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.
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.
Logan Webb pitched eight strong innings and extended his scoreless streak to 19 as the San Francisco Giants beat the New York Mets 5-1 on Tuesday night.
Anthony Rizzo snapped a lengthy power drought with a two-run homer that capped a four-run first inning, and the New York Yankees held on for a 4-3 win over the Oakland Athletics.
Vincent Trocheck and Mika Zibanejad each had a goal and an assist and the Presidents' Trophy-winning New York Rangers held on to beat the Washington Capitals 4-3 for a 2-0 lead in their first-round playoff series.
U.S. News & World Report on Tuesday released their 2024 high school rankings, including nearly 2,000 in New York, New Jersey and Connecticut combined.
Jurors in former President Donald Trump's trial in New York heard testimony from a former media executive about his efforts to bury negative stories about Trump before the 2016 presidential election.
U.S. News & World Report on Tuesday released their 2024 high school rankings, including nearly 2,000 in New York, New Jersey and Connecticut combined.
The 12th Annual Black Comic Book Festival returns to the Schomburg Center later this week.
Many romance scam support groups are full of people making other questionable promises of recovering funds, the CBS New York Investigative Team found.
We're about to get into the heart of severe weather season in the Tri-State Area, so what can you do to prepare your home and property?
A runner says a coyote stopped him dead in his tracks in Central Park Saturday morning.
U.S. News & World Report on Tuesday released their 2024 high school rankings, including nearly 2,000 in New York, New Jersey and Connecticut combined.
We're about to get into the heart of severe weather season in the Tri-State Area, so what can you do to prepare your home and property?
Today will be sunny, breezy and mild with highs in the mid-60s. Then, we're tracking some rain showers late tonight.
Yale University says it is investigating after a Jewish student reported a protester jabbed her in the eye with a Palestinian flag.
A chilly morning will give way to sunshine and mild temperatures by the afternoon. Expect highs in the low 60s.
U.S. News & World Report on Tuesday released their 2024 high school rankings, including nearly 2,000 in New York, New Jersey and Connecticut combined.
We're about to get into the heart of severe weather season in the Tri-State Area, so what can you do to prepare your home and property?
Today will be sunny, breezy and mild with highs in the mid-60s. Then, we're tracking some rain showers late tonight.
The MTA's own assessment says there will be an uptick in pollutants in Bergen County, Bronx and Staten Island due to congestion pricing.
First responders raced through smoke to save dozens of dogs trapped inside a pet hotel near a fire in Fairfield, New Jersey.
U.S. News & World Report on Tuesday released their 2024 high school rankings, including nearly 2,000 in New York, New Jersey and Connecticut combined.
Many romance scam support groups are full of people making other questionable promises of recovering funds, the CBS New York Investigative Team found.
Suffolk County law enforcement officers are now equipped with a tool to help people on the autism spectrum during stressful encounters.
Former New York Rep. George Santos is no longer running for Congress, he announced Tuesday on X.
Long Island is on the front line in the battle against climate change, and some residents there are doing what they can to fight it - including taking inspiration from nature itself.
Jurors in former President Donald Trump's trial in New York heard testimony from a former media executive about his efforts to bury negative stories about Trump before the 2016 presidential election.
The school had set a deadline of midnight Wednesday for it to reach an agreement with demonstrators about dispersing their encampment but extended that deadline early Wednesday for 48 hours.
Former New York Rep. George Santos is no longer running for Congress, he announced Tuesday on X.
The Senate passed the foreign aid package, which includes a provision that could lead to a ban on TikTok, after months of disagreement in Congress.
The MTA's own assessment says there will be an uptick in pollutants in Bergen County, Bronx and Staten Island due to congestion pricing.
Suffolk County law enforcement officers are now equipped with a tool to help people on the autism spectrum during stressful encounters.
High blood pressure, or hypertension, may increase the risk of dementia, according to a new study. Hear from a doctor for advice on lowering your risk factors.
A New York City company promoted "$0 cost" COVID tests, then got over 100 complaints after people were told they may owe hundreds.
On the eve of 4/20, Gov. Kathy Hochul unveiled a plan for law enforcement to lock up thousands of illegal marijuana shops.
Montefiore in the Bronx screened 200,000 people for social detriments of health, and found at least 20% have at least one social need.
Mary J. Blige, Cher, Foreigner, A Tribe Called Quest, Kool & The Gang, Ozzy Osbourne, Dave Matthews Band and Peter Frampton have been named to the Rock & Roll Hall of Fame.
The classic musical, which first opened in 1966, is back on Broadway in an immersive new production titled "Cabaret at the Kit Kat Club," starring Eddie Redmayne, Gayle Rankin and Bebe Neuwirth. Leave your troubles outside!
Taylor Swift's new album, "The Tortured Poets Department," was released Friday, and Swifties in New York City came together to celebrate.
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.
The singers first dated in 2003 and delighted fans when they rekindled their relationship in 2023.
Logan Webb pitched eight strong innings and extended his scoreless streak to 19 as the San Francisco Giants beat the New York Mets 5-1 on Tuesday night.
Anthony Rizzo snapped a lengthy power drought with a two-run homer that capped a four-run first inning, and the New York Yankees held on for a 4-3 win over the Oakland Athletics.
Vincent Trocheck and Mika Zibanejad each had a goal and an assist and the Presidents' Trophy-winning New York Rangers held on to beat the Washington Capitals 4-3 for a 2-0 lead in their first-round playoff series.
The New York Knicks stunned fans with a come-from-behind win over the Philadelphia 76ers at Madison Square Garden.
A Philadelphia 76ers spokesperson said the team plans to file a grievance over the officiating in the team's 104-101 loss to the New York Knicks on Monday night at Madison Square Garden.
The 12th Annual Black Comic Book Festival returns to the Schomburg Center later this week.
There are plans to turn an Inwood parking lot into new affordable apartments for the community.
From affordable housing to commercial properties, New York City developers are addressing the climate crisis in a variety of ways.
A New York City organization is taking action to clean up drug needles and syringes littering a South Bronx park.
Brooklyn Charter School in Bed-Stuy is trying to help parents with the cost of child care by expanding the school day to 12 hours.
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.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
As much of the northeast experiences heavy rains, parts of New York City are beginning to flood.
Thousands of people flooded Union Square on Friday for a PlayStation giveaway promoted by livestreamer Kai Cenat.
A crane went up in flames high above Manhattan, then partially collapsed onto the street below.
Tuesday night, the president of Columbia University sent an email saying pro-Palestinian protesters had until midnight to reach an agreement with school officials to take down their encampment on the school's campus. Dan Rice reports from Chopper 2.
CBS New York's Lonnie Quinn has your First Alert Forecast for April 23 at 11 p.m.
Looking for love online is becoming more popular, but imagine your match turns out to be a scammer based in another country. The CBS Investigates team has learned these romance scams are becoming all too common, and investigative reporter Tim McNicholas has found some people are getting hit with a one-two punch.
CBS New York's Naveen Dhaliwal spoke exclusively to the victim of a random hockey stick attack in the East Village. Police are now searching for the suspect of this unprovoked assault.
The United States Senate has passed a $95 billion bill that includes funding for Ukraine and Israel. It also passed a measure that could lead to a ban on TikTok. CBS New York's Dick Brennan reports.