Scott Rothstein, the politically connected lawyer and admitted mastermind of a $1.2 billion Ponzi scheme, was sentenced Wednesday to 50 years in federal prison.
U.S. District Court Judge James I. Cohn gave Rothstein, 47, more prison time than federal prosecutors requested.
"Today's sentence punishes the defendant for his thievery....
prison time$1.2 billion Ponzi scheme brings 50-year sentenceDigg - Business & Finance Thu, 06/10/2010 - 04:21
Former HealthSouth executive gets prison timeNewsvine - business Wed, 07/01/2009 - 15:17
A former HealthSouth Corp. finance chief has been ordered to spend three months in federal prison for his role in the $2.6 billion financial fraud that nearly wrecked the company. |
