Tag Archives: professional responsibility

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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Indicted Fla. lawyer had 20 million reward points

A Florida lawyer charged in a $1.2 billion fraud apparently heeded the American Express slogan "Don't leave home without it." Court records show Scott Rothstein racked up more than 20 million reward points on his American Express account. Cardholders typically receive one point for every dollar spent.

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