Madoff's Former Secretary Seeks Early Prison Release
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.
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.
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.
The verdicts came Monday in a Manhattan trial that lasted nearly six months. The federal court trial was the first to result from the multi-decade fraud that landed Madoff in prison for 150 years.
The jury has the monumental task of sorting through five months of testimony to determine whether the ex-Madoff employees knew that their jobs involved perpetuating a massive Ponzi scheme.
prosecutor John Zach told jurors Tuesday that Madoff depended on his former secretary, his former head of operations, an account manager and two computer programmers to keep his fraud alive for four decades.
Convicted swindler Bernie Madoff's secretary took the stand nearly five years after her former boss went to prison.
Daniel Bonventre has pleaded not guilty to fraud charges. Authorities say he cooked the books to throw off regulators.
Bernard Madoff placed no premium on further education for the employees he hired right out of high school -- the less they knew, the better -- the Ponzi schemer's longtime lieutenant testified Monday.
The cross-examination of the government's star witness in the trial of five of Bernard Madoff's former empoyees has given the jury new insight into the way disgrace financier ran his massive Ponzi scheme.
Frank DiPascali testified that his boss would "razzle dazzle" auditors by using computer programs specially designed to make it appear that fake investments were real.
Bernard Madoff's former right-hand man is about to take center stage at the trial of five former co-workers. Prosecutors plan to call Frank DiPascali to the witness stand this week in federal court in Manhattan.
Enrica Cotellessa-Pitz, who worked for Madoff for three decades, is testifying against five former colleagues in exchange for leniency.
The trial against five of Bernard Madoff's former employees continued Wednesday with testimony from consultants who investigated the firm following Madoff's arrest.
The trial follows the 2008 collapse of Madoff's private investment business, which cost clients nearly $20 billion. A court-appointed trustee has recovered much of the money by forcing those customers who received big payouts from Madoff to return the funds.
Five former employees of imprisoned Ponzi scheme operator Bernard Madoff were introduced to 200 prospective jurors Tuesday, as jury selection began in their fraud trial.
Bernard Madoff's former secretary has made bail and will await her New York trial while on house arrest.
U.S. District Judge Laura Taylor Swain rejected the arguments by lawyers for 62-year-old Annette Bongiorno that her husband should be allowed to post money from his bank accounts to support a bail package.
Federal Judge Laura Taylor Swain noted that Annette Bongiorno concedes she has $2.4 million. Prosecutors say Madoff's 62-year-old longtime secretary likely has stashed away millions more.
The lawsuit was filed in the U.S. Bankruptcy Court for the Southern District of New York.
Picard said his firm is seeking about $69 million in funds deposited by the company's customers and stolen in the 72-year-old's vast Ponzi scheme.
The lawsuit alleges 23 counts of financial fraud and misconduct. It seeks to recover at least $2 billion to be distributed to Madoff victims.
Bongiorno and another former Madoff aide were arrested last week on conspiracy, securities fraud and other charges arising from the multibillion-dollar Ponzi scheme. They could each face decades in prison if convicted.
A half dozen employees have been charged since FBI agents showed up at Madoff's penthouse apartment in Manhattan on Dec. 11, 2008.
Two longtime back office employees of Bernard Madoff were arrested Thursday on charges that they helped the disgraced financier dupe investors for decades by making fictitious investments.
Federal prosecutors in New York are seeking over $5 million in assets belonging to a former office supervisor for jailed financier Bernard Madoff.
Aaron Judge hit a two-run homer in the first inning after Oakland starting pitcher Joe Boyle was called for a balk on the previous pitch and the New York Yankees beat the Athletics 7-3.
Former MIT researcher Qinxuan Pan has been sentenced to 35 years in prison in the 2021 murder of Yale graduate student Kevin Jiang.
Two NYPD officers are accused of sexually assaulting a woman while they were off-duty in 2023.
Francisco Lindor hit a pair of two-run homers and the New York Mets avoided a three-game series sweep with an 8-2 win over the San Francisco Giants.
The family of the man who was killed when a New York City parking garage collapsed in 2023 has filed a lawsuit against the building's owners.
Two NYPD officers are accused of sexually assaulting a woman while they were off-duty in 2023.
The family of the man who was killed when a New York City parking garage collapsed in 2023 has filed a lawsuit against the building's owners.
Gov. Hochul secures funding for New Yorkers struggling with mental illness and involved in the criminal justice system.
More young people are learning how to make ghost guns online after watching videos about subjects like video games, Manhattan DA Alvin Bragg said.
Mayor Eric Adams announced New York City's executive budget for the next fiscal year on Wednesday.
Former MIT researcher Qinxuan Pan has been sentenced to 35 years in prison in the 2021 murder of Yale graduate student Kevin Jiang.
Two heroic men saved a little girl that was running into into a busy intersection in East Hartford, Connecticut.
Expect to see a passing shower this afternoon, with a rumble here and there. Temperatures will be in the upper 60s to around 70 degrees.
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?
A New Jersey woman has received a first-of-its-kind transplant using a modified pig kidney along with a heart pump.
The city of Passaic, New Jersey is receiving over $1.5 million in federal funds for flash flood remediation.
Expect to see a passing shower this afternoon, with a rumble here and there. Temperatures will be in the upper 60s to around 70 degrees.
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?
Gov. Hochul secures funding for New Yorkers struggling with mental illness and involved in the criminal justice system.
Authorities with several law enforcement agencies searched an area in Manorville Wednesday for evidence in the Gilgo Beach murders case.
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.
Gov. Hochul secures funding for New Yorkers struggling with mental illness and involved in the criminal justice system.
Mayor Eric Adams announced New York City's executive budget for the next fiscal year on Wednesday.
House Speaker Mike Johnson was met with loud boos as he visited Columbia University, where he joined calls for the president's resignation amid pro-Palestinian protests.
The New Jersey Democrat suffered "a cardiac episode based on complications from his diabetes" earlier this month, his office said.
Columbia University has given students until Friday morning to reach an agreement to dismantle their pro-Palestinian protest on the school's main lawn.
A New Jersey woman has received a first-of-its-kind transplant using a modified pig kidney along with a heart pump.
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.
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.
Aaron Judge hit a two-run homer in the first inning after Oakland starting pitcher Joe Boyle was called for a balk on the previous pitch and the New York Yankees beat the Athletics 7-3.
Francisco Lindor hit a pair of two-run homers and the New York Mets avoided a three-game series sweep with an 8-2 win over the San Francisco Giants.
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.
Some Queens residents are fuming over cars parking on beloved greenway.
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.
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.
CBS New York's Lonnie Quinn has your First Alert Forecast for April 24 at 11 p.m.
Mayor Eric Adams announced the city's executive budget for the next fiscal year on Wednesday, and cuts to the city's public library system remain in place. CBS New York's Lori Bordonaro explains how the loss of tens of millions will impact New Yorkers.
Wednesday was the Third Annual Sikh Officers Association celebration of Vaisakhi. The holiday is one of the holiest days of the year for Sikhs.
Investigators combed a wooded area in Manorville on Wednesday in a search related to the Gilgo Beach investigation. It's not clear what prompted the search, but it's the same location where the remains of two murder victims were found more than 20 years ago. CBS New York's Alecia Reid reports.
A new Quinnipiac poll shows Americans are divided on sending more military aid to Israel. Forty-six percent of voters say they're in support while 44% oppose sending more aid. It comes as Pope Francis speaks exclusively to CBS News about the Israel-Hamas war. CBS New York's Dick Brennan reports.