A Miami federal jury handed a victory to the Securities and Exchange Commission as it convicted a Fort Lauderdale investment manager of funneling more than $150 million from over 150 investors to Scott Rothstein's massive $1.2 billion Ponzi scheme...
A south Florida investment advisor who purportedly served as an "independent asset verifier" for investors in Scott Rothstein's massive $1.2 billion Ponzi scheme has been indicted on a dozen fraud charges. Michael Szafranski, 36, faces one...
The first jury trial seeking to hold a financial
institution liable for its complicity in Scott Rothstein's $1.4 billion Ponzi
uncertainty after the institution filed a motion seeking a mistrial
following testimony of a key witness...
Victims of Scott Rothstein's massive $1.2 billion Ponzi scheme have sued banking juggernaut Bank of America (the "Bank"), claiming that, despite knowing of the fraud, the Bank and its executives shepherded investors to Rothstein's scheme...
Judge, this is like a football game. And the game is over, the crowd has left, and the cleaning crew is working in the stands. In spite of TD's numerous unsportsmanlike conduct penalties, the scoreboard shows that we won 67 to nothing. And despite...
"Mr. Benjamin, while wearing the cloak of BSO authority, engineered the arrest and incarceration of an innocent citizen. This was done purely for financial gain. This conduct is deplorable — it is unconscionable."
- U.S. District Judge...
A Florida jury took just two hours to deliver a guilty verdict in the trial of a former attorney in convicted Ponzi schemer Scott Rothstein's now-defunct law firm. Christina Kitterman, who attracted national headlines for her decision to call Rothstein...
“We are extremely pleased that TD Bank opted – at long last – to comply with the district court’s order. The judgment has been satisfied in full."
- Nina Stillman Mandel, co-counsel for Coquina Investments
Federal prosecutors unveiled charges against two more
former employees of convicted Ponzi schemer Scott Rothstein's now-defunct law
firm Rothstein Rosenfeldt Adler ("RRA"), accusing them of playing a
role in Rothstein's massive fraud...
The delayed trial of an investment group seeking damages
from a South Florida bank for its alleged role in facilitating Scott
Rothstein's massive multi-billion dollar Ponzi scheme is scheduled to begin
tomorrow. Originally set to start October...
Just before his trial was scheduled to begin next month, a former TD Bank vice president will plead guilty to a wire fraud conspiracy charge related to his relationship with convicted Ponzi schemer Scott Rothstein. Frank Spinosa, 54, is scheduled to plead...