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4 years 6 months ago

Florida ex-attorney pleads guilty in Ponzi scheme

A disbarred South Florida attorney has pleaded guilty to federal charges that he ran a $1.2 billion Ponzi scheme using phony legal settlements. Scott Rothstein pleaded guilty Wednesday in Fort Lauderdale federal court to five charges, including racketeering, fraud and money-laundering conspiracy. The 47-year-old faces a maximum of 100...

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