More Bad News for Scott Rothstein

Scott Rothstein, the lawyer whose firm has gone into receivership after he was accused of defrauding investors through a ponzi scheme, faces more bad news today. The government is seeking civil forfeiture of eight properties belonging to Rothstein, alleging that they were financed with ill gotten gains.

Meanwhile, the court has ordered Toronto Dominion Bank to turn over all records related to Rothstein and his firm to the cour appointed receiver.

This is an update to a story we’ve been following for a week. Earlier reports can be found here and here.

• Rothstein Firm’s Furnishings to be Auctioned
• Records Show Rothstein’s Law Firm Gave More than $6 Million to Non-profits Last Year
• More Details in Rothstein Story – UPDATED
• Man Accused of Massive Ponzi Scheme to Remain in Jail to Await Trial
• Morning Roundup

Posted by joshua on November 9, 2009. Filed under Home,Legal News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry