Former Madoff Deputy Testifies On 5th Anniversary Of Ponzi Schemer's Arrest
New York financier Bernard Madoff's former right-hand man summed up his boss' arrest exactly five years ago with two words: "Madoff Implodes.''
New York financier Bernard Madoff's former right-hand man summed up his boss' arrest exactly five years ago with two words: "Madoff Implodes.''
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 home that belonged to Bernie Madoff's brother, Peter, is on the market after being seized by the U.S. Marshals Service.
The 1935 mansion has five bedrooms, five bathrooms, a tennis court, swimming pool and pool house.
The prison-bound brother of convicted Ponzi scheme operator Bernie Madoff attended his granddaughter's bat mitzvah in a space described as "posh" this weekend, after a judge delayed his lockup date for the occasion.
One month before beginning his 10-year presence sentence, Peter Madoff – the brother of convicted Ponzi scheme operator Bernie Madoff – has sold his posh Park Avenue home, according to a published report.
Peter Madoff maintained that he never knew his brother was orchestrating the largest Ponzi scheme in history, but victims speaking out in court Thursday – and even the judge herself -- don't believe him.
Peter Madoff, the younger brother of convicted Ponzi schemer Bernie Madoff, pleaded guilty Friday to charges he doctored documents that helped conceal a fraud that wiped out thousands of investors.
Peter Madoff, the former chief compliance officer at the private investment arm of Bernard Madoff's business, has agreed to serve a decade in prison, they said.
Peter Madoff is selling off a 14-room home in Old Westbury as he faces a lawsuit by the trustee reclaiming funds for investors in his brother's Ponzi scheme.
Luigi Mangione is due in a New York courtroom to face state charges in the murder of UnitedHealthcare CEO Brian Thompson.
A report by the House Ethics Committee found former Rep. Matt Gaetz paid multiple women, including a 17-year-old girl, for sex.
Honda and Nissan have announced plans to merge, forming world's third-largest automaker by sales as the industry transitions away from fossil fuels.
Funding for the World Trade Center Health Program past 2027 was excluded from the federal budget on Friday as Congress scrambled to avert a government shutdown.
Matthew Stafford threw an 11-yard touchdown pass to Tyler Higbee early in the fourth quarter and the Rams beat the Jets 19-9 on Sunday.
Luigi Mangione is due in a New York courtroom to face state charges in the murder of UnitedHealthcare CEO Brian Thompson.
Funding for the World Trade Center Health Program past 2027 was excluded from the federal budget on Friday as Congress scrambled to avert a government shutdown.
A woman died after she was set on fire aboard the New York City subway on an F train in Brooklyn, police say.
Don't let the sunny skies fool you as dangerously cold weather settles into New York, New Jersey and Connecticut.
Expect jam-packed airports and highways in the New York City area as the holiday travel season kicks into high gear.
Don't let the sunny skies fool you as dangerously cold weather settles into New York, New Jersey and Connecticut.
Expect jam-packed airports and highways in the New York City area as the holiday travel season kicks into high gear.
New York City congestion pricing is facing a last-ditch effort in federal court to delay the Jan. 5 implementation new tolls in Manhattan.
Snow and frigid temperatures set in across the Tri-State Area on Saturday, the first day of winter.
With the first day of winter quickly approaching, it's time to take a look at what's in store, and how La Niña may factor in.
Funding for the World Trade Center Health Program past 2027 was excluded from the federal budget on Friday as Congress scrambled to avert a government shutdown.
Don't let the sunny skies fool you as dangerously cold weather settles into New York, New Jersey and Connecticut.
Expect jam-packed airports and highways in the New York City area as the holiday travel season kicks into high gear.
Party City announced mass layoffs at its headquarters in Woodcliff Lake, New Jersey, according to an email sent to employees.
A New Jersey drone pilot says most sightings are easily explained after people have been reporting mysterious drones in the state for weeks.
Funding for the World Trade Center Health Program past 2027 was excluded from the federal budget on Friday as Congress scrambled to avert a government shutdown.
Don't let the sunny skies fool you as dangerously cold weather settles into New York, New Jersey and Connecticut.
Expect jam-packed airports and highways in the New York City area as the holiday travel season kicks into high gear.
A new law in Suffolk County allows police to arrest spectators at street takeovers, not just drivers at the illegal meetups.
The FAA issued a temporary flight restriction for drones over New York City, Long Island and parts of Westchester County. The restrictions are in effect until January 19.
A report by the House Ethics Committee found former Rep. Matt Gaetz paid multiple women, including a 17-year-old girl, for sex.
Funding for the World Trade Center Health Program past 2027 was excluded from the federal budget on Friday as Congress scrambled to avert a government shutdown.
Over half of Americans see the drones that have been spotted over the East Coast as a threat to the U.S.
NYPD Chief of Department Jeffrey Maddrey has resigned following a bombshell allegation of sexual misconduct on the job.
Former New York Gov. Andrew Cuomo filed a lawsuit Thursday against a former aide, Charlotte Bennett, who alleged he sexually harassed her in 2020.
A woman who lost her jaw after being caught in a crossfire in Ukraine can smile again thanks to transformative surgery in New York.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
New York Congressman-elect George Latimer expects "major pushback" to Robert F. Kennedy Jr.'s potential vaccine policy if he heads Donald Trump's Health and Human Services Department.
A breakthrough treatment is making a huge difference for stroke survivors, improving hand and arm function, and their quality of life.
CBS News New York's Cindy Hsu's mental illness did not stop her. Now, she's highlighting hope and solutions.
Sean "Diddy" Combs was back in federal court in Lower Manhattan on Wednesday for a pretrial hearing.
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.
Jamie Foxx opened up about why he was hospitalized for several weeks in April 2023.
The annual gala at the John F. Kennedy Center for the Performing Arts features personalized tributes with performances and testimonials from fellow artists.
Matthew Stafford threw an 11-yard touchdown pass to Tyler Higbee early in the fourth quarter and the Rams beat the Jets 19-9 on Sunday.
Drew Lock threw a pair of pick-6s as the Giants lost their franchise-record 10th straight game, 34-7 to the Falcons on Sunday.
The Rangers lost for the 12th time in their last 16 games with a 3-1 defeat to the visiting Hurricanes on Sunday.
Jalen Brunson scored 29 of his season-high 39 points in the second half to power the Knicks to a 104-93 victory over the Pelicans on Saturday night.
Bo Horvat had two goals and an assist, Isaiah George scored his first NHL goal and the Islanders beat the Maple Leafs 6-3 on Saturday night.
As Hanukkah approaches, the Brooklyn organization is in a race against time to deliver gifts to children battling illnesses.
Mets owner Steve Cohen's Metropolitan Park casino complex proposal has picked up steam after gaining the Queens borough president's approval.
Parts of the MTA's emergency exit infrastructure are in a hazardous state of disrepair, according to a new audit report.
The Riverside Church of New York announced this week plans to close its Weekday School after 95 years of caring for local children.
Neighbors living in communities without subway stops say congestion pricing has caused many to consider leaving New York City.
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."
Luigi Mangione is due in a New York courtroom to face state charges in the murder of UnitedHealthcare CEO Brian Thompson. CBS News New York's Derick Waller reports.
Police are questioning a man in connection with a fire that left a woman dead on the F train Sunday in Brooklyn. CBS News New York's Elijah Westbrook reports.
CBS News New York's Tony Sadiku has the latest weather forecast.
The shocking attack happened on Sunday morning on an F train in Brooklyn. CBS News New York's Naveen Dhaliwal has the latest on the investigation.
CBS News New York's Jenna DeAngelis has your holiday week forecast.