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.
A group of New Yorkers are demanding change to end human trafficking and prostitution along Roosevelt Avenue in Queens.
Stormy weather will return to the New York City area on Monday, bringing the threat of heavy rain and storms that may lead to flash flooding.
Several people were killed in a shooting Saturday afternoon at an In-N-Out restaurant in Twin Falls, Idaho, local authorities said.
Javier Sanoja and Griffin Conine homered to power the Marlins to a 6-2 victory over the Mets on Saturday.
Under the new initiative, restaurants will no longer automatically provide plastic utensils, napkins or condiments in takeout orders.
A group of New Yorkers are demanding change to end human trafficking and prostitution along Roosevelt Avenue in Queens.
Stormy weather will return to the New York City area on Monday, bringing the threat of heavy rain and storms that may lead to flash flooding.
Disgraced former Congressman George Santos has agreed to pay $35,000 to settle a federal investigation into his suspicious trades on the prediction marketplace Kalshi.
New York City's Summer Streets celebration returned to Manhattan on Saturday for the 2026 season.
For some Long Island families, the cost of supplies, clothes and other back-to-school essentials is becoming a growing challenge.
Stormy weather will return to the New York City area on Monday, bringing the threat of heavy rain and storms that may lead to flash flooding.
There's been a report of a bigfoot sighting near the Pachaug State Forest in Connecticut.
Heavy rain is complicating efforts to recover a teenage boy from the West River in New Haven. Strong currents and an increased flow have made the job even more difficult.
It's another rainy day in the Tri-State Area with a flood watch for parts of New York and Connecticut.
There was a tornado warning in Sussex and Warren Counties in New Jersey as more severe weather passed through our area.
Stormy weather will return to the New York City area on Monday, bringing the threat of heavy rain and storms that may lead to flash flooding.
Under the new initiative, restaurants will no longer automatically provide plastic utensils, napkins or condiments in takeout orders.
The body of a missing girl was found in the Passaic River in New Jersey after a two-day search, officials said.
A New Jersey police department is getting creative when it comes to cracking down on distracted drivers.
Three children were swept into the Passaic River Wednesday night. A little boy was later found dead, and a young girl is still missing.
John Elliott reports from Glen Cove, Long Island, for Swim Across America Open Water Swim.
Some homeowners on Long Island say teenage pranks have escalated into vandalism. A game of ding-dong ditch is keeping residents up at night and, in at least one case, has done damage. CBS News New York's Carolyn Gusoff reports.
For some Long Island families, the cost of supplies, clothes and other back-to-school essentials is becoming a growing challenge.
Doctors in Suffolk County have reported three cases of a rare tick-borne disease known as rabbit fever so far this summer. A 9-year-old boy shared his experiences with the illness.
For some Long Island families, the cost of supplies, clothes and other back-to-school essentials is becoming a growing challenge. CBS News New York's John Dias reports.
A Brooklyn grandmother went to the dentist hoping to fix her smile. Instead, her daughter says she lost her teeth, her health, and her independence.
President Trump said Todd Blanche will remain acting attorney general as a holdup on his nomination continues.
Republican New York gubernatorial candidate Bruce Blakeman is deploying a campaign strategy that echoes the national GOP playbook — attack Mayor Zohran Mamdani.
Dr. Anthony Fauci appeared before the Senate to testify on the origins of the COVID-19 pandemic but invoked his Fifth Amendment rights in answering all questions.
Letters have been sent to thousands of New York City homeowners, stating they may have to pay the new controversial pied-à-terre tax. But some residents say they shouldn't be on that list.
The source of exposure for the Legionnaires cluster on Manhattan's Upper East Side has been eliminated, according to the New York City Health Department.
A seventh person has died from Legionnaires' disease in connection with the Upper East Side cluster, New York City's health commissioner said Thursday.
Thirty-four cooling towers at 33 buildings on the Upper East Side tested positive for live Legionella bacteria, the New York City Health Department announced Tuesday.
An attorney representing an Upper East Side woman whose husband just died from Legionnaires' disease is planning to take legal action.
Studies show older adults are among the safest drivers on the road, but crashes involving seniors are on the rise.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
A new Broadway show based on Prince's movie and album "Purple Rain" will take the stage at Broadway's Majestic Theatre in March.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Madonna, Justin Bieber, BTS and Shakira each brought a bit of one of their hits to the World Cup's first halftime show in a whirlwind performance Sunday that also squeezed in Burna Boy, Ted Lasso and many Muppets.
Javier Sanoja and Griffin Conine homered to power the Marlins to a 6-2 victory over the Mets on Saturday.
Kyle Stowers homered for the second straight night Friday, powering the Marlins to a 5-2 win over the Mets.
Toronto FC earned a 1-1 draw with New York City FC at Yankee Stadium on Friday night, but saw its winless streak reach 11 matches.
Will Warren pitched four-hit ball into the seventh inning, Amed Rosario and rookie Spencer Jones each homered and the New York Yankees beat the Chicago Cubs 2-0.
Luis Robert Jr. had a two-run single to cap an eighth-inning rally in the Mets' 4-2 victory over the Marlins on Thursday night.
Parents in Harlem say their children's walk to summer camp is littered with trash, illegal dumping and a growing encampment.
A specialized program from God's Love We Deliver is serving nearly 400 veterans with medically tailored meals, while helping combat isolation and ease the challenges of life after military service.
The Newtown Creek Alliance community science project gives students hands-on experience monitoring the health of one of the most polluted waterways in the U.S.
The FIFA World Cup is delivering a business boost for many bars and restaurants across New York City, but not every industry is seeing the same payoff.
Two Upper West Side children went on a mission to visit 40 playgrounds in one day, hoping to set a record.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
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.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
CBS News New York's John Elliott has your First Alert Forecast for August 1 at 6 p.m.
Saturday was the first day of Jets camp with fans. CBS News New York's Steve Overmyer reports.
K-pop boy band BTS will play MetLife Stadium on Saturday night for the first of two concerts in New Jersey.
New York City Mayor Zohran Mamdani has extended the deadline for the pied-à-terre tax exemption application.
Community leaders came together in Queens on Saturday to demand action that would put a stop to human trafficking and prostitution in the area.
