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.
The MTA announced the Federal Highway Administration has given congestion pricing the green light, clearing the way for it to start on Jan. 5, 2025.
The New York Giants are releasing quarterback Daniel Jones days after announcing Tommy DeVito will take over as the team's starter, owner John Mara says.
After a long period of drought and fire hazards, we're getting an early taste of winter. New York, New Jersey and Connecticut have been desperate for rain.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
Ramon Rivera, the man accused of killing three people in a stabbing rampage in New York City, is not appearing in court Friday because of a mental health evaluation.
The MTA announced the Federal Highway Administration has given congestion pricing the green light, clearing the way for it to start on Jan. 5, 2025.
After a long period of drought and fire hazards, we're getting an early taste of winter. New York, New Jersey and Connecticut have been desperate for rain.
Ramon Rivera, the man accused of killing three people in a stabbing rampage in New York City, is not appearing in court Friday because of a mental health evaluation.
A Red Alert is in effect this morning as snow triggers winter weather alerts in the Tri-State Area.
CBS News New York's Dick Brennan went to JFK, LaGuardia and Newark Airport to find out, is air travel really getting worse?
The MTA announced the Federal Highway Administration has given congestion pricing the green light, clearing the way for it to start on Jan. 5, 2025.
After a long period of drought and fire hazards, we're getting an early taste of winter. New York, New Jersey and Connecticut have been desperate for rain.
A Red Alert is in effect this morning as snow triggers winter weather alerts in the Tri-State Area.
Jodi Rell, who became Connecticut's second female governor when John Rowland resigned in a corruption scandal, has died at 78.
The weather is shifting and bringing much-needed rain to the Tri-State Area. There may even be snow in parts of New York.
The MTA announced the Federal Highway Administration has given congestion pricing the green light, clearing the way for it to start on Jan. 5, 2025.
After a long period of drought and fire hazards, we're getting an early taste of winter. New York, New Jersey and Connecticut have been desperate for rain.
A Red Alert is in effect this morning as snow triggers winter weather alerts in the Tri-State Area.
CBS News New York's Dick Brennan went to JFK, LaGuardia and Newark Airport to find out, is air travel really getting worse?
A Woodbridge, New Jersey homeowner was arrested Thursday after investigators say he started a fire that damaged six homes, including his own.
The MTA announced the Federal Highway Administration has given congestion pricing the green light, clearing the way for it to start on Jan. 5, 2025.
After a long period of drought and fire hazards, we're getting an early taste of winter. New York, New Jersey and Connecticut have been desperate for rain.
A Red Alert is in effect this morning as snow triggers winter weather alerts in the Tri-State Area.
A plan to regionalize some New York public school services has set off alarm bells among Long Island parents and educators.
The iconic Stella Ristorante in Floral Park, Long Island will close on Dec. 31 after 64 years in business.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
The suit claims McMahon and others at the WWE were aware of misconduct decades ago and negligent in failing to prevent it.
A plan to regionalize some New York public school services has set off alarm bells among Long Island parents and educators.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
The packaging label omitted a key ingredient, prompting a Food and Drug Administration recall.
The manufacturer of tumblers sold at Wawa stores says it has received four reports of cuts from the product's metal drinking straws.
Decision to cut topping comes as officials work to confirm source of E. coli outbreak linked to McDonald's Quarter Pounders.
Gov. Kathy Hochul on Tuesday announced a $150 million investment in a new state-of-the-art cell and gene therapy hub to be built on Long Island.
Chris Stapleton took home four Country Music Association Awards and hardly left the stage on Wednesday night, while an absent Morgan Wallen won the night's biggest prize, entertainer of the year.
The leader of a New York City church where pop star Sabrina Carpenter filmed scenes for a music video has been stripped of his duties.
Sean "Diddy" Combs has tried to reach out to prospective witnesses and sway public opinion from jail in NYC to influence potential jurors in his sex trafficking trial, prosecutors say.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Six Flags announced it shut down the Kingda Ka and Green Lantern roller coasters to make way for two new rides including The Flash coaster.
The New York Giants are releasing quarterback Daniel Jones days after announcing Tommy DeVito will take over as the team's starter, owner John Mara says.
Connor Zary scored midway through the third period to give the Calgary Flames a win over the New York Rangers on Thursday night.
Lucas Raymond scored with 51 seconds remaining and the Detroit Red Wings beat the New York Islanders on Thursday night.
The New Jersey Devils downed the Carolina Hurricanes on Thursday night.
Yankees outfielder Aaron Judge was a unanimous pick to win his second American League Most Valuable Player Award in three seasons on Thursday.
Thursday marks exactly 60 years since the Verrazzano-Narrows Bridge opened to much fanfare.
Nov. 29 is the last day for New York City restaurants to remove roadway dining sheds, which will now be seasonal under new regulations set by the City Council.
A new state-of-the-art trash system in NYCHA's Polo Grounds Towers in Harlem promises to tackle energy, rodent and recycling issues.
Families in Central Harlem will soon settle into their new homes at Marcus Garvey Village, which also brings free gathering spaces to the community and an LGBTQ center.
The Hispanic Society's new exhibit traces how different cultures influenced the women of Spain as they found their own voices throughout history.
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."
MTA Chair Janno Lieber spoke out after the Federal Highway Administration gave the green light to congestion pricing, setting the stage for it to start on Jan. 5.
The MTA announced the Federal Highway Administration has given congestion pricing the green light, clearing the way for it to start on Jan. 5.
The first major snowstorm of the season is making its presence felt across the region, bringing heavy snow, power outages and school closures. Hundreds were left without power, including a community already reeling from weeks of wildfires. CBS News New York's Natalie Duddridge reports.
Tony Sadiku has the Tri-State Area's updated Friday afternoon forecast on CBS News New York.
President-elect Donald Trump's sentencing in his criminal "hush money" trial has been postponed. CBS News New York's Tim McNicholas reports.
