Tuesday, November 10, 2009

Lawyer Facing Federal Fraud Investigation

Fort Lauderdale lawyer Scott Rothstein, who returned from a trip to Morocco last week to face a federal fraud investigation, said he was in good spirits Sunday.

"I am sitting here smoking cigars with Marc,'' Rothstein said in a brief interview Sunday afternoon with The Miami Herald, referring to his attorney Marc Nurik. "Rumors of my demise have been greatly exaggerated. I'm doing pretty good.''

Rothstein, 47, has been accused by investors in an alleged Ponzi scheme of stealing hundreds of millions of dollars and by his law partners of crippling their firm, Rothstein Rosenfeldt Adler.

The prosecutors poring over the Rothstein evidence are Lawrence D. LaVecchio, Paul F. Schwartz and Jeffrey N. Kaplan. They have decades of experience investigating public corruption, white-collar fraud and organized crime.

They are preparing a massive fraud case against Rothstein, zeroing in on his settlement investments, sources said. But they are also examining allegations of theft from his law firm and client trust accounts.

Full Article and Source:
Embattled Fort Lauderdale Lawyer Scott Rothstein: 'Rumors of My Demise Have Been Greatly Exaggerated'


Anonymous said...

He sounds and looks pretty slick.

Barbara said...

Now this will be interesting. Not only are the feds after him, but his own law firm.

He'd better smoke his cigars while he can.

Anonymous said...

Good one, Barbara. And I bet you're right!

Anonymous said...

Lawyers protect their own, but when one of them does them dirty, then it's all out war.

Scott Rothstein had better watch his back!

Sam said...

When this gets to court, he won't be so cocky.

Sue said...

Scott Rothstein is a real piece of work. Just looking at him, I see:
GUILT in his eyes. One way or another he will be answering for his crimes. Just think for one moment, if this is what they know about the crook, what don't they know?