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.
New York lost its 12th consecutive game, falling 5-3 to the Twins on Tuesday night.
Giancarlo Stanton hit a solo homer in the second and added a two-run double as the New York Yankees extended their winning streak to four straight with a 4-0 win over the Boston Red Sox on Tuesday night.
Sheridan Gorman, an 18-year-old Loyola freshman, was shot and killed in Chicago last month and an undocumented immigrant from Venezuela is under arrest.
A 2009 New York City law requiring most roll-down security gates to be at least 70% transparent is set to take effect this summer.
The horse captured on incredible body-cam footage last week of an NYPD mounted officer chasing down a suspected purse snatcher was rescued from slaughter off a racetrack.
A 2009 New York City law requiring most roll-down security gates to be at least 70% transparent is set to take effect this summer.
The horse captured on incredible body-cam footage last week of an NYPD mounted officer chasing down a suspected purse snatcher was rescued from slaughter off a racetrack.
An NYPD narcotics canine named Mulk is back on the job after a near-death experience during a drug busts in the Bronx and Manhattan.
A crackdown on gang violence in Nassau County is delivering results with nearly three dozen arrests in the last week, police said.
The NYPD has seized two of the vehicles it says were involved in a chaotic and fiery car meetup over the weekend in Queens.
Colder weather returns to the New York City area this week with sub-freezing temperatures in the suburbs.
New York City's balmy weather proved to be record-breaking for the date of April 15.
Parts of the New York area could see record high temperatures during a summerlike stretch of weather this week.
A major warmup, featuring summer-like temperatures in the 80s, will take over the Eastern Seaboard beginning Monday.
New York City and the Tri-State Area are finally turning the corner to warmer weather this week.
The horse captured on incredible body-cam footage last week of an NYPD mounted officer chasing down a suspected purse snatcher was rescued from slaughter off a racetrack.
The pop-up JBJ Soul Kitchen at the Ocean County Library in Toms River, N.J. will shut down at the end of the month.
A large four-alarm fire ripped through multiple homes in Ridgefield Park, New Jersey, early Tuesday morning.
Federal law entitles students with disabilities to special education services until they turn 21. What happens next is what many caregivers call "the transition cliff."
Much of New York, New Jersey and Connecticut are under a freeze warning Monday night, and that means crops and plants are in danger of dying.
A crackdown on gang violence in Nassau County is delivering results with nearly three dozen arrests in the last week, police said.
Rex Heuermann admitted in court earlier this month that he strangled all his victims to death, but his ex-wife Asa Ellerup heard his confession prior to his plea.
Decades after their theft, rare books worth millions were recovered in New York City after being stolen from venture capitalist John Hay Whitney's Long Island home.
John Gotti's grandson Carmine Agnello is headed to prison in connection with a COVID fraud scheme in New York.
A young Long Island man who overcame autism to graduate high school as valedictorian is now poised to graduate from Hofstra with top honors.
There are some out there who believe Mayor Mamdani may have been the catalyst for the Mets' current 11-game losing streak.
Menin's relationship with Mayor Zohran Mamdani is still a work in progress, but the two agree on Gov. Kathy Hochul's proposed pied-à-terre tax.
Former President Barack Obama met privately with New York Mayor Zohran Mamdani before joining together to read to preschoolers at a child care center in the Bronx.
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
President Trump spoke with CBS News Friday in a new telephone interview.
The 16th Annual Lustgarten Foundation New York City Walk for Pancreatic Cancer Research was held Sunday in Battery Park City.
Advocates fear New York state could be taking a step back when it comes to biomarker testing access for those with Medicaid.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
The upcoming fashion exhibit at the Metropolitan Museum of Art includes 25 mannequins based on real bodies.
A previously unreleased song is one of many ways Prince is being honored a decade after his death.
Singer-songwriter Gavin DeGraw turned to social media for help reconnecting with a New York City bartender after a memorable performance this week.
New York City Mayor Zohran Mamdani and his wife Rama Duwaji will not attend this year's Met Gala, sources said.
The Rock And Roll Hall of Fame unveiled its list of inductees for 2026, and it includes the Wu-Tang Clan, the legendary, local hip-hop collective.
New York lost its 12th consecutive game, falling 5-3 to the Twins on Tuesday night.
Giancarlo Stanton hit a solo homer in the second and added a two-run double as the New York Yankees extended their winning streak to four straight with a 4-0 win over the Boston Red Sox on Tuesday night.
There are some out there who believe Mayor Mamdani may have been the catalyst for the Mets' current 11-game losing streak.
Cam Schlittler, a native of Walpole, said he and his family have received threats from Red Sox fans ahead of his Fenway Park debut Thursday.
CJ McCollum scored 32 points and the Hawks rallied to stun the Knicks 107-106 on Monday night, tying their first-round playoff series at one game apiece.
A 2009 New York City law requiring most roll-down security gates to be at least 70% transparent is set to take effect this summer.
Recurring elevator problems are back and worse than ever at one New York City high-rise, according to tenants.
Students at M.S. 407 transform a barren space into a habitat for bees and butterflies, part of a broader city push to expand pollinator-friendly green spaces.
Brooklyn officials announced a first-of-its-kind initiative to build sensory rooms in every District 75 elementary school.
New York City Mayor Zohran Mamdani's administration unveiled a dramatic traffic redesign at Brooklyn's Grand Army Plaza.
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.
A bear was spotted lounging in a tree in Albany.
Wednesday is Earth Day, when the world focuses on ways to protect our planet and conserve resources. In the travel industry, some hotels and destinations are shifting to sustainability. Wendy Gillette reports.
New York City kicked off its first-ever Urban Forest Plan on Tuesday.
At least two people were killed and 11 others were injured in the blaze in the Belmont section on Tuesday afternoon.
Harvey Weinstein was back in a Manhattan courtroom Tuesday to face a rape charge for a third time. CBS News New York's Alice Gainer was there for opening statements.
