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.
Thirty-one people who were hospitalized with Legionnaires' disease on the Upper East Side have been discharged, New York City health officials said Saturday.
The surging Red Sox extended their winning streak to eight games with a 4-0 victory over the Mets on Saturday.
Trent Grisham's two-run homer in of the eighth inning gave the Yankees another comeback victory over the Nationals' bullpen, 4-2 on Saturday.
A grandmother and her 8-year-old granddaughter were killed in a house fire in Orange, New Jersey, on Saturday morning.
FIFA is selling the grass that will be used for the July 19 final at MetLife Stadium in New Jersey at $450 per piece.
Thirty-one people who were hospitalized with Legionnaires' disease on the Upper East Side have been discharged, New York City health officials said Saturday.
Manhattanhenge, a phenomenon when the sunset aligns with the Manhattan street grid, is happening Saturday and Sunday night.
Two men and a woman were shot at a basketball court late Friday night in Harlem, according to New York City police.
Jay-Z and some very special guests took over Yankee Stadium on Friday night, performing to a sold-out crowd.
Two Upper West Side children went on a mission to visit 40 playgrounds in one day, hoping to set a record.
Some storms returned to the New York City and New Jersey area on Friday.
Thursday's flood warnings have been canceled for New York City and New Jersey, but storms are expected to return Friday.
Severe thunderstorms swept through New York and New Jersey on Saturday night, causing damage amid Fourth of July festivities.
The brutal heat wave caused power problems across New York City on Friday.
New York City Thursday tied the record high temperature of 100 degrees set on this date in 1966.
A grandmother and her 8-year-old granddaughter were killed in a house fire in Orange, New Jersey, on Saturday morning.
FIFA is selling the grass that will be used for the July 19 final at MetLife Stadium in New Jersey at $450 per piece.
Three New Jersey beaches were shut down after state environmental officials discovered high levels of fecal bacteria in the water.
Nadine Menendez is starting her 54-month sentence for her role in a federal bribery scheme with her husband.
Some storms returned to the New York City and New Jersey area on Friday.
Some storms returned to the New York City and New Jersey area on Friday.
The Smithtown Library on Long Island opened all of its doors Thursday, nearly two years after a wave of water flowed through the building during catastrophic flooding. CBS News New York's Jennifer McLogan reports.
Some people who watched the FourLeaf Air Show at Jones Beach over the weekend are claiming the colorful smoke from the performing planes damaged their boats.
Thursday's flood warnings have been canceled for New York City and New Jersey, but storms are expected to return Friday.
Three arrests have been made in a large-scale mail-theft scheme that struck over and over again right outside of Long Island post offices.
The subpoenas were issued after the New York Times reported on alleged security concerns with the new Qatari-gifted Air Force One.
A landmark housing bill automatically became law overnight after President Trump declined to sign it.
Graham Platner had until 5 p.m. on Monday to formally suspend his campaign or he would remain on the ballot in November.
Nadine Menendez is starting her 54-month sentence for her role in a federal bribery scheme with her husband.
President Trump said Friday he won't sign the law, but a U.S. official said he isn't expected to veto it either.
Thirty-one people who were hospitalized with Legionnaires' disease on the Upper East Side have been discharged, New York City health officials said Saturday.
Healthcare leaders in New York are warning of a potential caregiver crisis if TPS is permanently revoked from immigrant healthcare workers.
New York state health officials said Friday there are now approximately 470 cases statewide of the intestinal disease cyclosporiasis since May 1.
New York City's Health Department says it identified 31 buildings where Legionella bacteria has been detected on the Upper East Side.
New York City has tested about 150 cooling towers for Legionella bacteria and detected it in at least one on Manhattan's Upper East side.
Jay-Z and some very special guests took over Yankee Stadium on Friday night, performing to a sold-out crowd.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
Taylor Swift and Travis Kelce were married in a place that generates plenty of garbage, and one man figured out there is a market for it if you package it just right.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
"Dolly: A True Original Musical" will take viewers on a journey of the singer's life at the St. James Theatre on West 44th Street.
The surging Red Sox extended their winning streak to eight games with a 4-0 victory over the Mets on Saturday.
Trent Grisham's two-run homer in of the eighth inning gave the Yankees another comeback victory over the Nationals' bullpen, 4-2 on Saturday.
FIFA is selling the grass that will be used for the July 19 final at MetLife Stadium in New Jersey at $450 per piece.
Jazz Chisholm Jr. hit a two-run homer in the ninth inning to lift the Yankees over the Nationals 5-3 on Friday night.
Sonny Gray shook off travel woes that led to the Red Sox making a late arrival to New York, pitching six strong innings as Boston beat the Mets 6-2 on Friday.
Two Upper West Side children went on a mission to visit 40 playgrounds in one day, hoping to set a record.
Eddie Palmieri, the East Harlem legend who revolutionized Latin music, now has a street renamed in his honor.
Services for the UnderServed's urban gardens and beehives provide therapeutic opportunities for New Yorkers with intellectual and developmental disabilities and behavioral health challenges
Religious institutions across the country are exploring how their properties can help address the affordable housing crisis, with a Brooklyn development offering a model for blending community needs with faith-based missions.
The Classical Theatre of Harlem's artistic director says Shakespeare's famous tragedy is more relevant today, though audiences can always expect a twist.
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 community in New Jersey is mourning the loss of a beloved grandmother and her 8-year-old granddaughter. Authorities say they were killed in a tragic house fire Saturday morning in Orange. CBS News New York's Andrew Ramos reports.
CBS News New York's Vanessa Murdock has your weather forecast for July 11 at 11 p.m.
U.S. home prices have hit an all-time high. Ali Bauman reports.
If you missed Manhattanhenge in May, your last chance to see it this year is this weekend.
Over two dozen people sickened by Legionnaires' disease on the Upper East Side are now out of the hospital, New York City health officials say.