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Rothstein pleads guilty, seeks shorter jail term

Scott Rothstein, the disbarred Florida lawyer and newly convicted Ponzi schemer who faces up to 100 years in prison, will strive to help authorities make cases against others who profited from his massive investment scam -- in hopes of shaving time off his sentence. Rothstein will be sentenced on May 6 following his guilty plea Wednesday in Fort Lauderdale federal court to five counts of racketeering, fraud and money laundering.

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