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.
A New York Supreme Court judge has struck down Nassau County Executive Bruce Blakeman's executive order banning transgender athletes from playing women's and girl's sports at county-owned facilities.
Michael Cohen's testimony in former President Donald Trump's criminal trial in New York suggests the prosecution is reaching the home stretch of its case.
The River Garden in West Farms is a place that nurtures home-grown opportunities and curiosity.
The U.S. Coast Guard is trying to find the source of a mysterious oily sheen reported on the waters of Long Island Sound.
Leonette Belfield-Carson, whose daughter Jalissa Nadine Carson died of cancer, is now an advocate for other moms with children battling cancer.
The River Garden in West Farms is a place that nurtures home-grown opportunities and curiosity.
The U.S. Coast Guard is trying to find the source of a mysterious oily sheen reported on the waters of Long Island Sound.
Leonette Belfield-Carson, whose daughter Jalissa Nadine Carson died of cancer, is now an advocate for other moms with children battling cancer.
A 15-year-old girl was arraigned Friday in the deadly stabbing of a 17-year-old girl in Queens.
New York's Office of Cannabis Management is being overhauled after a review ordered by Gov. Kathy Hochul found the state's rollout of legalized recreational marijuana has been a failure.
A rare geomagnetic storm Friday could trigger a northern lights show just outside of the New York City area.
It will be cool with rain around the area in the morning. Rain and drizzle will linger during the remainder of the day.
Accompanying cooler temperatures will be multiple chances of rain through Sunday.
Traffic was flowing on I-95 in Norwalk Monday after being shut down in both directions due to a fiery tractor-trailer crash last week.
I-95 fully reopened in both directions Sunday in Norwalk, Connecticut, days after a tanker truck caught fire and badly damaged a bridge.
A new report from New Jersey's Department of Health shows lead levels in children are dropping but not gone.
A rare geomagnetic storm Friday could trigger a northern lights show just outside of the New York City area.
It will be cool with rain around the area in the morning. Rain and drizzle will linger during the remainder of the day.
Accompanying cooler temperatures will be multiple chances of rain through Sunday.
A New Jersey fire chief who allegedly dumped a bucket of rocks, mud and gravel onto a rare 1995 Nissan Nismo 270R has been criminally charged.
A New York Supreme Court judge has struck down Nassau County Executive Bruce Blakeman's executive order banning transgender athletes from playing women's and girl's sports at county-owned facilities.
The U.S. Coast Guard is trying to find the source of a mysterious oily sheen reported on the waters of Long Island Sound.
A rare geomagnetic storm Friday could trigger a northern lights show just outside of the New York City area.
A plastic surgeon from Long Island recently returned from a medical mission in Gaza and says the experience changed him forever.
It will be cool with rain around the area in the morning. Rain and drizzle will linger during the remainder of the day.
A New York Supreme Court judge has struck down Nassau County Executive Bruce Blakeman's executive order banning transgender athletes from playing women's and girl's sports at county-owned facilities.
Michael Cohen's testimony in former President Donald Trump's criminal trial in New York suggests the prosecution is reaching the home stretch of its case.
The highly anticipated State Department report doesn't formally conclude Israel is in violation of U.S. or international law.
The bill stalled earlier this week after senators from Virginia and Maryland objected to a provision that would allow an additional 10 flights a day to and from Ronald Reagan Washington National Airport.
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.
Leonette Belfield-Carson, whose daughter Jalissa Nadine Carson died of cancer, is now an advocate for other moms with children battling cancer.
A new report from New Jersey's Department of Health shows lead levels in children are dropping but not gone.
Kyle McMorrow was just 36 years old when he suffered a stroke last year. He woke up with neck pain one day, not realizing what was happening.
Panera is phasing out a highly caffeinated selection of lemonade beverages that's at the center of several lawsuits.
Hormel Foods says potentially contaminated products were shipped to Publix and Dollar Tree distribution warehouses.
UmaSofia Srivastava resigned as Miss Teen USA on Wednesday, just two days after Noelia Voigt stepped down as Miss USA.
Livestreamer Kai Cenat will not be prosecuted in connection to the riot that broke out after he promoted a meet-and-greet and giveaway in Union Square last year.
The 2024 Met Gala saw hundreds of celebrities looking their best on fashion's biggest night.
The stars came out for the the 2024 Met Gala in New York City. See some of the most eye-catching outfits of the night.
'Bob Hearts Abishola', the acclaimed comedy, is signing off after its fifth season on CBS.
A New York Supreme Court judge has struck down Nassau County Executive Bruce Blakeman's executive order banning transgender athletes from playing women's and girl's sports at county-owned facilities.
Artemi Panarin redirected a pass between his legs at the crease to beat Pyotr Kotchetkov just 1:43 into overtime and the New York Rangers beat the Carolina Hurricanes 3-2 on Thursday night to take a 3-0 lead in the second-round playoff series.
Yordan Alvarez and Jon Singleton each hit long homers in the first inning for the Houston Astros who beat the New York Yankees 4-3 to avoid being swept in the season series.
StubHub says the Knicks and Rangers are headlining the best-selling series in the NBA and NHL Playoff second rounds.
Jalen Brunson returned from a right foot injury to score 24 of his 29 points in the second half, leading the New York Knicks to a 130-121 victory over the Indiana Pacers for a 2-0 lead in the Eastern Conference semifinals.
The River Garden in West Farms is a place that nurtures home-grown opportunities and curiosity.
Leonette Belfield-Carson, whose daughter Jalissa Nadine Carson died of cancer, is now an advocate for other moms with children battling cancer.
A new piece of legislation passed in the New York State Budget clarifies the distinction between squatters and tenants.
Walks in the park just got a lot brighter thanks to Harlem Sculpture Gardens, the largest outdoor public art exhibit ever in the neighborhood.
Riverdale resident Leo Shliselberg says despite the hardships he's experienced in life, the best medicine is laughter.
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 Nassau County Supreme Court has struck down County Executive Bruce Blakeman's executive order banning transgender athletes from playing women's and girl's sports at county-owned facilities.
An 11-year-old girl is recovering after being attacked and slashed in East Harlem on Friday. The suspect reportedly tried to get away by running into the subway, but an MTA employee and other good Samaritans stopped him. He was arrested at the scene.
How cows are helping farmers bring in extra bacon; why it's important to recognize the mental changes of those entering their golden years; teen honors her sister by urging other young people to get their hearts checked, and observing Skin Cancer Awareness Month this May.
Leo is a service dog in training to empower people with disabilities. The remarkable pooch has been a part of a Long Island middle school for more than a year, but it's now time to say goodbye as he enters the next phase of his canine companion life. CBS New York's Jennifer McLogan reports.
A scathing new report calls New York's legal cannabis rollout a failure, saying inexperienced leadership and a lack of transparency has allowed an illegal market to flourish. CBS New York's Ali Bauman has more on the business owners who are caught in the middle and losing money fast.