FBI: Alleged scheme by Fla. lawyer could top $1B | KXNet.com North Dakota News
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FBI: Alleged scheme by Fla. lawyer could top $1BNov 12 2009 10:23AM
Associated Press NORTH MIAMI BEACH, Fla. (AP) Investigators say the alleged fraud scheme run by a prominent South Florida lawyer is likely to exceed $1 billion and involve thousands of investors. Miami FBI chief John Gilles (GILL-eez) said Thursday morning that investigators want investors with attorney Scott Rothstein to come forward. Rothstein is suspected of misappropriating millions through a legal settlement investment scam. No criminal charges have been filed yet, but in a civil complaint, prosecutors accused Rothstein of concocting a Ponzi scheme that lured millions from investors. Gilles said the investigation is likely to take weeks or longer. (Copyright 2009 by The Associated Press. All Rights Reserved.) APNP 11-12-09 1016CST |
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