. signs bills protecting reproductive health rights
One bill provides confidential care to out-of-state residents coming to the state.
Gov. Phil Murphy approves largest budget in N.J. history
Murphy says this budget makes New Jersey more affordable.
Ketanji Brown Jackson officially becomes first Black woman on Supreme Court
"On behalf of all of the members of the court, I am pleased to welcome Justice Jackson to the court and to our common calling," Chief Justice John Roberts said.
Health
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Thousands of monkeypox vaccine doses coming to New York City
The city's health department says it is working with federal partners to get extra doses in the coming weeks.
Sandra Lindsay, nurse who received first COVID vaccine in U.S., to be awarded Presidential Medal of Freedom
The medal is the nation's highest civilian honor.
Monkeypox patient: "I've had COVID. This was way worse."
The man says doctors are ordering him to isolate until his lesions are gone, which can take as long as four weeks.
Jacobi Medical Center working on initiatives to combat gun violence
Since the spring of 2020, Jacobi has seen an increase of 181 percent when it comes to gunshot victims.
Some NYC mobile COVID test units will now offer Paxlovid
The program have the capacity to perform 6,000 tests and dispense 600 treatments a day.
Entertainment
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Feds: R. Kelly remains on suicide watch "for his own safety"
Federal authorities are pushing back on R. Kelly's claims that he was placed on suicide watch as a form of punishment.
Man found at Taylor Swift properties faces stalking charges
Swift, 32, has had prior issues with alleged stalkers.
R. Kelly suing Brooklyn jail for putting him on suicide watch
Kelly claims officials at the Metropolitan Detention Center knew he was not suicidal after his sentencing.
Rapper Dupré Kelly joins Newark City Council
Kelly is the first platinum-selling hip-hop artist in the United States to be elected to office.
Broadway's mask mandate comes to an end, for now
Masks will no longer be required at most Broadway shows.
Sports
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Aaron Long's goal in 53rd minute stands, Red Bulls top KC
Eastern Conference leaders won 1-0 on Sunday despite playing the final 20 minutes a man down.
Castellanos scores twice, but Atlanta rallies late to tie NYCFC
Dom Dwyer netted the equalizer in the 86th minute as the teams settled for a 2-2 draw on Sunday.
Guardians silence vaunted Yankees' bats, avoid sweep
Triston McKenzie shut down New York's big-bashing lineup over seven superb innings in Cleveland's 2-0 win Sunday.
Eduardo Escobar goes deep again, Mets take down Rangers
Carlos Carrasco rebounded from a pair of poor starts and the Amazins' cruised to a 4-1 win on Sunday.
Calhoun 2 HRs, Pérez wins 7th straight as Rangers beat Mets
New York lost for the fourth time in five games and its lead in the NL East was shaved to 2 1/2 games over Atlanta.
The Dig
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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.
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.
Latest Galleries
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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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Latest Videos
Off-duty correction officer wounded in shootout with suspect in Queens
CBS2's Dana Tyler has more on the officer's condition.
First Alert weather: CBS2 11 p.m. forecast
CBS2's Vanessa Murdock has what you need to know about an expected beautiful Fourth of July.
Fireworks light up sky over Meadowlands, as preparations continue for Macy's show in NYC
CBS2's Lisa Rozner has more on the sights and sounds in East Rutherford.
Lifeguard attacked by shark in Suffolk County speaks exclusively to CBS2
Zachari Gallo, who shared pictures of his injuries, said he he fought the shark after being bitten on the chest and hand. CBS2's Thalia Perez reports.
Experts offer tips to reduce stress levels for pets during fireworks shows
As people prepare to watch fireworks on the Fourth of July, veterinarians say pet owners need to be prepared, too. CBS2's Lisa Rozner spoke with a doctor on what you can do now.
