Federal prosecutors and the bankruptcy trustee dismantling defunct law firm Rothstein Rosenfeldt Adler are fighting over restitution plans for an estimated 350 victims of convicted fraudster Scott Rothstein's $1.2 billion Ponzi scheme. The two sides met Feb. 12 in hopes of finding a way to work together, but attempts at a behind-the-scenes collaboration immediately sputtered, according to a government motion, which decries "inflammatory statements" by the trustee's side.
February 23, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Victims of convicted fraudster Scott Rothstein’s $1.2 billion Ponzi scheme are elbowing each other to get the first crack at seized assets. And now, federal prosecutors and the bankruptcy trustee are going at it as well.
The U.S. Attorney’s Office and Herbert Stettin, the bankruptcy trustee dismantling defunct law firm Rothstein Rosenfeldt Adler, are fighting over restitution plans for an estimated 350 victims of Rothstein’s fraud.
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