Bernie Madoff's victims to get additional $158 million in restitution
Nearly 25,000 of the victims in Madoff's Ponzi scheme will see restitution through the Madoff Victim Fund.
Ponzi Scheme
California man sentenced in cow manure Ponzi scheme
After his arrest, Ray Brewer claimed he saved several soldiers from a fire while serving in the Navy, but later admitted, "these were both lies meant to curry favor with law enforcement."
2/9: Red and Blue
George Santos' work for firm accused of Ponzi scheme drew scrutiny; 2024 GOP presidential field begins to take shape.
Investigating Rep. George Santos' past
A new CBS Reports documentary explores Congressman George Santos' history of lies and his past involvement in a company accused in an alleged Ponzi scheme. CBS News political correspondent Caitlin Huey-Burns discusses "Campaign of Deceit: The Election of George Santos" with Anne-Marie Green and Seth Doane.
Bernie Madoff's sister and her husband dead in apparent murder-suicide
They were found unresponsive with gunshot wounds in their residence, police say. Madoff wiped out people's fortunes and ruined charities with a massive Ponzi scheme.
Christian radio host gets 3 life prison terms for bilking listeners
"He ruthlessly stole from his clients who trusted him for almost a decade," said the chief of the Tarrant County DA's Elder Financial Fraud team.
The history behind Bobby Bonilla Day
The Mets are sitting atop National League East and enjoying a good return so far on the team's $196 million payroll. But included in that figure is nearly $1.2 million for a player that hasn't stepped to the plate in more than 20 years, and one the team will continue to pay for another 14 years. Here's more on the now-infamous arrangement between an athlete and an owner, and the most notorious Ponzi scheme in history.
Bernie Madoff: How he pulled it off
Journalist Jim Campbell, author of "Madoff Talks," maintained a years-long correspondence with the disgraced investor to learn exactly how Madoff pulled off the biggest fraud in American financial history.
Bernie Madoff: How he pulled it off
On April 14, 2021, Bernard Madoff, who burned thousands of investors through an epic Ponzi scheme, died in prison while serving a 150-year prison sentence. Correspondent Jim Axelrod talks with journalist Jim Campbell, author of "Madoff Talks," who maintained a years-long correspondence with the disgraced investor and his family, to learn exactly how Madoff pulled off the largest financial fraud in Wall Street history.
Book excerpt: "Madoff Talks" by Jim Campbell
The journalist's new book features exclusive interviews with the disgraced investor who built a Ponzi scheme that grew into the largest financial fraud in Wall Street history.
Ponzi schemer Bernie Madoff dies in prison at 82
Bernie Madoff, the mastermind of the largest Ponzi scheme in history, died in prison at age 82. He suffered from kidney disease in recent years.
2009: The man who knew
In 2009, 60 Minutes interviewed Madoff Ponzi scheme whistleblower Harry Markopolos, who said he alerted the Securities and Exchange Commission of Madoff's fraud starting in 2000.
Bernie Madoff seeks early release due to end-stage renal disease
Without compassionate release, Madoff's sentence would not end until 2139.
Jeffrey Epstein once worked at firm behind massive Ponzi scheme
"I don't think there was anyone who worked for the company who didn't understand it was a fraud the whole time," a lawyer told CBS News
Bernie Madoff asks Trump for clemency
The perpetrator of the biggest fraud in history is seeking commutation of his 150-year prison sentence, which he is serving in North Carolina
Almanac: Schemer Charles Ponzi
The founding father of financial hijinks, who trapped his investors in a "musical chairs" of fraud, was born on March 3, 1882
Ponzi scheme suspect cast spells, paid $720K for prayers to thwart charges
Six-figure payments for prayers didn't spare Dawn Bennett from a 17-count indictment on fraud charges
Feds charge 3 men after busting $364M Ponzi scheme
Federal prosecutors say the accused ripped off hundreds while spending big on homes, cars and other luxury goods
Harvard-grad financier gets prison for "staggering" fraud
Haena Park was sentenced to three years in prison for squandering $23 million on bad investments
Madoff sons' estates to hand over millions
Mark Madoff hanged himself in 2010 while Andrew Madoff died of cancer in 2014;
Justices reject appeal of Ponzi scheme conviction
The Supreme Court has declined to take on the case of former Texas tycoon R. Allen Stanford, who has been convicted on fraud, conspiracy and obstruction charges
Manager of Backstreet Boys, 'NSync dies in prison at 62
Lou Pearlman’s $300 million Ponzi scheme through his Trans Continental companies was uncovered in 2006
ZeekRewards founder heads to trial for $900M scam
Feds allege Paul Burks' online auction site fronted a Ponzi scheme that bilked 1 million people out of nearly $1 billion
SEC says Oregon firm ran $350 million Ponzi scheme
It accuses Aequitas Capital Management of duping 1,500 clients, but the CEO says the agency chose "to rush to judgment"
China busts an alleged $7.6 billion online Ponzi scheme
The government accuses an Internet financing company of bilking 900,000 investors and arrests its founder
Hurricane Milton intensifies, heads toward Florida's Gulf Coast
Hurricane Milton grew into a powerful Category 3 and is expected to make landfall on Florida's west coast as a major hurricane this week.
Israelis mourn at massacre sites 1 year after Hamas' Oct. 7 terror attack
Exactly 1 year after Hamas' terrorist rampage in Israel, 101 hostages are still missing and the death toll is still climbing.
Supreme Court to weigh legality of Biden administration's ghost guns rule
The rule from the Bureau of Alcohol, Tobacco, Firearms and Explosives seeks to ensure ghost guns are subject to the same requirements as commercial firearms sales.
The Supreme Court's new term starts this week. Here's what to know.
Supreme Court justices will take the bench Monday for the first time since issuing blockbuster decisions on guns, abortion and presidential immunity.
Maps show forecast path of Hurricane Milton toward Florida
Forecasters predict Hurricane Milton will make landfall around the Tampa Bay area on Wednesday, bringing with it upwards of 120 mph winds.
Illegal crossings at U.S. southern border reach new Biden-era low
The number of migrants crossing into the U.S. illegally at the southern border reached the lowest point of President Biden's administration in September, according to internal Department of Homeland Security statistics obtained by CBS News.
How to watch Kamala Harris' 2024 election interview with "60 Minutes"
Vice President Kamala Harris will be interviewed in a Monday, Oct 7. "60 Minutes" election special. Here's how and when to watch.
Russia jails U.S. man, 72, accused of being a mercenary in Ukraine
A Russian court has sentenced an American named as Stephen Hubbard, 72, to almost 7 years in prison for "participating as a mercenary" in the Ukraine war.
Mother of Sean "Diddy" Combs defends son in statement
The mother of Sean "Diddy" Combs released a statement Sunday defending her son against the federal charges and multiple allegations of sexual misconduct he is currently facing.
U.S.
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2 Massachusetts researchers awarded Nobel Prize in medicine
Two researchers working in Massachusetts have been awarded the Nobel Prize in medicine for their discovery of microRNA.
Supreme Court to weigh legality of Biden administration's ghost guns rule
The rule from the Bureau of Alcohol, Tobacco, Firearms and Explosives seeks to ensure ghost guns are subject to the same requirements as commercial firearms sales.
Illegal crossings at U.S. southern border reach new Biden-era low
The number of migrants crossing into the U.S. illegally at the southern border reached the lowest point of President Biden's administration in September, according to internal Department of Homeland Security statistics obtained by CBS News.
Mother of Sean "Diddy" Combs defends son in statement
The mother of Sean "Diddy" Combs released a statement Sunday defending her son against the federal charges and multiple allegations of sexual misconduct he is currently facing.
Stormy weather, approaching hurricane, threaten launch delays
With a hurricane approaching, two high-priority NASA and European missions to an asteroid and Jupiter's moon Europa face delays.
MoneyWatch
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Hospitals across the U.S. face IV fluid shortage after Hurricane Helene
With one major medical supplier's production hubs closed, hospitals say they are rationing IV fluid bags and employing other conservation measures.
JPMorgan Chase denies Trump's claim that CEO Jamie Dimon endorsed him
JPMorgan CEO Jamie Dimon "has not endorsed a candidate," bank says, refuting former president's claim on social media.
Most people hit by Hurricane Helene do not have flood insurance
Outside of Florida, roughly 99% of homeowners that sustained flooding are not covered, Insurance Information Institute estimates.
Social Security will set 2025 COLA within days. Here's what to know.
The Social Security Administration will set its 2025 cost-of-living adjustment within days. Here's what the experts say.
Trump Media & Technology chief operating officer resigns
Trump Media exec's exit comes as Truth Social's parent company is ordered to hand over nearly 800,000 shares to an investor.
Politics
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VP debate highlights from the Walz-Vance 2024 showdown
Sen. JD Vance and Gov. Tim Walz met in New York for the CBS News vice presidential debate. Here are the highlights.
Fact checking VP debate claims from Walz and Vance's 2024 showdown
CBS News is fact checking the biggest claims made by Tim Walz and JD Vance during the vice presidential debate.
CBS News VP debate poll shows voter reactions to Vance-Walz showdown
CBS News poll finds Walz and Vance improved their standing in what debate watchers said was a positive debate.
Watch JD Vance's closing statement from the 2024 VP debate
Republican vice presidential nominee JD Vance said Americans "need a new direction" as he closed out the only VP debate before the November election.
Watch Tim Walz's closing statement from the 2024 VP debate
Gov. Tim Walz touted Vice President Kamala Harris' coalition of supporters, praising her for bringing "joy" to politics.
HealthWatch
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FDA's Promised Rules on Pulse Oximeters Unlikely To End Decades of Racial Bias
For decades, widely used pulse oximeters have underestimated the oxygen needs of darker-skinned patients. Will the FDA's new guidelines fix that?
How an ultrasound to check on her pregnancy revealed a big health issue
Doctors operated on Allison Misconin's reproductive system while she was more than halfway through her first pregnancy.
Yellow jackets swarm North Carolina, prompting Benadryl, EpiPen requests
Deadly flooding from Hurricane Helene in western North Carolina has disrupted the underground nests of yellow jackets, bees and other insects.
Hospitals across the U.S. face IV fluid shortage after Hurricane Helene
With one major medical supplier's production hubs closed, hospitals say they are rationing IV fluid bags and employing other conservation measures.
New CDC website shows if COVID or flu is on the rise in 2024
It centers around a sweeping new weekly metric called "acute respiratory illness."
World
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Russia jails U.S. man, 72, accused of being a mercenary in Ukraine
A Russian court has sentenced an American named as Stephen Hubbard, 72, to almost 7 years in prison for "participating as a mercenary" in the Ukraine war.
Mayor reportedly beheaded days after taking office in Mexico
Alejandro Arcos' murder came days after the killing of another city official. according to the Institutional Revolutionary Party.
Israelis mourn at massacre sites 1 year after Hamas' Oct. 7 terror attack
Exactly 1 year after Hamas' terrorist rampage in Israel, 101 hostages are still missing and the death toll is still climbing.
Eitan Halley escaped Hamas' attack on the Nova festival, but not unscathed
For Nova Music Festival survivor Eitan Halley, a year has done little to heal the scars left by Hamas' terror.
U.S., U.K. climbers stranded on Himalayan mountains rescued
Michelle Dvorak, 31, and Fay Manners, 37, went missing on Thursday after their equipment and food tumbled down a ravine while trekking up India's Chaukhamba mountain.
Entertainment
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Mother of Sean "Diddy" Combs defends son in statement
The mother of Sean "Diddy" Combs released a statement Sunday defending her son against the federal charges and multiple allegations of sexual misconduct he is currently facing.
Christopher Ciccone, artist and Madonna's younger brother, dies at 63
Christopher Ciccone spent most of his life in Madonna's shadow - as her back-up dancer, personal assistant, dresser, decorator, art director and tour director.
Sabrina Carpenter on "Short n' Sweet"
At just over five feet tall, Sabrina Carpenter is one of the giants of the pop world, with her album debuting at #1. "Sunday Morning" paid a visit to the rehearsal studio for her international tour.
Sabrina Carpenter on "Short n' Sweet"
Singer-songwriter Sabrina Carpenter seems to have exploded on the music scene, but her path to the top of the pop charts started more than a decade ago, posting videos on Youtube. And now, her latest album, "Short n' Sweet," debuted at #1. Correspondent Tracy Smith met with Carpenter during rehearsals of her stage show to talk about how the shutting of her Broadway show "Mean Girls" was a blessing in disguise; casting her boyfriend Barry Keoghan in the music video for her hit "Please Please Please"; and crediting her family (and caffeine) for the ability to deal with success.
"Matlock" star Kathy Bates
Academy Award-winning actress Kathy Bates sits down with Turner Classic Movies host Ben Mankiewicz to talk about her new TV show "Matlock," which explores the "invisibility" of women of a certain age. She also discusses some of her most memorable stage and screen roles, including her performance as a violent psychopath in the Stephen King thriller "Misery," and the message she shared with her late mother the night she won the Oscar.
Technology
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Gmail users get new summary cards to track purchases, events
Google brings new interactive summary cards to Gmail inboxes to help users track purchases, events.
Congress is trying to force carmakers to keep AM radio
AM Radio for Every Vehicle Act would require AM radios in electric vehicles, even though automakers claim electric motors interfere with the signal.
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.
Sony PlayStation Network outage throws gamers into hourslong disarray
Sony's PlayStation Network went down, frustrating gamers around the world who complain they weren't able to sign in to their accounts.
Verizon customers report widespread outages
Verizon customers reported their mobile phone service was down in cities across the U.S., giving them only SOS mode.
Science
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Maps show which states could see northern lights this weekend
The northern lights could dazzle millions of Americans in some northern states this weekend.
Type of firefly could be first on federal endangered species list
The Bethany Beach firefly is the first lightning bug species to be considered for protections under the Endangered Species Act.
How climate change threatens plants, animals
In this episode of "Climate Watch: Protecting the Planet," CBS News senior environmental correspondent Ben Tracy speaks to scientists and experts about the growing number of critically endangered plants and animals and how humans can help.
Book excerpt: "Revenge of the Tipping Point" by Malcolm Gladwell
The author revisits his 2000 bestseller "The Tipping Point," to examine the flip side of that earlier book's lessons about studying social change. Among the topics he covers: Cheetah reproduction.
50 "exceptionally well-preserved" Viking skeletons unearthed in Denmark
The Viking burial ground, used during the 9th and 10th centuries, was discovered on the southern outskirts of the village of Åsum.
Crime
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Mayor reportedly beheaded days after taking office in Mexico
Alejandro Arcos' murder came days after the killing of another city official. according to the Institutional Revolutionary Party.
2 arrested in attack on former N.Y. Gov. David Paterson, stepson
Two youths have been arrested in connection to Friday night's attack on former New York Gov. David Paterson and his stepson Anthony Sliwa.
Why an oral surgeon became a murder suspect in girlfriend's death
Sarah Harris' mother believes Dr. James Ryan dominated every aspect of her daughter's life, brought her powerful habit-forming drugs, and is therefore responsible for her death.
DNA helps ID killer 28 years after WA teen's murder
"One thing the detectives kept telling us was … eventually technology's gonna solve this case. … I trusted that, and they turned out that they were right," Sarah Yarborough's mother tells "48 Hours."
Apalachee hosts first football game since shooting
Apalachee High School in Winder, Georgia, on Friday hosted its first home football game since a 14-year-old student opened fire at the school one month ago, killing four people and wounding nine others. One of those killed was a beloved defensive football coach. Jericka Duncan has more.
Space
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Stormy weather, approaching hurricane, threaten launch delays
With a hurricane approaching, two high-priority NASA and European missions to an asteroid and Jupiter's moon Europa face delays.
Maps show which states could see northern lights this weekend
The northern lights could dazzle millions of Americans in some northern states this weekend.
New Vulcan rocket takes off on second test flight
Despite an apparent problem with one of two strap-on boosters, the Vulcan reached orbit and otherwise performed as expected.
Webb telescope detects carbon dioxide on surface of Pluto's largest moon
Researchers used observations from the Webb Telescope to identify carbon dioxide and hydrogen peroxide on the surface of Charon, Pluto's largest moon.
SpaceX Crew Dragon brings 2 fresh crew members to space station
A SpaceX Crew Dragon spacecraft caught up with the International Space Station and moved in for docking Sunday.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Clues and evidence in the John McCabe case
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
Latest CBS News Videos
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Latest CBS News Videos
Harris discusses economic plan on 60 Minutes
Tonight, on a 60 Minutes election special, Bill Whitaker asks Vice President Kamala Harris how she’ll fund her economic plan and how she'd get it through Congress.
10/6: The Takeout: Rev. Jim Wallis
Rev. Jim Wallis joins The Takeout from his library at Georgetown University. Wallis discusses the movement to confront White Christian nationalism, and how Trump's anti-immigration sentiments are antithetical to the teachings of Jesus. Wallis touches on the growth of Christianity in developing countries, and faith leaders he admires.
Turner: "All the candidates need to deescalate"
House Intelligence Committee chairman Rep. Mike Turner tells "Face the Nation with Margaret Brennan" that in the wake of the assassination attempts on former President Donald Trump "all the candidates need to deescalate, especially in their language." But when asked if there's anything to imply Eric Trump's allegation that Democrats are "trying to kill" Trump is true, Turner said "of course not."
McKenzie: "Iran is the country that's in a corner"
Retired Gen. Frank McKenzie, the former commander of U.S. forces in the Middle East, tells "Face the Nation with Margaret Brennan" that "Iran is the country that's in a corner" in the conflict in the Middle East, and says the "Israelis are certainly going to hit back."
Russell: Gaza is a "hellscape for children"
UNICEF executive director Catherine Russell tells "Face the Nation with Margaret Brennan" that the malnutrition, hygiene and mental health for children in Gaza is "all terrible," adding that it's a "hellscape for children."