George Santos under scrutiny over former employer's Ponzi scheme
Federal regulators are asking about the congressman's involvement with a company accused of running a multi-million dollar Ponzi scheme.
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Federal regulators are asking about the congressman's involvement with a company accused of running a multi-million dollar Ponzi scheme.
Thirty-one thousand people lost money in Madoff's financial fraud, one of the biggest in history.
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.
Madoff's lawyers want him freed under a program that permits the release of some inmates who have less than 18 months to live.
He was sentenced to 150 years in prison for using his investment firm to cheat clients out of billions of dollars.
As two Long Island financial advisers head to prison, victims who were swindled in a Ponzi scheme are getting some payback.
The Department of Justice confirmed Madoff filed paperwork asking the president, who has final say on clemency, to commute his term.
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.
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.
Prosecutors say Carton misappropriated at least $5.6 million and used it to pay off gambling debts and personal expenses.
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.
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."
Victims of the Bernard Madoff Ponzi scheme will split a repayment of about $342 million in January under a plan by a court trustee.
A judge sentenced the last defendant in the Bernard Madoff Ponzi scheme case on Wednesday to six months in prison.
A judge spared Paul Konigsberg prison time and agreed not to require post-sentence supervision.
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.
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.
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.
Federal regulators have filed civil fraud charges against former NFL cornerback Will Allen and his business partner.
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.
A former president of a suburban youth soccer cub has pleaded guilty to running a $5 million Ponzi scheme.
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.
Daniel Bonventre, 67, was sentenced Monday in federal court in New York for his part in the company's yearslong multibillion-dollar fraud.
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.
Eric Aronson told a federal judge in Central Islip Friday he knew what he was doing was wrong.
The Trump Organization said its $47.45 monthly service will includes unlimited calls, text and data. It's also rolling out a $499 mobile phone.
New York flags are flying at half mast today in honor of Minnesota Rep. Melissa Hortman and her husband, who were killed in a politically motivated shooting.
The cool, rainy weather sticks around today across NYC, but highs are expected to hit the 90s later in the week.
Israel says Iran is targeting civilians, killing 8 people, as the Israeli military hammers Iranian launch sites and says it controls Tehran's skies.
A vigil was held in Jersey City on Sunday for a 6-year-old boy who was struck and killed by a UPS truck Friday afternoon.
New York flags are flying at half mast today in honor of Minnesota Rep. Melissa Hortman and her husband, who were killed in a politically motivated shooting.
The cool, rainy weather sticks around today across NYC, but highs are expected to hit the 90s later in the week.
A three-car accident involving police in Brooklyn early Sunday morning sent four people to the hospital, including two officers who are in critical condition.
Two of the four men who escaped Newark's Delaney Hall immigration detention center last week remain missing, the FBI says.
A 4-year-old girl died Saturday after she was struck by a suspected drunk driver in Spring Valley, Rockland County.
The cool, rainy weather sticks around today across NYC, but highs are expected to hit the 90s later in the week.
Father's Day is looking mostly cloudy for dads across the Tri-State Area.
Prosecutors dismissed a felony charge against a man accused of conspiring in the murder of Jennifer Dulos, the Connecticut mother of five who vanished six years ago.
Another air quality alert has been issued for the Tri-State Area, this time for central and southern New Jersey.
An air quality alert is in effect Thursday for NYC, Long Island, and part of New Jersey due to smoke from the Canadian wildfires.
The cool, rainy weather sticks around today across NYC, but highs are expected to hit the 90s later in the week.
A vigil was held in Jersey City on Sunday for a 6-year-old boy who was struck and killed by a UPS truck Friday afternoon.
Two of the four men who escaped Newark's Delaney Hall immigration detention center last week remain missing, the FBI says.
Jack Ciattarelli, the Republican nominee in the 2025 New Jersey governor's race, says he's ready to take on Democratic nominee Rep. Mikie Sherrill.
The FIFA Club World Cup is being played in the U.S. this year, with a handful of games, including the championship, at MetLife Stadium in New Jersey.
Father's Day is looking mostly cloudy for dads across the Tri-State Area.
A cat who disappeared nearly a decade ago in Queens has been reunited with his owners.
"No Kings" protests against the Trump administration are taking place in and around NYC on Saturday.
The Nassau County DA's office is looking to identify potential victims who may have been secretly recorded inside a Long Island sleep center's bathrooms.
Video allegedly shows ICE agents taking a Hispanic U.S. citizen into custody in Nassau County.
The man authorities believe shot two Minnesota lawmakers and their spouses in politically motivated shootings early Saturday morning is now in custody.
Jack Ciattarelli, the Republican nominee in the 2025 New Jersey governor's race, says he's ready to take on Democratic nominee Rep. Mikie Sherrill.
The Israelis had the opportunity to assassinate Supreme Leader Ayatollah Ali Khamenei and President Trump conveyed to Prime Minister Benjamin Netanyahu that it wasn't a good idea, one U.S. official told CBS News.
Residents of Sibley County are encouraged to lock their doors and secure their vehicles, adding that law enforcement will be going to area residences to ask to search properties.
For the second straight day, law enforcement officials are searching for 57-year-old Vance Luther Boelter in the shootings of two Minnesota lawmakers and their spouses.
Terminally ill New Yorkers would have the legal ability to end their own lives with pharmaceutical drugs under a bill that's been approved by the New York state Legislature.
Passing nurses Sabrina Castle and Gianna Formisano saved the life of Merryl Hoffman when she experienced a sudden cardiac arrest.
A measles case has been confirmed in Putnam County, N.Y., and health officials have a warning for some who visited Arturo's Tavern in Mahopac.
The CDC dropped a broad recommendation for all children to get vaccinated against COVID-19.
Some fish caught in New York lakes and rivers may be unsafe to eat due to elevated levels of chemicals known as PFAS, state health officials announced Thursday.
Kanye West showed up at the trial of Sean "Diddy" Combs on Friday in New York City.
An ex-girlfriend of Sean "Diddy" Combs testified Thursday for the sixth day in his sex trafficking and racketeering conspiracy trial.
Harvey Weinstein's retrial in New York took another dramatic turn when the judge declared a mistrial on the last undecided charge.
Harvey Weinstein's retrial in New York isn't over yet. Jurors are resuming deliberations after reaching only a partial verdict.
Weinstein was convicted of one of two counts of criminal sexual assault. The jury told the judge they hadn't reached a verdict on the third degree rape charge.
J.J. Spaun took advantage of a lengthy rain delay to recover and win the U.S. Open.
The Mets were dealt their most lopsided loss this season and were swept in a series for the first time since last Aug. 9-11 at Seattle.
The Boston Red Sox beat the New York Yankees 2-0 on Sunday for a three-game sweep that extended their winning streak to five.
The FIFA Club World Cup is being played in the U.S. this year, with a handful of games, including the championship, at MetLife Stadium in New Jersey.
Guilherme Biro and Brandon Vázquez each scored a goal to help Austin FC beat the New York Red Bulls 2-1.
A Bronx high school student is pushing to pass a bill that would require closed captions in movie theaters across the state.
As the manager of Dollar Universe LLC, Luis Almonte said the mystery is part of the fun for many shoppers.
At a historic Jewish community center, Jewish and Asian neighbors are building bridges through shared programming and a new tradition: A street festival called "Shalom Dragon."
A Brooklyn eatery has joined a borough-wide food tour spotlighting Black-owned businesses.
The proposal includes 7,700 housing units and infrastructure upgrades.
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.
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.
Tens of thousands of people flooded Manhattan streets on June 2, 2024 for the 60th annual Israel Day on Fifth Parade.
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.
Iran and Israel traded missile attacks overnight, as talks with the U.S. on Iran's nuclear program were called off.
The president is directing federal immigration officials to prioritize deportations from Democratic run cities, including New York. CBS News New York's Elijah Westbrook reports.
The largest manhunt in Minnesota state history is now over, as police say the man accused of shooting two Democratic lawmakers and their spouses has been captured. CBS News New York's Christina Fan has the latest.
CBS News New York's Tony Sadiku has the latest weather forecast.
CBS News New York's Craig Allen has your First Alert Forecast for June 15 at 11 p.m.
