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FORT LAUDERDALE (CBSMiami/AP) — Kim Rothstein, the wife of convicted Ponzi schemer Scott Rothstein, has won a three-month delay in her sentencing for a conspiracy charge so she can possibly testify in a related case.

The attorney for 39-year-old Kim Rothstein says in documents filed Thursday that she could get a reduced sentence in return for cooperation with prosecutors. Rothstein now faces up to five years behind bars for concealing and trying to sell more than $1 million in jewelry that investigators wanted to seize.

Trial on obstruction of justice and perjury charges is set for June for two people accused of helping sell the jewelry. A judge on Thursday approved delaying Rothstein’s sentencing from next week until July.

Scott Rothstein is serving 50 years for operating a $1.4 billion Ponzi scheme involving fake legal settlements, the largest such fraud in South Florida history.

(TM and © Copyright 2013 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 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 This material may not be published, broadcast, rewritten, or redistributed.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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