The law firm of Donchess & Notinger P.C., representing business clients throughout Massachusetts and New Hampshire with expert legal counsel in the areas of financial restructuring, bankruptcy, employment law and commercial litigation, and appointed to help the trustee overseeing the bankruptcy of Financial Resources Mortgage and CL&M, stated in court filings yesterday the case has [...]
Continue reading...Wednesday, January 27, 2010
Disbarred attorney Scott Rothstein will plead guilty to running a $1.2 billion Ponzi scam in a Fort Lauderdale , Florida federal court today. Rothstein was charged in December with five counts of racketeering, fraud and money laundering. He faces up to 100 years in prison. He may only receive a 30 year sentence because he [...]
Continue reading...Tuesday, December 29, 2009
Scott Rothstein’s office furniture inside the office of Rothstein Rosenfeldt & Adler, will be sold to the highest bidder at an auction on Jan. 23 in Tamarac, Fla. U.S. Bankruptcy Judge Raymond B. Ray approved a request last week by the firm’s bankruptcy trustee to allow Fisher Auction to sell everything inside the office, including oriental [...]
Continue reading...Wednesday, December 23, 2009
According to financial records made public late Tuesday, the law firm of accused financial swindler Scott Rothstein gave a whopping $6.06 million to non-profit groups and other foundations last year. Records show that the bankrupt Rothstein Rosenfeldt Adler firm made these contributions to at least 113 organizations. These documents were part of a filing in U.S. [...]
Continue reading...Tuesday, December 1, 2009
Scott Rothstein, the Florida attorney whose alleged ponzi scheme has been chronicled here over the last two weeks, will be charged today with criminal racketeering according to a story from the AP. The government has already initiated seizures of his property, including a large and valuable car collection and a New York condo in [...]
Continue reading...Wednesday, November 25, 2009
In an update to this story, Scott Rothstein, the Florida lawyer accused of running a massive ponzi scheme, has been officially disbarred. Although he submitted his request to the Florida Bar Association earlier this week to have his license stripped, it did not become official until action was taken by the State Supreme Court. [...]
Continue reading...Thursday, November 19, 2009
Bowing to the inevitable, Scott Rothstein has formally requested his own permanent disbarment. The south Florida lawyer whose firm has dissolved under a cloud of scandal after a ponzi scheme run by Rothstein came to light sent the Florida Bar a written request to be disbarred rather than face a certain disciplinary hearing. [...]
Continue reading...Wednesday, November 11, 2009
New allegations have emerged against Scott Rothstein, the Florida lawyer accused of running a ponzi scheme and dragging his firm down in the process. These new allegations are a little hard to believe, if only because it’s hard to imagine that Rothstein could have possibly expected to get away with it. The story comes from [...]
Continue reading...Monday, November 9, 2009
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 [...]
Continue reading...Tuesday, November 3, 2009
For our original article on the story, click here. Scott Rothstein, founding partner of the Florida firm Rothstein Rosenfeldt Adler, remains incommunicado after taking off last week. He is believed to be in Morocco, and his attorney has said he would return today. The firm has hired a former US attorney to [...]
Continue reading...
Sponsored by |
Friday, February 26, 2010
0 Comments