MIAMI (CBSMiami/AP – TD Bank has been ordered by a federal jury in Miami to pay an investment group $67 million for their complicity in disbarred Ft. Lauderdale attorney Scott Rothstein’s $1.2 billion Ponzi scheme.

The verdict came in a lawsuit filed by Texas-based Coquina Investments. The lawsuit claimed Rothstein used a TD Bank branch in Florida and some of its employees to persuade investors that the scam involving phony legal settlements was legitimate.

TD Bank issued a statement saying it was disappointed with Wednesday’s verdict. The bank said Rothstein is to blame for the fraud and that it is considering its legal options.

Rothstein is serving a 50-year prison sentence after pleading guilty in the case. He is cooperating with prosecutors and more people are expected to be charged. There are also several other investor lawsuits pending.

(TM and © Copyright 20121 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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