Watch CBS News

Attorney Gets 18 Months Prison In Rothstein Ponzi Scam

Follow CBSMIAMI.COM: Facebook | Twitter

WEST PALM BEACH, Fla. (CBSMiami/AP) — A judge sentenced an attorney to 18 months for his role in a $1.2 billion Ponzi scheme run by disbarred South Florida lawyer Scott Rothstein.

A West Palm Beach federal judge imposed the sentence Friday on 53-year-old David Boden, who previously pleaded guilty to a wire fraud conspiracy charge. Boden admitted helping Rothstein sell fake legal settlements to investors, including one sale in which investors lost about $2.4 million.

Boden, who is cooperating with investigators, is scheduled to report to prison July 27.

More than two dozen people have been charged in the Rothstein scam, which collapsed in 2009. Rothstein himself is serving a 50-year prison sentence after pleading guilty to several charges. His former Fort Lauderdale law firm was dissolved.

(TM and © Copyright 2015 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2015 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 This material may not be published, broadcast, rewritten, or redistributed.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.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.