Herbert Stettin, the bankruptcy trustee appointed to
recover assets for the benefit of victims defrauded by Scott Rothstein's $1.4
billion Ponzi scheme, filed
several more clawback suits seeking the return of funds spent by Rothstein
on expensive jewelry and exotic automobiles. The clawback...
The Ponzi Blog
by Kathy Bazoian Phelps on February 16, 2012, analyzed on the jury verdict of
$67 million in favor of Coquina Investments against TD Bank for its
participation in the Rothstein Ponzi scheme in Florida. Now two more bank settlements are being
reported in the news.
First, TD Bank...