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The U.S. has reached a $1.2 billion settlement with Toyota Motor Corp. and filed a criminal charge alleging the Japanese automaker defrauded consumers by issuing misleading statements about safety issues in Toyota and Lexus vehicles.
When prosecutors announced the case against Mathew Martoma in November 2012, they said it may be the most lucrative insider trading scheme of all time.
The ring operated out of Astramed, a purported medical clinic with multiple locations in the Bronx, prosecutors said. The pills have a street value of up to $550 million.
The top executive of a Manhattan-based Bitcoin company and a Florida Bitcoin exchanger have been charged with conspiring to commit money laundering by selling more than $1 million in Bitcoins to users of the black market website Silk Road, which let users buy illegal drugs anonymously, authorities said Monday.
The bank will pay $1.7 billion to settle criminal charges and a $350 million civil penalty for what the Treasury Department called "critical and widespread deficiencies'' in its programs to prevent money laundering and other suspicious activity.
The charges against Reza Olangian were unsealed on Friday. U.S. Attorney Preet Bharara said that after Olangian was thwarted in his first attempt back in 2007, he seized a second opportunity last year to arm the Iranian military in violation of international trade sanctions.
Bank of America was found liable for fraud in a civil case the government said captured the frenzied pursuit of profits at all costs just before the economy collapsed.
Abu Anas al-Libi entered the plea Tuesday in federal court in Manhattan. Al-Libi, who has a thick gray beard, kept his hands folded on his lap as the judge read the charges.
Abu Anas al-Libi was grabbed in a military raid in Libya on Oct. 5. He's due to stand trial in Manhattan, where he's been under indictment for more than a decade on charges he helped plan and conduct surveillance for the 1998 bombings of U.S. embassies in Africa.
The charges were announced by prosecutors in Manhattan, where an indictment unsealed in federal court portrayed a trio of ex-soldiers eager to kill for money.
Alwar Pouryan received the mandatory minimum sentence for the anti-aircraft missile count and was spared a life sentence.
Stripping politicians convicted of corruption of their pensions is not easy, Gov. Andrew Cuomo says, but initiatives are in place to change that.
Prosecutors said 650 Fifth Avenue is operated by two companies which serve as fronts for the government of Iran, the Alavi Foundation and Assa Corp.
Preet Bharara, the Manhattan U.S. attorney, hinted that the misconduct was not just the work of a couple of rogue traders, but was systemic in a bank that failed to keep adequate watch over its traders.
A significant portion of Westchester County's water supply could contain a dangerous microscopic parasite that can cause a potentially fatal gastrointestinal illness for which authorities say there is no known treatment.
According to federal officials, Davis allegedly sold hundreds of pills, including oxycodone, for cash.
Indictments were announced Thursday in Newark, where U.S. Attorney Paul Fishman called the case the largest hacking and data breach scheme ever prosecuted in the United States.
Federal authorities in New York City announced the criminal charges against SAC Capital Advisors on Thursday. SAC is charged with wire fraud and four counts of securities fraud, but owner Steven Cohen is not charged.
The FBI and the Justice Department held a repatriation ceremony Wednesday for the valuable works stolen from the National Library of Sweden.
Daniel Barrera, 44, is charged with conspiracy to import narcotics, which can carry a mandatory minimum of 10 years in prison, or a maximum of life in prison if he is convicted.
Austin Romain and Khalif Phillips, both 31, were arrested Tuesday while they were at work.
Edwin Vargas, 42, was arrested outside his home in Bronxville on Tuesday morning after FBI agents followed his computer trail, 1010 WINS' Juliet Papa reported.
State Sen. John Sampson has been indicted on two counts embezzlement, five counts of obstruction of justice and two counts of making false statements to the FBI, prosecutors announced Monday.
It was seized by Immigration and Customs Enforcement agents after it was sold at auction in New York City for over $1 million last year.
Members of Russian organized crime ran high-stakes poker games attended by professional athletes, Hollywood celebrities and Wall Street titans, federal authorities in New York said.
Organizers of the Times Square New Year's Eve celebration screwed the last crystals onto the ball that will usher in 2025.
The sinkhole that cratered a section of I-80 in New Jersey was caused by an abandoned mineshaft collapsing underneath the highway, state transportation officials say.
A fire erupted at the Bryant Park holiday market in Manhattan and damaged several booths Friday morning, officials said.
After a cold start, temperatures will climb Friday to near seasonable levels today with highs around 40 degrees. Expect plenty of sun with high clouds streaming in as the day goes on.
A shelter employee was fatally stabbed in Brooklyn Thursday night, sources tell CBS News New York. There's a manhunt for his killer.
A fire erupted at the Bryant Park holiday market in Manhattan and damaged several booths Friday morning, officials said.
After a cold start, temperatures will climb Friday to near seasonable levels today with highs around 40 degrees. Expect plenty of sun with high clouds streaming in as the day goes on.
A grand jury has indicted the man accused of setting a woman on fire aboard a Brooklyn subway train, Brooklyn DA Eric Gonzalez announced Friday.
Nine people died in the crush of the crowd outside a celebrity basketball game at City College on Dec. 28. 1991.
With congestion pricing set to start on Jan. 5, the MTA now says it has the right to hike the prices even more on gridlock alert days.
A very similar setup to Thursday will be underway Friday, with highs in the mid to upper 30s under mostly sunny skies.
The National Weather Service says snow depth in Central Park was 1 inch at 7 a.m. Christmas morning. That's the minimum amount of snow needed to make it officially a White Christmas.
Some light snow is moving through NYC and the surrounding New York and New Jersey area today, just in time for Christmas Eve.
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.
The sinkhole that cratered a section of I-80 in New Jersey was caused by an abandoned mineshaft collapsing underneath the highway, state transportation officials say.
Authorities are distributing bottled water in Edison, N.J. after a water main break left thousands of residents without any to drink, bathe or cook with.
With congestion pricing set to start on Jan. 5, the MTA now says it has the right to hike the prices even more on gridlock alert days.
Crews are trying to repair a massive water main break that left thousands in Edison, New Jersey with little or no water pressure.
A sinkhole on I-80 in Wharton, New Jersey is causing a traffic nightmare after shutting down the highway early Thursday morning.
With congestion pricing set to start on Jan. 5, the MTA now says it has the right to hike the prices even more on gridlock alert days.
A very similar setup to Thursday will be underway Friday, with highs in the mid to upper 30s under mostly sunny skies.
A Long Island father and son are having a Christmas like no other. They've just moved from a homeless shelter into their own apartment, thanks to Catholic Charities.
The National Weather Service says snow depth in Central Park was 1 inch at 7 a.m. Christmas morning. That's the minimum amount of snow needed to make it officially a White Christmas.
A judge has ordered the bankrupt Harborside in Port Washington back to the negotiating table to address millions owed to residents.
With congestion pricing set to start on Jan. 5, the MTA now says it has the right to hike the prices even more on gridlock alert days.
Former President Bill Clinton remains in "good spirits," a spokesman said.
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.
A new course at Albert Einstein College of Medicine in the Bronx aims to help medical students understand the community they serve.
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.
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.
Cam Johnson scored 29 points, Noah Clowney added 20 and the Nets rallied late for a 111-105 victory over the Bucks on Thursday night.
Mikal Bridges scored a season-high 41 points, and the Knicks overcame 42 from Victor Wembanyama to edge the Spurs 117-114 on Wednesday.
Rasmus Dahlin had four assists and the Sabres stopped a 13-game slide by routing the Islanders 7-1 on Monday night.
Karl-Anthony Towns and OG Anunoby combined for 62 points in the Knicks' fourth straight win, 139-125 over the Raptors on Monday night.
Bam Adebayo scored 17 of his 23 points in the second half and the Heat snapped a three-game skid with a 110-95 win over the Nets on Monday night.
Nine people died in the crush of the crowd outside a celebrity basketball game at City College on Dec. 28. 1991.
Volunteers delivered 14,000 meals to older New Yorkers on Christmas Day.
People living in one Harlem apartment building say they are freezing as they await a new boiler system.
Local residents are at odds with the Forest Hills Stadium concert venue over what they say is excessive noise.
Clients of the Emma L. Bowen Center's Rainbow Clubhouse and substance abuse recovery programs participated in a photography project to share positive perspectives.
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 crystal ball for Times Square's New Year's Eve celebration was just unveiled. CBS News New York's John Dias reports.
The I-80 sinkhole in New Jersey was caused by an abandoned mineshaft collapsing under the highway, New Jersey DOT says.
The worker was discovered in a shelter that had formally been a hotel in Brownsville Thursday. CBS News New York's Derick Waller reports.
It will be hours before Edison residents have full service back after a water main break left thousands of residents without any to drink, bathe or cook with, Mayor Sam Joshi said Friday morning. CBS News New York Nick Caloway reports.
A grand jury has indicted the man accused of setting a woman on fire aboard a Brooklyn subway train, killing her, Brooklyn DA Eric Gonzalez announced Friday. CBS News New York's Hannah Kliger reports.
