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Bernie Madoff's victims to get additional $158 million in restitution
Nearly 25,000 of the victims in Madoff's Ponzi scheme will see restitution through the Madoff Victim Fund.
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Nearly 25,000 of the victims in Madoff's Ponzi scheme will see restitution through the Madoff Victim Fund.
After his arrest, Ray Brewer claimed he saved several soldiers from a fire while serving in the Navy, but later admitted, "these were both lies meant to curry favor with law enforcement."
George Santos' work for firm accused of Ponzi scheme drew scrutiny; 2024 GOP presidential field begins to take shape.
A new CBS Reports documentary explores Congressman George Santos' history of lies and his past involvement in a company accused in an alleged Ponzi scheme. CBS News political correspondent Caitlin Huey-Burns discusses "Campaign of Deceit: The Election of George Santos" with Anne-Marie Green and Seth Doane.
They were found unresponsive with gunshot wounds in their residence, police say. Madoff wiped out people's fortunes and ruined charities with a massive Ponzi scheme.
"He ruthlessly stole from his clients who trusted him for almost a decade," said the chief of the Tarrant County DA's Elder Financial Fraud team.
The Mets are sitting atop National League East and enjoying a good return so far on the team's $196 million payroll. But included in that figure is nearly $1.2 million for a player that hasn't stepped to the plate in more than 20 years, and one the team will continue to pay for another 14 years. Here's more on the now-infamous arrangement between an athlete and an owner, and the most notorious Ponzi scheme in history.
Journalist Jim Campbell, author of "Madoff Talks," maintained a years-long correspondence with the disgraced investor to learn exactly how Madoff pulled off the biggest fraud in American financial history.
On April 14, 2021, Bernard Madoff, who burned thousands of investors through an epic Ponzi scheme, died in prison while serving a 150-year prison sentence. Correspondent Jim Axelrod talks with journalist Jim Campbell, author of "Madoff Talks," who maintained a years-long correspondence with the disgraced investor and his family, to learn exactly how Madoff pulled off the largest financial fraud in Wall Street history.
The journalist's new book features exclusive interviews with the disgraced investor who built a Ponzi scheme that grew into the largest financial fraud in Wall Street history.
Bernie Madoff, the mastermind of the largest Ponzi scheme in history, died in prison at age 82. He suffered from kidney disease in recent years.
In 2009, 60 Minutes interviewed Madoff Ponzi scheme whistleblower Harry Markopolos, who said he alerted the Securities and Exchange Commission of Madoff's fraud starting in 2000.
Without compassionate release, Madoff's sentence would not end until 2139.
"I don't think there was anyone who worked for the company who didn't understand it was a fraud the whole time," a lawyer told CBS News
The perpetrator of the biggest fraud in history is seeking commutation of his 150-year prison sentence, which he is serving in North Carolina
The founding father of financial hijinks, who trapped his investors in a "musical chairs" of fraud, was born on March 3, 1882
Six-figure payments for prayers didn't spare Dawn Bennett from a 17-count indictment on fraud charges
Federal prosecutors say the accused ripped off hundreds while spending big on homes, cars and other luxury goods
Haena Park was sentenced to three years in prison for squandering $23 million on bad investments
Mark Madoff hanged himself in 2010 while Andrew Madoff died of cancer in 2014;
The Supreme Court has declined to take on the case of former Texas tycoon R. Allen Stanford, who has been convicted on fraud, conspiracy and obstruction charges
Lou Pearlman’s $300 million Ponzi scheme through his Trans Continental companies was uncovered in 2006
Feds allege Paul Burks' online auction site fronted a Ponzi scheme that bilked 1 million people out of nearly $1 billion
It accuses Aequitas Capital Management of duping 1,500 clients, but the CEO says the agency chose "to rush to judgment"
The government accuses an Internet financing company of bilking 900,000 investors and arrests its founder
President Biden said, "I feel good," after the White House announced he had tested positive for COVID-19 and was experiencing mild symptoms.
The Republican National Convention is occurring amid one of the most dramatic weeks in politics in history.
The FBI is investigating whether the shooter was a politically motivated homegrown domestic violent extremist, and investigators are combing through his background.
A tree, located between the Trump rally shooter and the sniper team closest to him, may have impaired the team's line of sight, according to a CBS News analysis.
Airline officials say they are aware of a series of incidents where cans have ruptured, resulting in an onboard mess and reports of about 20 injuries to employees so far this summer.
Terrell Davis and his wife, Tamiko, discussed the moment the former Denver Broncos star was handcuffed in front of his children and other passengers on a United Airlines flight.
Secretary of the Navy Carlos Del Toro said the sailors' court martial contained "significant legal errors that rendered them fundamentally unfair."
Millions of Americans absorbed a dizzying political news cycle this past weekend, a series of extraordinary headlines for an already divided electorate.
Nominations for the 76th annual Emmy Awards were announced Wednesday, with "Shōgun," "The Bear," "Hacks" and "Baby Reindeer" all earning multiple major nods. See the full list of nominees for the 2024 ceremony here.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Millions of Americans absorbed a dizzying political news cycle this past weekend, a series of extraordinary headlines for an already divided electorate.
For years, Tennessee has required anyone convicted of prostitution while HIV-positive to register as a sex offender for life. To settle DOJ and ACLU discrimination suits, the state has agreed to reverse course.
Old images of former President Donald Trump were recirculated on social media in the days after his attempted assassination to push false claims about his condition.
The committee's Republican chairman subpoenaed U.S. Secret Service Director Kimberly Cheatle as Republicans ramp up efforts to investigate the assassination attempt.
The popular cooler bags are back in stock at Trader Joe's stores today. Some locations are setting purchasing limits.
Nearly 7,000 pounds of hot dogs were produced and distributed without being inspected, federal government says.
Baby formula maker Reckitt said tornado damage to an Indiana warehouse could affect supplies of its nutrition products.
The dinosaur fossil of a Stegosaurus nicknamed Apex fetched 10 times its estimate at a Sotheby's auction on Wednesday.
JD Vance's 2016 memoir "Hillbilly Elegy" is getting a sales bump after the Ohio senator was picked to run alongside former President Donald Trump.
The Republican National Convention is occurring amid one of the most dramatic weeks in politics in history.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Millions of Americans absorbed a dizzying political news cycle this past weekend, a series of extraordinary headlines for an already divided electorate.
For years, Tennessee has required anyone convicted of prostitution while HIV-positive to register as a sex offender for life. To settle DOJ and ACLU discrimination suits, the state has agreed to reverse course.
Old images of former President Donald Trump were recirculated on social media in the days after his attempted assassination to push false claims about his condition.
For years, Tennessee has required anyone convicted of prostitution while HIV-positive to register as a sex offender for life. To settle DOJ and ACLU discrimination suits, the state has agreed to reverse course.
Nearly 7,000 pounds of hot dogs were produced and distributed without being inspected, federal government says.
At least 36 have been hospitalized after eating the mushroom "edibles."
A workout that mindlessly tones your arms while getting some cardio in? If it sounds too good to be true, that's because it may be. Here's what experts say.
Growing share of Americans say they have skipped medical care or getting prescription drugs because of the cost.
NASA says the Deorbit Vehicle will drive the lab to a controlled re-entry and breakup in 2030 to close out three decades of operation.
The remains of a medieval palace that may have housed the early peoples between the 9th and 13 centuries was uncovered in Rome.
Jack Black said he has put all future creative plans on hold after Tenacious D bandmate Kyle Gass made a controversial comment about the Trump rally shooting.
Residents of a Toronto suburb tell CBS News they're worried a U.S. company may be emitting a cancer-causing gas in their community.
Britain's King Charles III donned a ceremonial crown and robe to give a speech opening the U.K.'s first left-leaning parliament in 14 years.
Nominations for the 76th annual Emmy Awards were announced Wednesday, with "Shōgun," "The Bear," "Hacks," "Only Murders in the Building" and "Baby Reindeer" all earning multiple major nods. See the full list of nominees for the 2024 ceremony here.
The armorer on Alec Baldwin movie "Rust" filed to have her involuntary manslaughter conviction overturned, days after Baldwin's trial over a fatal on-set shooting collapsed due to withheld evidence.
Rain already falls on Venus, but it took more than 14 minutes for Missy Elliott's The Rain (Supa Dupa Fly)" to reach the planet.
After many people criticized Andress' rendition of the National Anthem online, comparing her with Fergie, the singer says she's going to rehab.
Season 26 of the CBS reality TV show "Big Brother" premieres on Wednesday. Sixteen new house guests will compete and strategize to evict one of their own each week to try and be the last person standing. The prize is $750,000. "Entertainment Tonight" host Nischelle Turner visited the house and even entered a one-day competition.
NASA says the Deorbit Vehicle will drive the lab to a controlled re-entry and breakup in 2030 to close out three decades of operation.
Tech mogul Elon Musk said Tuesday afternoon that he would be moving the headquarters of both his social media company X and SpaceX to Texas in response to a new California law signed by Gov. Gavin Newsom.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Apple users can now download an early version of a new iPhone operating system that will be officially released this fall.
AT&T on Friday disclosed that hackers had accessed records of calls and texts of "nearly all" its cellular customers for a six-month period between May 1, 2022, and Oct. 31, 2022. Jo Ling Kent reports.
The melting of glaciers and polar ice sheets causes water to move closer to the equator, fattening the planet and slowing its rotation, according to a recent study.
Spade-toothed whales are the world's rarest, with no live sightings ever recorded. Until, perhaps, now. One may have washed up onto a New Zealand beach.
Symptoms among the new bird flu cases included "fever, chills, coughing and sore throat/runny nose," alongside pink eye and eye tearing, a CDC spokesperson confirmed Monday.
The image released Friday depicts two merging galaxies, nicknamed "the Penguin and the Egg," that are about 100,000 light years apart, a surprisingly close distance in astronomical terms.
The 2024 Atlantic hurricane season got off to a deadly start as Hurricane Beryl tore across the Caribbean, Mexico and eventually the U.S.
For years, Tennessee has required anyone convicted of prostitution while HIV-positive to register as a sex offender for life. To settle DOJ and ACLU discrimination suits, the state has agreed to reverse course.
The six people who were found dead this week in a Thailand hotel room are believed to have been poisoned, officials say. Investigators say they found cyanide in the cups of the victims, who have been identified as two Vietnamese-Americans and four Vietnamese nationals. CBS News correspondent Ian Lee has more.
Nearly 17 pounds total of fentanyl, heroin and cocaine were found in the car. More than 1,610 pounds of illegal drugs were seized in the region last week, according to Customs and Border Protection.
A young gas station operator in Wisconsin was stabbed to death on June 12. Authorities have never named a suspect in the murder until now.
President Santiago Peña said the record discovery, code-named "Operation Sweetness," added to a string of "very sad episodes" in Paraguay.
NASA says the Deorbit Vehicle will drive the lab to a controlled re-entry and breakup in 2030 to close out three decades of operation.
Rain already falls on Venus, but it took more than 14 minutes for Missy Elliott's The Rain (Supa Dupa Fly)" to reach the planet.
It has been two years since NASA's James Webb telescope gave us a stunning first look at the depth of our universe. To commemorate the achievement, NASA has released new images showing two distant galaxies interacting with each other. Jane Rigby, astrophysicist and a senior project scientist for the Webb telescope at NASA, joins CBS News to discuss.
The image released Friday depicts two merging galaxies, nicknamed "the Penguin and the Egg," that are about 100,000 light years apart, a surprisingly close distance in astronomical terms.
SpaceX's Falcon 9 rocket suffered a catastrophic engine failure as it launched a batch of Starlink satellites into orbit Thursday night, the first time in nearly a decade the rocket has failed. CBS News space consultant Bill Harwood has more on that and the latest images from the James Webb Space Telescope.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
The actor, recipient of a lifetime achievement Academy Award, was renowned for such films as "MASH," "Klute," "Don't Look Now," "Ordinary People," and "The Hunger Games."
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
President Biden tested positive for COVID-19 Wednesday while holding campaign events in Nevada, the White House said. It comes after powerful Rep. Adam Schiff, who is running for a California Senate seat, became the latest House Democrat to call on President Biden to end his reelection efforts. Weijia Jiang has the latest.
The Department of Homeland Security has opened an investigation into the Secret Service's security decisions leading up to the attempted assassination of former President Donald Trump. Meanwhile, the FBI is continuing to try and find every detail it can about the shooter. CBS News homeland security and justice reporter Nicole Sganga has the latest.
CBS News' Ed O'Keefe speaks with Ohio Republicans about their reaction to Sen. JD Vance running alongside former President Donald Trump in the 2024 election, saying "he's one of us." Plus, we hear from The Daily Report anchor John Dickerson about Vance's journey to becoming the GOP's VP pick.
In his Wednesday speech at the 2024 Republican National Convention, Texas Gov. Greg Abbott slammed President Biden's border policies, saying he "deserted his duty" when he took office. CBS News fact-checked some of his remarks.
On Wednesday, the U.S. Secret Service initiated protection for Republican vice presidential candidate and Ohio Sen. JD Vance and his family. CBS News chief election and campaign correspondent Robert Costa and The Washington Post's Leigh Ann Caldwell join "America Decides" with the latest.