Ex-lawyer in Florida gets 50 years prison sentence for orchestrating $1.2 billion Ponzi scheme

By at 9 June, 2010, 4:22 pm

Disbarred attorney Scott Rothstein, whose seemingly unlimited wealth bought palatial homes, exotic cars and mega-yachts, was sentenced Wednesday to 50 years in prison for operating a $1.2 billion

Ponzi scheme using faked legal settlements.

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Ex-lawyer in Florida gets 50 years prison sentence for orchestrating $1.2 billion Ponzi scheme

Categories : State News



Comments
Islandspice August 27, 2010

Great overview on the master schemer! My family and I were also victims of a local Ponzi Scheme in West Palm Beach by a fellow called Courthney Kazambe through a company called Gifte Investment/Global Transformation. The company is currently being investigated by the FEDs. If you or anyone you know has lost money in this Ponzi Scheme submit your complaint via email to Mr Ken Koh with the Fed Trade Commission at kkoh@CFTC.gov.

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