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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.
There is growing concern among the police over an increase in Venezuelan gang activity across New York City.
A Washington Heights home invasion that ended with a fatal fall early Saturday morning is under investigation.
It's Thanksgiving week and what is expected to be a record number of people will be hitting the road or taking to the sky to celebrate.
The Buccaneers rushed for four touchdowns in a 30-7 victory over the Giants and new starting quarterback Tommy DeVito on Sunday.
The Potter's House Church said in a statement that Jakes is stable and under the care of healthcare professionals.
There is growing concern among the police over an increase in Venezuelan gang activity across New York City.
A Washington Heights home invasion that ended with a fatal fall early Saturday morning is under investigation.
It's Thanksgiving week and what is expected to be a record number of people will be hitting the road or taking to the sky to celebrate.
New Jersey Sen. George Helmy said congestion pricing could drive businesses out of New York City and into the Garden State on "The Point with Marcia Kramer."
Thanksgiving week starts Monday with partly sunny skies and temps in the mid 50s, but things will change from there.
Thanksgiving week starts Monday with partly sunny skies and temps in the mid 50s, but things will change from there.
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.
The first major snowstorm of the season brought school closures, power outages, and heavy snow to our region, including to areas that badly needed it.
Jodi Rell, who became Connecticut's second female governor when John Rowland resigned in a corruption scandal, has died at 78.
It's Thanksgiving week and what is expected to be a record number of people will be hitting the road or taking to the sky to celebrate.
New Jersey Sen. George Helmy said congestion pricing could drive businesses out of New York City and into the Garden State on "The Point with Marcia Kramer."
Thanksgiving week starts Monday with partly sunny skies and temps in the mid 50s, but things will change from there.
A fire in Bayonne displaced several families and caused a day care to evacuate Friday.
A Hudson Valley woman says her car was driven from Queens to New Jersey after she parked at an unlicensed long-term parking lot near John F. Kennedy International Airport.
New Jersey Sen. George Helmy said congestion pricing could drive businesses out of New York City and into the Garden State on "The Point with Marcia Kramer."
Thanksgiving week starts Monday with partly sunny skies and temps in the mid 50s, but things will change from there.
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.
The first major snowstorm of the season brought school closures, power outages, and heavy snow to our region, including to areas that badly needed it.
New Jersey Sen. George Helmy said congestion pricing could drive businesses out of New York City and into the Garden State on "The Point with Marcia Kramer."
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
New York has repealed a seldom-used law over a century old that made it a crime to cheat on your spouse.
The New York Department of Motor Vehicles has overhauled its point system, and the points drivers accrue are going to stay on their record longer.
A New York City Councilmember is taking the city's Department of Homeless Services to task, saying it needs to do a better job managing food at the city's migrant shelters.
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
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.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Lawyers for actor Jonathan Majors and Grace Jabbari agreed to dismiss the case with prejudice, according to a joint filing in Manhattan federal court.
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
A federal judge is deciding whether to release Sean "Diddy" Combs on bail as he awaits trial on sex trafficking and racketeering charges.
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 Buccaneers rushed for four touchdowns in a 30-7 victory over the Giants and new starting quarterback Tommy DeVito on Sunday.
The New York Rangers lost to the Edmonton Oilers 6-2 on Saturday night.
The New York Islanders beat the St. Louis Blues on Saturday night to end a three-game skid.
Tomas Tatar had a goal and an assist and the New Jersey Devils beat the Washington Capitals on Saturday night.
The New York Red Bulls posted a 2-0 victory over New York City FC in an Eastern Conference semifinal on Saturday night.
The new Davis Center will bring back the wonder of skating and swimming alongside Harlem Meer in Central Park.
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.
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."
New York City's Sanitation Commissioner Jessica Tisch is set to become the city's newest police commissioner. CBS News New York's Christina Fan reports.
CBS News New York's Tony Sadiku has the latest weather forecast.
CBS News New York's Vanessa Murdock say Monday will be nice, with sun and clouds and a high of 55, but after that things will get dicey, especially on Thanksgiving.
Police say Tren de Aragua is the Venezuelan gang that is living in the shelter system and recruiting children. CBS News New York's Jennifer Bisram has the story.
Police are searching for three suspects in Saturday's early morning crime. CBS News New York's Naveen Dhaliwal has the latest on the investigation.
