Caroline Ellison says FTX's Bankman-Fried led her to "lie and steal"
In emotional testimony, Sam Bankman-Fried's former girlfriend blamed the FTX co-founder for justifying illegal activity.
Fraud
Prosecutors indict George Santos on new charges
The Department of Justice has indicted Rep. George Santos of New York on 10 new charges. They include conspiracy, wire fraud and more. CBS News congressional correspondent Nikole Killion reports.
Key witness testifies against FTX founder
Former Alameda Research CEO Caroline Ellison, the government's star witness against Sam Bankman-Fried, took the stand Tuesday and said the former crypto boss directed her to commit crimes. CBS News national correspondent Errol Barnett was in the courtroom and joins to break down the day's proceedings.
Trump won't attend second week of civil trial
A New York appeals court denied former President Donald Trump's request to halt proceedings as the second week of his fraud trial gets underway. CBS News chief election and campaign correspondent Robert Costa reports on what to expect this week in court.
FBI warns of rising elder fraud crime rates as scammers steal billions
One retiree told CBS News he fell for an online scam that cost him almost $800,000. And then the IRS said he owed $200,000 because the money was taken from a retirement account.
Americans reported $2.7 billion in losses from scams on social media
That figure is only a fraction of the actual harm, as most cases of fraud go unreported, according to FTC scam data analysis.
Trump tries to halt 3 cases against him
Donald Trump's civil trial in New York could shatter the foundation of his company and his father's legacy. CBS News investigative reporter Graham Kates has more on the defense's strategy to halt this ongoing case and others against the former president.
Sam Bankman-Fried's defense in fraud trial
Witness testimony resumes Thursday in the criminal fraud trial of Sam Bankman-Fried after the prosecution and defense laid out their opening statements Wednesday. The former CEO of crypto exchange FTX is accused of stealing billions of dollars from customers for his own personal use. He pleaded not guilty back in March. CBS News legal contributor Rebecca Roiphe has more.
The rise and fall of Sam Bankman-Fried
Lawyers for Sam Bankman-Fried delivered opening statements in his criminal trial Wednesday. Prosecutors have accused the former FTX CEO of misusing billions of dollars in customer funds. Author Michael Lewis joins CBS News to discuss his new book, "Going Infinite: The Rise and Fall of a New Tycoon," which takes an in-depth look at the rise and fall of Bankman-Fried.
Judge in Trump's fraud case issues gag order
The judge overseeing the civil trial of former President Donald Trump in New York issued a gag order barring those involved in the case from posting information about his staff. Trump is facing allegations he and his company falsified business and personal records for financial gain. CBS News chief election and campaign correspondent Robert Costa reports.
Trump slams fraud trial as a "sham"
Before heading into the courtroom for his second day in court, former President Donald J. Trump continued his attacks on New York Attorney General Letitia James, calling the civil case against him a "sham." CBS News chief election and campaign correspondent Robert Costa has more on today's trial developments.
Recapping Day 1 of Trump fraud trial
Donald Trump will be back in court Tuesday for the second day of his New York civil fraud trial after what people close to the former president say was a "deeply personal" appearance for opening arguments Monday. CBS News chief election and campaign correspondent Robert Costa has more.
Why Trump's fraud trial doesn't have a jury
Former President Donald Trump appeared in a Manhattan courtroom on Monday as the trial in his civil fraud case got underway. CBS News chief election and campaign correspondent Robert Costa reports.
10/2: CBS News Mornings
Trump expected in court for New York City civil trial; Beyoncé's Renaissance tour coming to theaters in December.
Breaking down the Trump civil fraud trial
Former President Donald Trump is attending the beginning of the New York state civil fraud trial against his family-owned business. New York State Attorney General Letitia James claims the Trump Organization repeatedly committed fraud on financial statements in order to secure business loans and insurance policies. Trump dismissed the case as a witch hunt and called the attorney general racist. CBS News legal contributor Jessica Levinson has more details on the case.
Trump calls prosecutor racist before trial
Former President Donald Trump lashed out at Attorney General Letitia James and others when he arrived at a Lower Manhattan courtroom for the first day of his civil trial for alleged fraud Monday. Trump called the case against him a "scam."
Trump in courtroom for fraud trial
Former President Donald Trump arrived at the courthouse in Lower Manhattan Monday morning for the start of his New York civil trial over fraud allegations. He and others involved with the Trump Organization are accused of committing widespread fraud to get better terms on loans and insurance policies. CBS News chief election and campaign correspondent Robert Costa has more.
Trump expected in N.Y. court for fraud trial
Former President Donald Trump is expected to appear in New York court on Monday as a civil trial begins to determine the penalties after a judge ruled Trump and the Trump Organization committed business fraud. CBS News chief election and campaign correspondent Robert Costa reports from New York.
Trump expected in court for NYC civil trial
Former President Donald Trump has long volleyed insults at New York Attorney General Letitia James while her office investigated him and his company — an investigation that ultimately led to her filing a $250 million civil lawsuit accusing Trump and others at the Trump Organization of widespread fraud. The trial stemming from that suit is set to begin Monday. CBS News chief election and campaign correspondent Robert Costa has more.
How fraud ruling may affect Trump's business
A New York judge ruled Tuesday that Donald Trump and the Trump Organization committed fraud for years, saying the former president inflated the value of his assets by billions of dollars and lied about his net worth on financial statements. Trump could end up losing control of iconic properties like Trump Tower. A Trump spokesperson says there will be an appeal. CBS News congressional correspondent Scott MacFarlane has more.
Judge finds Donald Trump liable for fraud
A New York judge ruled Tuesday that former President Donald Trump committed fraud for years while building his real estate empire. The judge found that Trump and his company deceived banks, insurers and others by overvaluing his assets and exaggerating his net worth. CBS News' Scott MacFarlane reports.
Wael Hana, co-defendant in Robert Menendez case, arrested at JFK
He is one of three businessmen federally charged with coordinating hundreds of thousands of dollars in bribes to Democratic Sen. Robert Menendez of New Jersey and his wife.
Judge rules Trump, company violated fraud law
Donald Trump and his company "repeatedly" violated state fraud law, a New York judge ruled Tuesday. Judge Arthur Engoron agreed in his ruling with New York Attorney General Letitia James' office that it is beyond dispute that Trump and his company provided banks with financial statements that misrepresented his wealth by as much as $3.6 billion.
Trump, company violated fraud law, judge rules
A New York judge ruled that former President Donald Trump and his company "repeatedly" violated state fraud law. The ruling is part of the New York attorney general's $250 million civil suit, which is scheduled to go to trial in October. Scott MacFarlane reports.
New Jersey senator indicted
New Jersey Sen. Robert Menendez and his wife are facing allegations stemming from a sweeping federal bribery scheme. An indictment was announced Friday. Menendez, a Democrat, is now resisting calls to resign. Scott MacFarlane has more.
Live
Iran-backed Houthis tighten grip on key oil shipping lane
The moves by the Houthis make it easier for the Iran-backed rebels to target ships transiting the crucial Bab el-Mandeb Strait for Saudi Arabian oil exports.
Trump says he would "love" a unified Ireland as he kicks off visit
The visit mixes official talks with Irish leaders and attendance at the Irish Open at a golf course that the president owns.
25 years after 9/11 attacks, America reflects and remembers
Four former presidents were at the World Trade Center memorial site for 9/11 commemorations, while President Trump spoke at the Pentagon.
CIA declassifies dozens of never-before-seen 9/11 documents
The CIA released 71 reports from the months and years leading up to 9/11, providing a new look at what the spy agency told two presidents before the deadly strikes.
Gen. Dan Caine reflects on responding to 9/11: "No doubt" nation was at war
Now the chairman of the Joint Chiefs of Staff, Gen. Dan Caine was a young fighter pilot mobilized in the response on Sept. 11, 2001.
Exclusive
An exclusive look aboard the USS George Washington in its role in the Iran war
The USS George Washington, with its approximately 5,000 personnel, fighter jets and munitions, is the backbone of the U.S. military's tactical operation in the Iran war.
Trump admin. to send $500 checks to nearly 1 million ACA enrollees
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
Exclusive
25 years later, family meets woman who took flight attendant's historic 9/11 call
An American Airlines reservations agent who took Betty Ong's historic 9/11 call recalls the flight attendant's bravery.
First on CBS
Navy sailor appeared on stage at partisan GOP convention
A Navy sailor who was still on active duty as of this week appeared at the Republican midterm convention on Thursday.
U.S.
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Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Trump says he would "love" a unified Ireland as he kicks off visit
The visit mixes official talks with Irish leaders and attendance at the Irish Open at a golf course that the president owns.
Exclusive
An exclusive look aboard the USS George Washington in its role in the Iran war
The USS George Washington, with its approximately 5,000 personnel, fighter jets and munitions, is the backbone of the U.S. military's tactical operation in the Iran war.
Gen. Dan Caine reflects on responding to 9/11: "No doubt" nation was at war
Now the chairman of the Joint Chiefs of Staff, Gen. Dan Caine was a young fighter pilot mobilized in the response on Sept. 11, 2001.
Chicago rapper Lil Durk acquitted in Los Angeles murder-for-hire plot
A federal jury in Los Angeles has acquitted Grammy-winning Chicago rapper Lil Durk in a murder-for-hire plot targeting another rapper.
MoneyWatch
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Trump admin. to send $500 checks to nearly 1 million ACA enrollees
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
See how your income tax bracket could change for 2027
The adjustment could provide financial relief for taxpayers who find that more of their income is taxed at lower rates, a Bloomberg analysis suggests.
How lower-paid workers are getting their biggest pay raise in years
Some workers are seeing stronger wage growth by switching jobs, while others are "job-hugging" because of AI, research shows.
Fed rate hike likelihood jumps to nearly 90% after hotter CPI report
Investors believe the Fed will raise borrowing costs as it works to tame inflation, which has risen a full percentage point since the Iran war started.
Record-setting cyclospora outbreak is over, U.S. health officials say
The Centers for Disease Control and Prevention said there is no longer a risk of people getting sick with cyclosporiasis from this outbreak and is confident that all related iceberg lettuce is off the market.
Politics
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Trump says he would "love" a unified Ireland as he kicks off visit
The visit mixes official talks with Irish leaders and attendance at the Irish Open at a golf course that the president owns.
Exclusive
An exclusive look aboard the USS George Washington in its role in the Iran war
The USS George Washington, with its approximately 5,000 personnel, fighter jets and munitions, is the backbone of the U.S. military's tactical operation in the Iran war.
Gen. Dan Caine reflects on responding to 9/11: "No doubt" nation was at war
Now the chairman of the Joint Chiefs of Staff, Gen. Dan Caine was a young fighter pilot mobilized in the response on Sept. 11, 2001.
Ex-CIA official found with $40 million in gold bars in plea deal talks
The court filing did not indicate what charges David Rush could plead to.
Michigan Senate candidates battle over their records on 9/11 at 25-year mark
The candidates in Michigan's closely watched U.S. Senate race, Democrat Abdul El-Sayed and Republican Mike Rogers, have exchanged criticism over their records on the 9/11 attacks.
HealthWatch
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Strange symptom and a "weird" referral led to surprise Stage 4 cancer diagnosis
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
Trump admin. to send $500 checks to nearly 1 million ACA enrollees
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
Record-setting cyclospora outbreak is over, U.S. health officials say
The Centers for Disease Control and Prevention said there is no longer a risk of people getting sick with cyclosporiasis from this outbreak and is confident that all related iceberg lettuce is off the market.
Coroner releases details on 2 infant deaths in Pennsylvania measles outbreak
Neither infant was old enough to be vaccinated. The first dose of the measles vaccine is typically given at around 1 year of age.
How donating blood could reveal clues about your own health
Amid a national blood supply crisis, Dr. Courtney Lawrence sat down with Norah O'Donnell to talk about donating blood, health myths and more.
World
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Suspects in $6 million romance scam targeting women extradited to U.S.
The men, who were arrested in the South African city of Cape Town in 2021, are set to be handed over to officials from the FBI.
Saudi Arabia's MBS pressed Trump to strike Houthis in Yemen, sources say
Saudi Crown Prince Mohammed bin Salman has personally pressed President Trump to take military action against the Iran-backed Houthis, sources tell CBS News.
Sweden's election could mark major milestone for Europe's populist right
Once shunned over its extremist roots, the Sweden Democrats could enter government for the first time as voters weigh immigration, crime and Sweden's political transformation.
American woman allegedly smuggled drugs for free trip to Japan
One of the women told police that she took the job for the money and because "I was attracted by the fact I could go to Japan for free," Nippon TV reported.
Live
Iran-backed Houthis tighten grip on key oil shipping lane
The moves by the Houthis make it easier for the Iran-backed rebels to target ships transiting the crucial Bab el-Mandeb Strait for Saudi Arabian oil exports.
Entertainment
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Entertainment
Jason Scott & The High Heat play "Fast As I Can Crawl"
Hailing from Oklahoma City, roots-driven country band Jason Scott & The High Heat is on the rise. Headliner Jason Scott spent years training as a preacher until he experienced a crisis of faith, an experience that shaped his songwriting. The band's upcoming album "Playboy" captures their electrifying sound. Here's Jason Scott & The High Heat with "Fast As I Can Crawl."
Jason Scott & The High Heat play "When Love Tries To Hurt You"
Hailing from Oklahoma City, roots-driven country band Jason Scott & The High Heat is on the rise. Headliner Jason Scott spent years training as a preacher until he experienced a crisis of faith, an experience that shaped his songwriting. The band's upcoming album "Playboy" captures their electrifying sound. Here's Jason Scott & The High Heat with "When Love Tries To Hurt You."
Jason Scott & The High Heat play "Too Good, Too Bad"
Hailing from Oklahoma City, roots-driven country band Jason Scott & The High Heat is on the rise. Headliner Jason Scott spent years training as a preacher until he experienced a crisis of faith, an experience that shaped his songwriting. The band's upcoming album "Playboy" captures their electrifying sound. Here's Jason Scott & The High Heat with "Too Good, Too Bad."
Nashville airport one step closer to being renamed for Dolly Parton
The Metro Nashville Airport Authority board voted 6-0 on Friday to begin the process of changing the name and said a final name has not been chosen.
Dolly Parton's sister on Dolly's marriage
Dolly Parton's younger sister sat down with Gayle King for a conversation that included Dolly's makeup routine and her decades-long love affair with her husband Carl.
Technology
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Technology
The biggest real-world risks of AI
A number of tech insiders have voiced concerns and given dire warnings in recent days about the rapid growth of AI. CBS News' Jo Ling Kent and Maya Blackstone have more.
Are bioweapons a looming AI threat?
Some tech insiders are sounding the alarm on the dangers of artificial intelligence, which could be used to disable critical infrastructure or create biological weapons. Dr. Céline Gounder weighs in.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
AI could "kill us all," researcher says
Two tech insiders are sounding the alarm on artificial intelligence. Former Anthropic researcher Jacob Coxon warns that AI could "kill us all," and now former Google DeepMind researcher Alex Turner warns that society is "just not prepared."
Ex-Anthropic researcher warns AI could grow "smart enough to kill us"
The development of AI "doesn't look that different from say, 'Terminator,' or from science fiction films," Jacob Coxon said.
Science
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First-ever adult T. rex trackway found in North Dakota
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Vote on the fattest marmot now
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA plans to launch new space telescope
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
Crime
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Man arrested in death of Tasia Fortune, woman found hanging from tree
Mississippi police have arrested a man in the death of Tasia Fortune, a Black woman found hanging from a tree last month.
State of al‑Qaeda 25 years after 9/11 attacks
25 years after 9/11, we rarely hear about the state of the organization responsible for the attacks. The Atlantic recently put out a piece on al-Qaeda that says in part, "analysts can't decide if the terrorist organization is all but defunct or more threatening than ever." The article's author, Graeme Wood, joins "The Takeout" to discuss.
New terror threats against U.S. post 9/11
The FBI is warning of potential attacks on 9/11 remembrance ceremonies as terrorist groups call for new strikes on U.S. soil. Anna Schecter has more.
Suspects in $6 million romance scam targeting women extradited to U.S.
The men, who were arrested in the South African city of Cape Town in 2021, are set to be handed over to officials from the FBI.
American woman allegedly smuggled drugs for free trip to Japan
One of the women told police that she took the job for the money and because "I was attracted by the fact I could go to Japan for free," Nippon TV reported.
Space
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NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
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Latest CBS News Videos
Jason Scott & The High Heat play "Fast As I Can Crawl"
Hailing from Oklahoma City, roots-driven country band Jason Scott & The High Heat is on the rise. Headliner Jason Scott spent years training as a preacher until he experienced a crisis of faith, an experience that shaped his songwriting. The band's upcoming album "Playboy" captures their electrifying sound. Here's Jason Scott & The High Heat with "Fast As I Can Crawl."
Jason Scott & The High Heat play "When Love Tries To Hurt You"
Hailing from Oklahoma City, roots-driven country band Jason Scott & The High Heat is on the rise. Headliner Jason Scott spent years training as a preacher until he experienced a crisis of faith, an experience that shaped his songwriting. The band's upcoming album "Playboy" captures their electrifying sound. Here's Jason Scott & The High Heat with "When Love Tries To Hurt You."
Jason Scott & The High Heat play "Too Good, Too Bad"
Hailing from Oklahoma City, roots-driven country band Jason Scott & The High Heat is on the rise. Headliner Jason Scott spent years training as a preacher until he experienced a crisis of faith, an experience that shaped his songwriting. The band's upcoming album "Playboy" captures their electrifying sound. Here's Jason Scott & The High Heat with "Too Good, Too Bad."
The Uplift: Dolly Parton
Dolly Parton was known for her music, acting, glitz and glam – but there is more to the star that meets the eye. We celebrate Dolly's legacy and philanthropy and her alter-ego, "The Book Lady."
9/11: We Remember
CBS News marks 25 years since the 9/11 terror attacks through powerful stories of survival, loss and resilience.