A king's ransom of mansions, cars, boats, bank accounts and millions of dollars in political and charitable contributions are up for seizure from disgraced attorney Scott Rothstein, according to a court filing Monday. The latest filing details the free-spending lifestyle of Rothstein, who has been accused by federal authorities of operating a Ponzi scheme that could top $1 billion. Prosecutors also say staff salaries at Rothstein Rosenfeldt Adler were $18 million in a year when the firm's billings were just $8 million.
Ponzi Scheme Helped Pay Law Firm Salaries, Feds Say
Daily Business Review
November 24, 2009