The South Florida Ponzi schemer, Scott Rothstein, was sentenced 50 years in jail this past Wednesday in Fort Lauderdale. At 47-years old, a fifty year sentence is essentially a life sentence for Rothstein.
Rothstein, formerly of Rothstein Rosenfeldt Adler law firm, plead guilty to running a $1.2 billion investment scam.
“Rothstein manipulated and abused the trust of all whom he knew…to enhance his reputation, standing, and power in the community,” stated one attorney.
The amount of money to be divided between the many victims of Rothstein’s scheme is yet to be determine.
If you or someone you know has been charged with fraud, contact the Boca Raton theft and fraud lawyers of Eric N. Klein & Associates at 561-353-2800 to learn more about your rights.
