NY Madoff Investor Gets New Shot At Ex's Cash
A New York appeals court has revived a lawyer's bid to take back millions of dollars he paid in a divorce settlement before losing money he'd invested with convicted fraudster Bernard Madoff.
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A New York appeals court has revived a lawyer's bid to take back millions of dollars he paid in a divorce settlement before losing money he'd invested with convicted fraudster Bernard Madoff.
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.
Attorney Ira Sorkin says Madoff had decided not to attend the funeral for Mark Madoff out of consideration for his daughter-in-law's and grandchildrens' privacy.
Investigators said 46-year-old Mark Madoff's father-in-law found him with a dog leash around his neck hanging from a pipe early Saturday morning inside his Soho loft.
Federal authorities said prominent Massachusetts businessman and philanthropist Carl Shapiro has agreed to forfeit the funds that will be distributed to investors who lost money in jailed financier Bernard Madoff's fraud.
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.
Prosecutors said he convinced investors that the ATMs would be put in convenience stores, gas stations, malls and hotels nationwide.
The U.S. Marshals Service will be selling the disgraced financier's personal items on Nov. 13 at the Sheraton Hotel in Manhattan.
Federal officials had seized the home, along with Madoff's other properties and assets in New York and elsewhere. Proceeds from the sales of those assets are expected to benefit the victims of Madoff's financial scheme.
In his most expansive comments on the subject, the Mets owner talks about being ripped off by Ponzi schemer Bernard Madoff.
A Florida man known for his sports-related philanthropy pleaded guilty Wednesday to running a multistate Ponzi scheme that prosecutors say left investors with up to $100 million in losses.
Financial adviser Kenneth Starr pleaded guilty in a $59 million Ponzi scheme Friday admitting that he stole clients' money to enrich himself.
American Express is accusing a jailed financial adviser to the stars of failing to pay $350,000 on his Platinum and Gold cards.
A Florida man accused of running a $880 million Ponzi scheme that authorities say paid for lavish spending sprees and sports philanthropy may have reached a deal with federal prosecutors.
Lawyers for three alleged cohorts of disgraced financier Bernard Madoff say the case is mired in a mountain of potential evidence.
Federal prosecutors in New York are seeking over $5 million in assets belonging to a former office supervisor for jailed financier Bernard Madoff.
Clients of the Emma L. Bowen Center's Rainbow Clubhouse and substance abuse recovery programs participated in a photography project to share positive perspectives.
Just shy of his 70th birthday, Denzel Washington has a new line to add to an already impressive résumé.
The Devils pounded the Rangers 5-0 on Monday, sending New York to its 13th loss in its last 17 games.
Sebastian Zapeta, 33, was charged with murder and arson after a woman sleeping on the New York City subway was set on fire and died, police say.
The sole winner of a $1.13 billion Mega Millions jackpot has begun the process of collecting the prize, the New Jersey Lottery said Monday.
Clients of the Emma L. Bowen Center's Rainbow Clubhouse and substance abuse recovery programs participated in a photography project to share positive perspectives.
Just shy of his 70th birthday, Denzel Washington has a new line to add to an already impressive résumé.
Sebastian Zapeta, 33, was charged with murder and arson after a woman sleeping on the New York City subway was set on fire and died, police say.
New York City congestion pricing cleared late legal challenges in Manhattan and Rockland County, keeping it on track to start Jan. 5, 2025.
NYC is facing the coldest weather in a while, and New York and New Jersey could be in for a White Christmas with snow on the way.
New York City congestion pricing cleared late legal challenges in Manhattan and Rockland County, keeping it on track to start Jan. 5, 2025.
NYC is facing the coldest weather in a while, and New York and New Jersey could be in for a White Christmas with snow on the way.
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.
The sole winner of a $1.13 billion Mega Millions jackpot has begun the process of collecting the prize, the New Jersey Lottery said Monday.
New York City congestion pricing cleared late legal challenges in Manhattan and Rockland County, keeping it on track to start Jan. 5, 2025.
NYC is facing the coldest weather in a while, and New York and New Jersey could be in for a White Christmas with snow on the way.
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.
New York City congestion pricing cleared late legal challenges in Manhattan and Rockland County, keeping it on track to start Jan. 5, 2025.
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.
New York City congestion pricing cleared late legal challenges in Manhattan and Rockland County, keeping it on track to start Jan. 5, 2025.
President Biden is granting clemency to 37 of the 40 federal inmates facing death sentences. Their sentences will be commuted to life in prison without the possibility of parole.
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.
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.
Just shy of his 70th birthday, Denzel Washington has a new line to add to an already impressive résumé.
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 Devils pounded the Rangers 5-0 on Monday, sending New York to its 13th loss in its last 17 games.
Pitcher Sean Manaea is set to return to the New York Mets on a 3-year, $75 million contract, a person familiar with the deal says.
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.
Clients of the Emma L. Bowen Center's Rainbow Clubhouse and substance abuse recovery programs participated in a photography project to share positive perspectives.
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.
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."
CBS News New York's Elle McLogan has the latest on the battle between some who live nearby and the venue.
The state DEP says an investigation found a leak from a nearby facility. American Water reiterates the water is safe to drink. CBS News New York's Nick Caloway reports.
CBS News New York's Dave Carlin reports on this milestone for the beloved and legendary actor.
Luigi Mangione pleaded not guilty in a New York courtroom Monday to state charges in the murder of UnitedHealthcare CEO Brian Thompson earlier this month outside a Manhattan hotel. CBS New York's Ali Bauman reports.
Vanessa Murdock has the Tri-State Area's updated Monday evening forecast on CBS News New York.
