Kim Rothstein, Wife Of Ponzi Schemer Scott Rothstein, Charged With Conspiracy To Commit Money Laundering

MIAMI -- The wife of imprisoned Ponzi schemer Scott Rothstein was charged Thursday with money laundering conspiracy and other charges for allegedly concealing more than $1 million in jewelry from federal investigators and later attempting to sell some of it.

Prosecutors filed the charges against Kim Rothstein, 38, and four other people. Attorneys for Kim Rothstein said in a statement she takes "full responsibility" for her actions but insisted she did not know about her husband's $1.2 billion scam.

"Kim welcomes the opportunity to put a very challenging time in her life behind her," the statement said. "Kim is a vibrant, diverse and deeply caring person who looks forward to being a productive citizen in the years to come."

She faces up to five years in federal prison on charges of money laundering, obstruction of justice and witness tampering conspiracy. The type of charging document used by prosecutors typically means that a defendant intends to plead guilty.

Scott Rothstein, once a high-flying attorney in Fort Lauderdale, is serving a 50-year prison sentence for fraud involving investments in fake legal settlements. Shortly after the scheme unraveled in fall 2009, investigators went to the Rothsteins' residence to seize jewelry, watches and other items purchased with money from the scheme.


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Kim Rothstein, Wife Of Ponzi Schemer Scott Rothstein, Charged With Conspiracy To Commit Money Laundering