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.
Nearly 25,000 of the victims in Madoff's Ponzi scheme will see restitution through the Madoff Victim Fund.
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."
George Santos' work for firm accused of Ponzi scheme drew scrutiny; 2024 GOP presidential field begins to take shape.
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.
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.
"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 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.
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.
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.
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.
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.
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.
Without compassionate release, Madoff's sentence would not end until 2139.
"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
The perpetrator of the biggest fraud in history is seeking commutation of his 150-year prison sentence, which he is serving in North Carolina
The founding father of financial hijinks, who trapped his investors in a "musical chairs" of fraud, was born on March 3, 1882
Six-figure payments for prayers didn't spare Dawn Bennett from a 17-count indictment on fraud charges
Federal prosecutors say the accused ripped off hundreds while spending big on homes, cars and other luxury goods
Haena Park was sentenced to three years in prison for squandering $23 million on bad investments
Mark Madoff hanged himself in 2010 while Andrew Madoff died of cancer in 2014;
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
Lou Pearlman’s $300 million Ponzi scheme through his Trans Continental companies was uncovered in 2006
Feds allege Paul Burks' online auction site fronted a Ponzi scheme that bilked 1 million people out of nearly $1 billion
It accuses Aequitas Capital Management of duping 1,500 clients, but the CEO says the agency chose "to rush to judgment"
The government accuses an Internet financing company of bilking 900,000 investors and arrests its founder
Stormy Daniels gave defiant testimony Thursday as the defense accused her of fabricating details of the alleged sexual encounter between her and former President Donald Trump.
The Florida sheriff's deputy has been placed on administrative leave after the deadly shooting of Senior Airman Roger Fortson.
Hunter Biden was indicted on federal gun charges in September and pleaded not guilty.
One skier was rescued and two were killed following an avalanche Thursday in the mountains outside of Salt Lake City.
This will be the first baby for Hailey and Justin Beiber, who announced their pregnancy after more than five years of marriage.
Administrators at two universities cited pressure from students and the community over U.S. support for Israel in its war with Hamas.
Democratic Rep. Henry Cuellar and his wife, Imelda Rios Cuellar, have been indicted in an alleged bribery scheme.
New research links higher consumption of certain ultra-processed foods to a higher risk of death.
Trevor Bickford was sentenced to 27 years Thursday for attacking NYPD officers with a machete on New Year's Eve in 2022 near Times Square.
One skier was rescued and two were killed following an avalanche Thursday in the mountains outside of Salt Lake City.
Democratic Rep. Henry Cuellar and his wife, Imelda Rios Cuellar, have been indicted in an alleged bribery scheme.
Maker of insulin pump urges customers to update an app because of glitch that causes the devices to unexpectedly shut down.
Former White House aide and wife of national security adviser Jake Sullivan Maggie Goodlander launched her campaign for Congress Thursday.
The fitness chain's $10 monthly membership is one of few things that had remained unchanged since 1998 — until now.
Maker of insulin pump urges customers to update an app because of glitch that causes the devices to unexpectedly shut down.
The fitness chain's $10 monthly membership is one of few things that had remained unchanged since 1998 — until now.
Sixty-one percent of the lowest-paid U.S. workers can't get time off for an illness, according to a recent Economic Policy Institute report on the state of sick leave in the United States.
At its height, the Chevy Malibu won Motor Trend Car of the Year 1997 because of its smooth ride and fuel economy.
The price of a McDonald's Quarter Pounder with Cheese meal has more than doubled since 2014, data show.
Democratic Rep. Henry Cuellar and his wife, Imelda Rios Cuellar, have been indicted in an alleged bribery scheme.
Former White House aide and wife of national security adviser Jake Sullivan Maggie Goodlander launched her campaign for Congress Thursday.
Democratic Senator Bob Menendez, of New Jersey, is set to be tried on bribery, corruption and obstruction charges beginning Monday.
Stormy Daniels gave defiant testimony Thursday as the defense accused her of fabricating details of the alleged sexual encounter between her and former President Donald Trump.
Administrators at two universities cited pressure from students and the community over U.S. support for Israel in its war with Hamas.
Maker of insulin pump urges customers to update an app because of glitch that causes the devices to unexpectedly shut down.
The fitness chain's $10 monthly membership is one of few things that had remained unchanged since 1998 — until now.
New research links higher consumption of certain ultra-processed foods to a higher risk of death.
Elon Musk's Neuralink finds a brain-computer interface device captured less data a month after implant surgery.
Brain worms, like the one Robert F. Kennedy Jr.'s campaign said he contracted over a decade ago, are real — and more common in certain parts of the world than you might think.
Demonstrators chanting anti-Israeli slogans have descended on the Swedish city hosting the 2024 Eurovision Song Contest.
Mohammad Rasoulof has become the latest artist targeted in a widening crackdown on all dissent in the Islamic Republic.
Allan W. Knepper, 27, was among a squadron that encountered heavy anti-aircraft fire during an attack on Axis powers in July 1943.
One member of Israel's government says Hamas loves Mr. Biden, but other Israelis worry their leaders are losing the vital war for global support.
The blue lobster could have sold for roughly $30 based on her size, but it was decided to donate her to an aquarium to keep her safe instead.
This will be the first baby for Hailey and Justin Beiber, who announced their pregnancy after more than five years of marriage.
Demonstrators chanting anti-Israeli slogans have descended on the Swedish city hosting the 2024 Eurovision Song Contest.
In "The Office" actor Rainn Wilson's new podcast "Soul Bloom," he speaks with comedians, experts and authors about creativity, spirituality and psychology.
Award-winning actor Rainn Wilson, famed for his role as Dwight Schrute in "The Office," joins "CBS Mornings" to talk about hosting the new podcast 'Soul Boom,' inspired by his bestselling book.
UmaSofia Srivastava resigned as Miss Teen USA on Wednesday, just two days after Noelia Voigt stepped down as Miss USA.
FTX says most of its customers will receive some of their money back nearly two years after the cryptocurrency exchange collapsed. Yesha Yadav, associate dean of Vanderbilt Law School, joins CBS News to discuss how the payback will work.
An undercover sting operation in New Mexico is renewing calls by law enforcement for social media platforms to do more to protect kids online. Bodycam video exclusively obtained by CBS News shows how police took down a suspected sexual predator allegedly targeting kids on Facebook messenger.
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.
A new Microsoft report shows that 75% of workers now use artificial intelligence at their jobs. Jared Spataro, Microsoft's corporate vice president of AI at work, joins CBS News to discuss how the technology is changing workplaces.
Artificial intelligence has revolutionized how millions work and the same is true for militaries worldwide. Autonomous weapons systems are already on the battlefield in Ukraine and Gaza. Dr. C. Anthony Pfaff, research professor at U.S. Army War College, joins CBS News to discuss.
In the video, the surface of the sun appears furred with dark yellow material as beams of gold swoop overhead.
The visualization, produced on a NASA supercomputer, allows users to experience flight towards a supermassive black hole.
Boeing's Starliner was set to make its maiden voyage to the International Space Station, with its first piloted launch Monday night. But the launch, already pushed back following years of delays, was scrubbed with less than two hours to go before liftoff. Mark Strassmanm reports.
Reported sightings of giant, toxic, invasive hammerhead flatworms are on the rise in parts of southeastern Canada. Experts say the worms can grow up to 3 feet long and pose a risk to children, pets and other small animals. Peter Ducey, PH.D. and distinguished teaching professor at SUNY Cortland, joins CBS News to discuss the worm.
When NASA added a tiny four-pound helicopter as a stowaway to its Mars 2020 lander, it expected the helicopter to fly five very brief flights in the thin Martian atmosphere. Yet, Ingenuity would far surpass all expectations.
Democratic Rep. Henry Cuellar and his wife, Imelda Rios Cuellar, have been indicted in an alleged bribery scheme.
Democratic Senator Bob Menendez, of New Jersey, is set to be tried on bribery, corruption and obstruction charges beginning Monday.
Florida officials have released body camera footage of the events that led to the death of U.S. Air Force Senior Airman Roger Fortson, who was shot and killed in his own home by a sheriff's deputy. Keith Taylor, a professor at John Jay College of Criminal Justice, joins CBS News with more on the incident.
Trevor Bickford was sentenced to 27 years Thursday for attacking NYPD officers with a machete on New Year's Eve in 2022 near Times Square.
Wilson's parents are asking for over $1 million in damages in the wrongful death lawsuit.
In the image, "a ghostly hand appears to be emerging from the interstellar medium and reaching out into the cosmos," the NOIRLab said.
The so-called super Earth — known as 55 Cancri e — is among the few rocky planets outside our solar system with a significant atmosphere.
In the video, the surface of the sun appears furred with dark yellow material as beams of gold swoop overhead.
United Launch Alliance decided to replace a suspect valve in the Atlas 5 rocket's upper stage, delaying launch to late next week.
The visualization, produced on a NASA supercomputer, allows users to experience flight towards a supermassive black hole.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
President Biden said the U.S. will stop supplying Israel with weapons if it expands military operations into Rafah. CBS News foreign correspondent Ramy Inocencio reports on reactions from Israeli officials, and chief White House correspondent Nancy Cordes breaks down Mr. Biden's latest moves.
Multiple tornadoes tore through through southeastern U.S. this week, killing at least three people. Warnings for more severe weather continued Thursday. CBS News' Dave Malkoff reports.
Florida officials have released body camera footage of the events that led to the death of U.S. Air Force Senior Airman Roger Fortson, who was shot and killed in his own home by a sheriff's deputy. Keith Taylor, a professor at John Jay College of Criminal Justice, joins CBS News with more on the incident.
A Biden administration change will empower immigration officials at the southern border to more quickly reject migrants who are deemed to have serious criminal records or pose a threat to national security. CBS News immigration and politics reporter Camilo Montoya-Galvez reports.
A 24-hour national strike in Argentina by the main labor union confederation is protesting President Javier Milei's economic policies. Ignacio Bottaro, a Telefe news reporter, joins CBS News with more.