Lawyers and money laundering – some case studies

Tweet Case Studies on Lawyers & Money Laundering Scott Rothstein The 50-year prison sentence imposed on Scott Rothstein in July of this year for running a US$1.2 billion Ponzi scheme from his Florida law firm, money laundering and stealing client trust funds, is the latest in a series of high-profile money laundering cases involving lawyers […]

Law firm COO gets 10 year sentence for money laundering in Ponzi scheme

Tweet Debra Villegas, former chief operating officer of the now-defunct Fort Lauderdale law firm run by Scott Rothstein, was sentenced to a term of imprisonment of 10 years and ordered to pay US$363 million in restitution today in Florida. Villegas forged signatures on fabricated legal settlements that were sold to wealthy investors. Earlier this year, […]

Florida lawyer pleads guilty to running US$1.2 billion Ponzi scheme

Tweet Scott Rothstein, a Florida lawyer who co-founded the now-defunct firm, Rothstein Rosenfeldt Adler, pleaded guilty to running a US$1.2 billion Ponzi scheme and five counts of RICO conspiracy, fraud and money laundering in the biggest investment fraud case in South Florida history. Rothstein, 47, is expected to receive a 30 to 50 year sentence […]