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 New York Yankees ended a seven-game losing streak with a 5-2 victory over the Minnesota Twins on Friday night.
A cluster of Legionnaires' disease cases on New York City's Upper East Side is under investigation, health officials say.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Dozens of cyclosporiasis cases were reported across New York state between May 1 and June 16, the CDC says.
Brooklyn residents say loose boards and protruding nails on the Coney Island boardwalk have caused serious injuries.
A cluster of Legionnaires' disease cases on New York City's Upper East Side is under investigation, health officials say.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Dozens of cyclosporiasis cases were reported across New York state between May 1 and June 16, the CDC says.
Brooklyn residents say loose boards and protruding nails on the Coney Island boardwalk have caused serious injuries.
Westchester County health officials say people should avoid recreational activities along a stretch of the Hudson River until further notice due to a massive raw sewage discharge.
Friday is another day of sweltering temperatures as the extremely hot weather continues.
New York City Thursday tied the record high temperature of 100 degrees set on this date in 1966.
The New York, New Jersey area is dealing with extreme heat as cooling centers, pools, parks and other resources try to keep residents cool.
Dangerously hot weather is beginning in the New York City area, with an Extreme Heat Warning about to go into effect.
Monday's severe weather has come and gone, but that doesn't mean the system is leaving the area.
Friday is another day of sweltering temperatures as the extremely hot weather continues.
It was not immediately clear how many Delaney Hall detainees were impacted by the air conditioning issue or whether repairs were complete.
New York City Thursday tied the record high temperature of 100 degrees set on this date in 1966.
New Jersey is set to charge companies whose workers have Medicaid health coverage.
Jersey City Mayor James Solomon is now lowering a proposed tax hike from 20% to 15%, but many residents says it's still a painful pill to swallow.
A beachgoer suffered a shark bite at Jones Beach, officials confirmed, a day after multiple shark sightings at Long Island and New York City beaches.
Friday is another day of sweltering temperatures as the extremely hot weather continues.
From Long Island to the World Cup, Joe Scally is making his hometown proud playing with the U.S. men's national team.
New York City Thursday tied the record high temperature of 100° set on this date in 1966. That was the last time we hit 100° in Central Park was in 2012. CBS News New York's Lonnie Quinn, Doug Williams, Mahsa Saeidi, Dave Carlin and Christine Sloan have team coverage.
New York City Thursday tied the record high temperature of 100 degrees set on this date in 1966.
Brooklyn residents say loose boards and protruding nails on the Coney Island boardwalk have caused serious injuries.
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
President Trump hasn't committed to a firm number of people who will receive clemency — he's scheduled to have a meeting on pardons Friday afternoon, sources said.
It was not immediately clear how many Delaney Hall detainees were impacted by the air conditioning issue or whether repairs were complete.
New York City Zohran Mamdani remained unperturbed after taking a viral roasting for telling sweat-soaked New Yorkers in the middle of an expected heat wave to set their thermostats to 78° to protect the power grid.
A cluster of Legionnaires' disease cases on New York City's Upper East Side is under investigation, health officials say.
Dozens of cyclosporiasis cases were reported across New York state between May 1 and June 16, the CDC says.
Westchester County health officials say people should avoid recreational activities along a stretch of the Hudson River until further notice due to a massive raw sewage discharge.
New Jersey is set to charge companies whose workers have Medicaid health coverage.
A federal judge has temporarily blocked the Justice Department from executing subpoenas in a criminal probe that sought transgender care records for patients treated at New York hospitals.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
The NYPD has announced street closures around Madison Square Garden for Taylor Swift and Travis Kelce's wedding.
Taylor Swift and Travis Kelce donated to 20 local and national charities ahead of their wedding Friday.
Two elite event designers shared their thoughts on how Taylor Swift's team might transform Madison Square Garden.
The New York Yankees ended a seven-game losing streak with a 5-2 victory over the Minnesota Twins on Friday night.
Folarin Balogun got the scoring going with a goal in the 45th minute, but was sent off with a controversial red card in the 64th minute.
Camilo Doval forced in the go-ahead run with a bases-loaded walk in a four-run 11th inning that gave the Tigers a 6-2 victory over the Yankees on Wednesday.
Sean Keys hit his first career home run, Myles Straw added a pinch-hit shot and the Blue Jays beat the Mets 9-3 in a Canada Day matinee Wednesday.
The Boston Celtics have reportedly signed NBA free agents Mitchell Robinson and Mike Conley Jr.
Brooklyn residents say loose boards and protruding nails on the Coney Island boardwalk have caused serious injuries.
The World Cup is renewing the call for ferry service from West Harlem.
As children cooled off in a splash pad steps from the empty Red Hook Pool, families in the neighborhood said they are once again waiting for answers about when the public pool will open for the summer.
Miss Subways was a citywide contest that highlighted everyday New York women doing amazing things. The competition no longer exists but former titleholders say the message still rings true.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
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.
Times Square is holding eight ball drops to celebrate Independence Day, with each occurring at midnight in every American time zone, including U.S. territories. CBS News New York's Naveen Dhaliwal reports.
CBS News New York is commemorating 250 years of America's independence. This milestone marks 2.5 centuries since the Founding Fathers signed the Declaration of Independence on July 4, 1776.
Dozens of cyclosporiasis cases were reported across New York state between May 1 and June 16, the CDC reports.
An immersive and intimate exhibition takes us through life in New York City under British occupation during the American Revolution. CBS News New York's Dave Carlin takes us to the Museum of New York.
The Suffolk County Executive's Office said more than half a million dollars was spent on the serial killer's defense, but the bill is expected to reach $2 million.
