Stripped of his freedom by the FBI early Tuesday, disgraced Fort Lauderdale, Fla., lawyer Scott Rothstein appeared in a packed Fort Lauderdale federal courtroom and was accused by prosecutors of using forged judicial signatures to defraud investors as part of a $1.2 billion Ponzi scheme.

Wearing a brown designer T-shirt and blue jeans, Rothstein, 47, appeared nonchalant as he stood in handcuffs and leg restraints before U.S. Magistrate Robin Rosenbaum, who ordered him held without bail because he is a flight risk.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]