A Miami federal jury found George Levin, the former head of a top feeder fund for disbarred attorney Scott Rothstein, liable for more than $157 million in funds that fueled the ex-law firm chairman’s $1.2 billion Ponzi scheme.
After a weeklong trial and only a few hours of deliberations, the jury on Wednesday decided Levin, 71, committed securities fraud on a massive scale. Already in personal bankruptcy, he faces fines and disgorgement of $157 million in ill-gotten gains.
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