A federal bankruptcy judge on Thursday froze up to $33 million in assets held at one time by a financial adviser with ties to convicted Ponzi schemer Scott Rothstein. U.S. Judge Raymond Ray approved the request from attorneys for Herbert Stettin, bankruptcy trustee for Rothstein's defunct law firm, for a preliminary injunction against Michael Szafranski and his wife, Elana Strum. The adviser allegedly acted as the independent verifier for Rothstein's phony settlements at the heart of his $1.2 billion fraud.
April 19, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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