News Fla. ex-attorney pleads guilty in $1.2B Ponzi scam

Fla. ex-attorney pleads guilty in $1.2B Ponzi scam

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Fla. ex-attorney pleads guilty in $1.2B Ponzi scam

A disbarred attorney who courted politicians and star athletes and led a flamboyant lifestyle even by South Florida standards pleaded guilty Wednesday to federal charges that he ran a $1.2 billion Ponzi scheme. Scott Rothstein, 47, pleaded guilty to all five counts against him, including wire fraud, money-laundering conspiracy and a racketeering charge commonly used to take down Mafia chieftains ...

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