NY Madoff Investor Gets New Shot At Ex's Cash
A New York appeals court has revived a lawyer's bid to take back millions of dollars he paid in a divorce settlement before losing money he'd invested with convicted fraudster Bernard Madoff.
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A New York appeals court has revived a lawyer's bid to take back millions of dollars he paid in a divorce settlement before losing money he'd invested with convicted fraudster Bernard Madoff.
U.S. District Judge Laura Taylor Swain rejected the arguments by lawyers for 62-year-old Annette Bongiorno that her husband should be allowed to post money from his bank accounts to support a bail package.
Federal Judge Laura Taylor Swain noted that Annette Bongiorno concedes she has $2.4 million. Prosecutors say Madoff's 62-year-old longtime secretary likely has stashed away millions more.
Attorney Ira Sorkin says Madoff had decided not to attend the funeral for Mark Madoff out of consideration for his daughter-in-law's and grandchildrens' privacy.
Investigators said 46-year-old Mark Madoff's father-in-law found him with a dog leash around his neck hanging from a pipe early Saturday morning inside his Soho loft.
Federal authorities said prominent Massachusetts businessman and philanthropist Carl Shapiro has agreed to forfeit the funds that will be distributed to investors who lost money in jailed financier Bernard Madoff's fraud.
The lawsuit was filed in the U.S. Bankruptcy Court for the Southern District of New York.
Picard said his firm is seeking about $69 million in funds deposited by the company's customers and stolen in the 72-year-old's vast Ponzi scheme.
The lawsuit alleges 23 counts of financial fraud and misconduct. It seeks to recover at least $2 billion to be distributed to Madoff victims.
Bongiorno and another former Madoff aide were arrested last week on conspiracy, securities fraud and other charges arising from the multibillion-dollar Ponzi scheme. They could each face decades in prison if convicted.
A half dozen employees have been charged since FBI agents showed up at Madoff's penthouse apartment in Manhattan on Dec. 11, 2008.
Two longtime back office employees of Bernard Madoff were arrested Thursday on charges that they helped the disgraced financier dupe investors for decades by making fictitious investments.
Prosecutors said he convinced investors that the ATMs would be put in convenience stores, gas stations, malls and hotels nationwide.
The U.S. Marshals Service will be selling the disgraced financier's personal items on Nov. 13 at the Sheraton Hotel in Manhattan.
Federal officials had seized the home, along with Madoff's other properties and assets in New York and elsewhere. Proceeds from the sales of those assets are expected to benefit the victims of Madoff's financial scheme.
In his most expansive comments on the subject, the Mets owner talks about being ripped off by Ponzi schemer Bernard Madoff.
A Florida man known for his sports-related philanthropy pleaded guilty Wednesday to running a multistate Ponzi scheme that prosecutors say left investors with up to $100 million in losses.
Financial adviser Kenneth Starr pleaded guilty in a $59 million Ponzi scheme Friday admitting that he stole clients' money to enrich himself.
American Express is accusing a jailed financial adviser to the stars of failing to pay $350,000 on his Platinum and Gold cards.
A Florida man accused of running a $880 million Ponzi scheme that authorities say paid for lavish spending sprees and sports philanthropy may have reached a deal with federal prosecutors.
Lawyers for three alleged cohorts of disgraced financier Bernard Madoff say the case is mired in a mountain of potential evidence.
Federal prosecutors in New York are seeking over $5 million in assets belonging to a former office supervisor for jailed financier Bernard Madoff.
An East Harlem community came together on Christmas Eve to remember a woman killed early Tuesday morning in a chain-reaction garbage truck crash involving fallen scaffolding.
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
It's practically the plot to "Home Alone." A quick-thinking 12-year-old boy in Medford stopped a burglar who broke into his home, police said.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
NORAD, the North American Aerospace Defense Command, tracks Santa's Christmas Eve flight around the world each year. Follow a live map of the tracker here.
An East Harlem community came together on Christmas Eve to remember a woman killed early Tuesday morning in a chain-reaction garbage truck crash involving fallen scaffolding.
It's practically the plot to "Home Alone." A quick-thinking 12-year-old boy in Medford stopped a burglar who broke into his home, police said.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
A federal judge has given a green light to New York's so-called Green Light Law, rejecting the Trump administration's bid to stop the state from giving people driver's licenses without having them prove they're in the country legally.
Christmas Eve Mass is being held throughout the day at St. Patrick's Cathedral Wednesday.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
It's a First Alert Weather Day as a mixture of snow and rain move through the Tri-State Area Tuesday morning.
We have issued a First Alert Weather Day Tuesday as travel could be impacted due to slick roads, especially north and west of the city.
Snow and rain will return to the New York City area before Christmas. Parts of the Tri-State Area have winter weather advisories.
Today is a First Alert Weather Day as heavy rain and 50-60 mph wind gusts cause coastal flooding, downed trees and power outages.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
Leaders in Paterson, N.J., are pushing back against Director of National Intelligence Tulsi Gabbard's remarks suggesting the city is working to impose Islamic law.
Saint Cecilia Roman Catholic Church in South Brunswick, New Jersey, was ransacked in a desperate act for quick cash, police say.
It's a First Alert Weather Day as a mixture of snow and rain move through the Tri-State Area Tuesday morning.
Totowa Police Chief Carmen Veneziano appeared in a Massachusetts court and denied allegations he assaulted his girlfriend at a hotel.
It's practically the plot to "Home Alone." A quick-thinking 12-year-old boy in Medford stopped a burglar who broke into his home, police said.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
CBS News New York went inside ICE operations on Long Island for a rare view of how, where and why arrests are made.
It's a First Alert Weather Day as a mixture of snow and rain move through the Tri-State Area Tuesday morning.
We have issued a First Alert Weather Day Tuesday as travel could be impacted due to slick roads, especially north and west of the city.
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
A federal judge has given a green light to New York's so-called Green Light Law, rejecting the Trump administration's bid to stop the state from giving people driver's licenses without having them prove they're in the country legally.
Leaders in Paterson, N.J., are pushing back against Director of National Intelligence Tulsi Gabbard's remarks suggesting the city is working to impose Islamic law.
Mayor-elect Zohran Mamdani named Lillian Bonsignore as the next FDNY commissioner at a Tuesday afternoon news conference.
George Conway, a conservative lawyer turned vocal critic of President Trump, has filed paperwork for a bid to represent New York City in the House.
A spike in measles cases in Rockland County has New York health officials urging families to get vaccinated.
Researchers on Long Island say they've found physical evidence of PTSD in World Trade Center first responders.
In New York, cases of flu, RSV and COVID have spiked since Thanksgiving.
There are at least 500 sudden and unexpected deaths in the city each year, and in roughly a fifth of those cases, a genetic cause can be detected.
UnitedHealthcare and NewYork-Presbyterian have roughly two weeks to reach an agreement or thousands of Medicare Advantage members could be forced to find care elsewhere.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.
A judge Friday voided the conviction of one of the two men found guilty of the 2002 killing of Run-D.M.C. star Jam Master Jay.
The special features interviews with Kathy Bates, Annette Bening, Albert Brooks, Michael Douglas, Kiefer Sutherland, Jerry O'Connell and Mandy Patinkin.
Jake and Romy Reiner released a statement on Wednesday, remembering their parents, Rob Reiner and Michele Singer Reiner, as their best friends.
Adam Pelech scored the tiebreaking goal late in the third period, and the New York Islanders beat the New Jersey Devils 2-1 on Tuesday night.
Taylor Raddysh and Alexis Lafreniere scored 68 seconds apart in a five-goal third period for the New York Rangers in a 7-3 win over the Washington Capitals on Tuesday.
Anthony Edwards scored 38 points to help the Minnesota Timberwolves beat former teammate Karl-Anthony Towns for the first time and hold off the New York Knicks 115-104.
Michael Porter Jr. scored 28 points, as the Brooklyn Nets beat the Philadelphia 76ers 114-106.
The Mets jettisoned another core player Monday, trading second baseman Jeff McNeil to the Athletics for minor league right-hander Yordan Rodriguez.
NYC says center-running bus lanes will speed up commutes and improve safety on one of Brooklyn's busiest corridors, but critics aren't so sure.
Nine Brooklyn Football Club partner bars are collecting shelf-stable food and winter coats to benefit 10 local schools.
The Davis Center in Harlem is now open for its first winter season after technical delays.
After losing his mother to a stroke in 2022, a Brownsville native is turning personal grief into a grassroots foundation, offering counseling and mentorship to children and young adults.
A Brooklyn startup and a national nonprofit are teaming up to turn everyday mail lockers into easy donation hubs, delivering thousands of toys to hospital rooms this holiday season.
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 Craig Allen is tracking the storm, which is expected to move into the area during the early evening on Friday.
The boy said he heard noises downstairs and then jumped out a window and called police, who later arrested a 53-year-old man. CBS News New York's Carolyn Gusoff has the story from Medford.
CBS News New York's Dave Carlin takes the pulse of hopeful New Yorkers as they rush to get their tickets before Wednesday night's drawing.
Meanwhile, Democrats in Congress say they're planning legal action if the remaining files aren't released in the coming days. CBS News New York's Erica Brown reports.
The 75-year-old was out collecting bottles on Tuesday morning when tragedy struck, police said. CBS News New York's Lisa Rozner reports.
