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.
It's time to vote on which book to read next: "Missing White Woman" by Kellye Garrett, "Days of Wonder" by Caroline Leavitt, or "Honey" by Victor Lodato.
Donte DiVincenzo's 3-pointer with 13 seconds left lifted the Knicks to a 104-101 win over 76ers on Monday.
Carolina scored 9 seconds apart in a 4-goal third period in a 5-3 victory over the Islanders in Game 2
Carlos Rodon pitched 7 stellar innings, but the Yankees still lost to the Athletics 2-0 on Monday.
The MTA's own assessment says there will be an uptick in pollutants in Bergen County, Bronx and Staten Island due to congestion pricing.
The MTA's own assessment says there will be an uptick in pollutants in Bergen County, Bronx and Staten Island due to congestion pricing.
From affordable housing to commercial properties, New York City developers are addressing the climate crisis in a variety of ways.
The NYPD made several arrests at a pro-Palestinian protest outside NYU's Stern School of Business in Gould Plaza.
Poor planning, low staffing and miscommunication plagued New York City's response to Tropical Storm Ophelia in 2023, according to the report.
The DOJ is threatening to sue the NYPD if the practice of parking on sidewalks and crosswalks continues.
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.
Sunday will be the cooler half of the weekend, with more clouds over the Tri-State Area.
As morning rain showers exit Long Island, it sets up a much drier afternoon and a nice spring day overall!
The remains of a World War II airman from Connecticut who was killed in 1944 are finally coming home after they were found at a cemetery in France.
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.
The New York Jets reportedly traded quarterback Zach Wilson and a seventh-round draft pick to the Denver Broncos.
A chilly morning will give way to sunshine and mild temperatures by the afternoon. Expect highs in the low 60s.
Sunday will be the cooler half of the weekend, with more clouds over the Tri-State Area.
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.
Sunday will be the cooler half of the weekend, with more clouds over the Tri-State Area.
As morning rain showers exit Long Island, it sets up a much drier afternoon and a nice spring day overall!
A New York City company promoted "$0 cost" COVID tests, then got over 100 complaints after people were told they may owe hundreds.
The Nassau Community College campus in Uniondale is suddenly without any cafeteria, cafe or snack bar, leaving vending machines as the only option for 12,000 students.
The MTA's own assessment says there will be an uptick in pollutants in Bergen County, Bronx and Staten Island due to congestion pricing.
The NYPD made several arrests at a pro-Palestinian protest outside NYU's Stern School of Business in Gould Plaza.
Poor planning, low staffing and miscommunication plagued New York City's response to Tropical Storm Ophelia in 2023, according to the report.
The DOJ is threatening to sue the NYPD if the practice of parking on sidewalks and crosswalks continues.
Protests over the Israel-Hamas war continue on Columbia University's campus, as Jewish students report feeling unsafe.
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.
Health officials are warning consumers not to consume Infinite Herbs basil sold at some Trader Joe's and Dierberg's stores after 12 people were sickened.
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.
Donte DiVincenzo's 3-pointer with 13 seconds left lifted the Knicks to a 104-101 win over 76ers on Monday.
Carolina scored 9 seconds apart in a 4-goal third period in a 5-3 victory over the Islanders in Game 2
Carlos Rodon pitched 7 stellar innings, but the Yankees still lost to the Athletics 2-0 on Monday.
The New York Jets reportedly traded quarterback Zach Wilson and a seventh-round draft pick to the Denver Broncos.
Brooklyn's new bench boss Jordi Fernandez spent the last two seasons as associate head coach of the Kings.
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.
Residents in Southern Brooklyn are concerned over MTA's proposed changes as part of the Brooklyn Bus Network Redesign.
Buzunesh Deba, who lives in the Bronx, became the default winner of the 2014 Boston Marathon in 2016 when the first-place winner was disqualified for doping, but she says she has not yet received her prize money.
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.
Will it be "Missing White Woman" by Kellye Garrett, "Days of Wonder" by Caroline Leavitt, or "Honey" by Victor Lodato?
CBS New York's First Alert Weather team has the latest weather forecast.
The former president is accused of falsifying business records to cover up alleged "hush money" payments, including to adult film star Stormy Daniels. CBS New York's Elijah Westbrook has a closer look at the case.
Several protesters were arrested when the NYPD broke up a pro-Palestinian protest Monday outside New York University. CBS New York's Christina Fan has the latest from campus in Lower Manhattan.
It has been six days of demonstrations at Columbia University and on Monday the same message spread to other schools around the country, including at NYU. CBS New York's Jenna DeAngelis reports.