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.
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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.
A woman was charged with driving without a license after NYPD says she ran over two girls and a man during a wild crash in Astoria.
Beijing fires back at Trump's latest tariffs with a matching 34% tax on all U.S. imports and tightened export controls on rare earth elements.
April is National Volunteer Month, and Community Food Bank of New Jersey needs help year round tackling hunger and food insecurity.
It's going to be a rainy weekend in the Tri-State Area.
The New York State Thruway Authority says it is owed $70 million in unpaid tolls from 2024 alone, and now they're heading to court to try to collect.
A woman was charged with driving without a license after NYPD says she ran over two girls and a man during a wild crash in Astoria.
It's going to be a rainy weekend in the Tri-State Area.
The New York State Thruway Authority says it is owed $70 million in unpaid tolls from 2024 alone, and now they're heading to court to try to collect.
Multiple pedestrians were struck by drivers in two separate incidents in Queens on Thursday.
Fewer than 80 triple organ transplants have been attempted in the United States, and for the first time, the rare procedure was successfully performed on Long Island.
It's going to be a rainy weekend in the Tri-State Area.
New photos show a first look inside the Waterbury, Connecticut home where a man claims his stepmother held him captive for two decades.
Monday's powerful storm triggered a severe thunderstorm warning and tornado warning for parts of New Jersey.
A man who told police his stepmother held him captive in their Waterbury home for two decades asked why she is not in jail while awaiting trial, a state prosecutor says.
A weekend filled with roller coaster temperatures and elevated pollen levels is here in the Tri-State Area.
April is National Volunteer Month, and Community Food Bank of New Jersey needs help year round tackling hunger and food insecurity.
It's going to be a rainy weekend in the Tri-State Area.
The 14-year-old accused of killing a Newark Police sergeant in March will be tried as an adult, federal prosecutors say.
A New Jersey business is helping people with autism find meaningful employment when they often struggle to find work.
The mayor of Middletown, N.J. announced a proposal that would keep schools open an prevent cuts to on-site school safety officers.
It's going to be a rainy weekend in the Tri-State Area.
The New York State Thruway Authority says it is owed $70 million in unpaid tolls from 2024 alone, and now they're heading to court to try to collect.
Fewer than 80 triple organ transplants have been attempted in the United States, and for the first time, the rare procedure was successfully performed on Long Island.
In just about a month, Americans will need a Real ID to go through airport security, or enter most federal buildings, and the final warnings to be ready are increasing.
There's an official finding in the deadly fire at Happy Cat Sanctuary on Long Island, but it leaves many questions unanswered.
A judge in Rhode Island on Thursday blocked $11 billion in public health funding while a lawsuit from 23 states and D.C. plays out.
New York City Mayor Eric Adams will skip the Democratic primary and run for reelection as an independent, he announced Thursday.
President Trump announced new reciprocal tariffs on Wednesday, which he dubbed "Liberation Day."
Amazon has expressed interest in buying TikTok ahead of deadline for ByteDance to sell the social media app or face a U.S. ban.
New York City Mayor Eric Adams' federal corruption case was dropped Wednesday, as Judge Dale Ho ruled it should be dismissed with prejudice.
Fewer than 80 triple organ transplants have been attempted in the United States, and for the first time, the rare procedure was successfully performed on Long Island.
New York issued a travel advisory as measles cases in the U.S. and around the world are rising.
The Ulster County clerk refused to file a $113,000 fine from Texas against a doctor accused of prescribing abortion pills to a woman near Dallas.
In NYC and beyond, the spring 2025 allergy season is striking earlier -- and sticking around longer -- than usual this year.
Sleep apnea screenings will be free for New Yorkers under a new law passed at City Hall on Wednesday.
Bruce Springsteen announced "Tracks II: The Lost Albums" will feature seven full-length albums that were never released from 1983-2018.
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Nintendo has announced a June 5 launch date for its latest gaming console, the Switch 2.
A unique talent, Val Kilmer was praised as an acting chameleon who took on varied and challenging roles, and the results were often memorable.
Monday is opening night on Broadway for the star-studded revival of the modern classic "Glengarry Glen Ross."
Aaron Judge led the Yankees over the Diamondbacks 9-7 Thursday night.
Anthony Edwards finished with 28 points to lead the Timberwolves past the Nets 105-90 on Thursday for their fourth straight win.
Costa Rica authorities confirmed that carbon monoxide poisoning was the cause of death of Miller Gardner, the 14-year-old son of former New York Yankees outfielder Brett Gardner.
Vincent Trocheck scored at 24 seconds of overtime to give the Rangers a 5-4 victory over the Wild on Wednesday night.
Zac Gallen tied his career high with 13 strikeouts while extending his scoreless streak over the Yankees to 18 2/3 innings.
Tenants at NYCHA's Borinquen Plaza Houses in Brooklyn say they're plagued by constant elevator outages and malfunctions.
Several Bronx residents are claiming they haven't been able to take a hot bath or shower for months, due to extremely low water pressure or no water at all.
New York City is preparing to roll out an unconventional strategy for tackling its rodent problem: rat birth control.
As Gov. Kathy Hochul pushes for a "bell-to-bell" ban on cellphones inside classrooms, two schools in the Bronx got ahead of the curve and are seeing benefits.
Coney Island's amusements are set to open Saturday as the Brooklyn Borough President weighs in on a casino proposal.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Tens of thousands of people flooded Manhattan streets on June 2, 2024 for the 60th annual Israel Day on Fifth Parade.
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."
The new tariffs announced by President Trump prompted major sell-offs in U.S. and Asian markets. CBS News New York's Jarred Hill reports.
Two girls, ages 7 and 14, and a man were injured in the crash in Queens, according to NYPD. CBS News New York's Elijah Westbrook reports.
Tony Sadiku has the Tri-State Area's updated Friday morning forecast on CBS News New York.
CBS News New York proudly partners with Community Food Bank of New Jersey throughout the year to help tackle hunger and food insecurity around the Garden State.
CBS News New York's Rob Marciano has your First Alert Forecast for April 3 at 11 p.m.
