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.
Rep. Donald Payne Jr. was remembered as "a true hero to the people of New Jersey" at his funeral Thursday in Newark.
NYU has issued threats of suspension, but a pro-Palestinian encampment remains in place.
The recalled beef came from Cargill Meat Solutions in the form of burger patties and ground chuck.
President Biden said "no," the National Guard should not intervene in the protests.
Isis Navarro Reyes, of New York, allegedly posted TikTok videos marketing weight loss drugs that appeared to be Ozempic, Mesofrance and Axcion.
NYU has issued threats of suspension, but a pro-Palestinian encampment remains in place.
A fire that started in a Bushwick, Brooklyn supermarket quickly spread to multiple residential homes Wednesday evening.
Mayor Eric Adams and other New York City officials have blamed "outside agitators" for escalating pro-Palestinian protests at Columbia University and influencing students. CBS New York investigative reporter Tim McNicholas has been asking the city for specifics on what that means.
CBS New York's Elle McLogan spoke with 90-year-old Sylvia Hack about her decades of service to her neighborhood.
Pro-Palestinian protests continued across New York City on Wednesday with demonstrations at Columbia University, Fordham University's Lincoln Center campus and Foley Square.
Interstate 95 in Norwalk, Connecticut is closed in both directions after a fuel truck crashed and burst into flames.
We're in for a taste of summer this afternoon, with highs in the mid-to-upper 80s inland. We're also tracking some isolated thunderstorms.
Temperatures will be off to the races on Sunday, but there is a chance of scattered thunderstorms in the evening.
CBS New York's Vanessa Murdock looks back at historic tornado outbreaks, which highlight the fact that we don't have to be in the thick of severe weather season to witness a touchdown.
Former MIT researcher Qinxuan Pan has been sentenced to 35 years in prison in the 2021 murder of Yale graduate student Kevin Jiang.
Rep. Donald Payne Jr. was remembered as "a true hero to the people of New Jersey" at his funeral Thursday in Newark.
The Antisemitism Awareness Act is designed to make it easier for concerned students to file civil rights complaints
A 2.6 magnitude earthquake was measured Wednesday morning in Gladstone, New Jersey. It was the second there in less than a week.
Video released by New Jersey Transit police shows officers rescuing a 3-year-old who was choking on a bus in Trenton, New Jersey.
Rockaway Beach and Coney Island make Travel + Leisure's "25 Best Beaches in the USA" list.
Isis Navarro Reyes, of New York, allegedly posted TikTok videos marketing weight loss drugs that appeared to be Ozempic, Mesofrance and Axcion.
The suspect in a Long Island car crash that killed one man and three children in August 2023 has agreed to a plea deal.
The Antisemitism Awareness Act is designed to make it easier for concerned students to file civil rights complaints
To counter congestion pricing, a 10% discount has been approved for LIRR, Metro-North riders who buy monthly passes.
Gruesome allegations say the suspects smashed one victim's head with a meat tenderizer, then stabbed the other and used the knife to chop up their bodies.
Rep. Donald Payne Jr. was remembered as "a true hero to the people of New Jersey" at his funeral Thursday in Newark.
NYU has issued threats of suspension, but a pro-Palestinian encampment remains in place.
President Biden said "no," the National Guard should not intervene in the protests.
Several New York Democrats acknowledged that Republicans are more aggressively counterpunching on the issue of abortion in the 2024 election cycle.
Keith Davidson, a Los Angeles-based lawyer, told jurors about how he represented Stormy Daniels in talks with Michael Cohen.
Dutch medical device maker Philips says it's reached a $1.1 billion deal in the United States to settle lawsuits over faulty sleep machines in a case that's rocked the company.
Vicky Dennis went to the hospital with strange symptoms when she had COVID. Doctors found she had two undiagnosed, life-threatening diseases and needed a liver transplant to survive.
Joel Embiid has been experiencing Bell's palsy symptoms, he said after Philadelphia's 125-114 win over the New York Knicks.
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.
Prosecutors asked for a September retrial for Harvey Weinstein.
See who's nominated for the 77th annual Tony Awards. The Tonys will air live on CBS and Paramount+ on Sunday, June 16.
Paramount said long-time CEO Bob Bakish will leave the company, which is in discussions to explore a sale or merger.
Actor Lillo Brancato says problems with drugs led to him going from Hollywood up and comer to behind bars.
Lawyers for Sean "Diddy" Combs are asking a New York court to throw out portions of a sexual assault lawsuit filed against the rapper and media mogul.
Shota Imanaga continued the historic start to his big league career, throwing seven innings to lead the Chicago Cubs to a 1-0 win over the New York Mets.
Luis Gil outdueled Corbin Burnes, Oswaldo Cabrera hit a two-run homer in the fifth inning and the New York Yankees topped the Baltimore Orioles 2-0.
Tyrese Maxey saved Philadelphia from elimination with seven points in the final 25 seconds of regulation, finished with 46 and led the 76ers to a 112-106 overtime victory over the New York Knicks in Game 5 of their first-round series.
Jack Drury scored the go-ahead goal early in the third period and Stefan Noesen cleaned up a fluky puck bounce off the boards for another 8 seconds later as the Carolina Hurricanes beat the New York Islanders 6-3 on Tuesday night.
Dean Kremer pitched seven innings of two-run ball, Adley Rutschman extended his hitting streak to a career-best 11 games and the Baltimore Orioles defeated the New York Yankees 4-2 on Tuesday night.
CBS New York's Elle McLogan spoke with 90-year-old Sylvia Hack about her decades of service to her neighborhood.
Three middle school girls are co-champions after winning the Under 14 division at the National Girls Chess Championship.
For years, the waters of the Bronx River have been used as a wasteland for people who might not understand its importance.
Lawmakers want New York City to reinstate a ferry route that would connect Staten Island to Brooklyn.
The NYPD promoted 177 officers in a ceremony Friday, including two officers whose fathers were also in the NYPD and were shot in the line of duty.
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.
The school announced on Thursday that some final exams were postponed and others were moved to alternate locations due to fears of the demonstrations escalating. CBS New York's Nick Caloway reports.
Ahead of testimony in former President Donald Trump's trial Thursday, there was a hearing over more possible gag order violations, but a judge didn't hand down a decision. CBS New York's Alice Gainer has been covering the trial and has more on Thursday's testimony.
Chopper 2's Dan Rice was over the scene hours after a truck fire caused the shutdown of I-95 in Norwalk, Conn. The highway may take several days to fully reopen.
Author Torrey Maldonado joins CBS New York to discuss his book "Hands." The Brooklyn-based teacher says throughout his career he's noticed "a lot of young people going through heavy issues," so he wanted to make a book to help them feel light.
The six-term Democratic congressman was hailed for having a long history of serving the community.