FORT LAUDERDALE, Fla. AP – A disbarred South Florida attorney agreed Wednesday to plead guilty later this month to charges arising from an alleged Ponzi scheme that cheated thousands of investors out of $1.2 billion.

U.S. District Judge James I. Cohn set a Jan. 27 change of plea date for Scott Rothstein, who in December pleaded not guilty to a five-count indictment that includes racketeering, conspiracy and fraud charges.