Scott Rothstein Rip You Off? Good News, Victim Fund Grows by Nearly $3M
Good news for investors swindled by disbarred attorney Scott Rothstein: Nearly $3 million has been added to the fund to repay victims.
May 21, 2015 at 09:00 AM
4 minute read
A fund to reimburse victims of Ponzi-scheming attorney Scott Rothstein gained millions of dollars after a real estate auction brought in $3 million for a Fort Lauderdale retail condominium.
Akerman partner Michael Goldberg, the bankruptcy trustee liquidating the defunct Fort Lauderdale law firm Rothstein Rosenfeldt Adler, said about $2.8 million will go into the liquidating trust to repay creditors after expenses.
Goldberg is working to reimburse victims of the $1.2 billion Ponzi scheme, which landed Rothstein a 50-year federal prison sentence for five felonies including racketeering and fraud.
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