Ponzi Scheme

Ex-Bank Exec Pleads Guilty In $1.2 Billion Ponzi SchemeA former bank executive faces up to five years in prison for his role in the billion dollar Ponzi scheme masterminded by one-time Ft. Lauderdale attorney, Scott Rothstein.
Ex-Banker To Plead Guilty In $1.2B Rothstein Ponzi SchemeAn ex-banker in Florida is set to plead guilty for his role in a $1.2 billion Ponzi scheme run by ex-lawyer Scott Rothstein.
Former Dolphins CB Will Allen Indicted On 23 FeloniesFormer Miami Dolphins cornerback Will Allen is facing quite a bit of jail time after being indicted on 23 federal felonies.
Trial Date Set For Promoter Accused Of Multi-Million FraudA former South Florida concert promoter accused of operating a $300 million fraud scheme is scheduled to go on trial at the end of this year.
Adviser Gets 3+ Years Prison In Rothstein $1.2B Ponzi SchemeA 71-year-old adviser to a major investor in the $1.2 billion Ponzi scheme operated by Scott Rothstein is going to federal prison for more than three years.
Central Florida Men Sentenced To Prison For Ponzi SchemeA pair of Central Florida men who bilked investors out of almost $19 million have each been sentenced to 10 years in federal prison
Attorney Gets 18 Months Prison In Rothstein Ponzi ScamA 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.
No Bail For Music Promoter Accused Of Multi-Million Dollar FraudA federal judge in Miami has refused to grant bail for a former music promoter who is accused of defrauding more than 3,000 investors out of nearly $300 million.
Ethics Commission Charges Hialeah Mayor Carlos Hernandez With LyingThe Miami-Dade County ethics commission charged Hialeah Mayor Carlos Hernandez Wednesday with lying about loans he made to a convicted Ponzi schemer.
Top-Name Music Promoter Charged In $300M Fraud To Face JudgeA former top-name music promoter accused of operating his company as a $300 million Ponzi scheme is set to appear in front of a South Florida judge on Friday.
Former Miami Beach Concert Promoter Faces $300M Ponzi Scheme ChargesA one-time global concert promoter was extradited from Brazil to Miami on Saturday for allegedly committing a $300 million Ponzi scheme.
U.S. Rep. Garcia Fighting To Keep SeatU.S. Rep. Joe Garcia was considered one of the most vulnerable incumbents by political analysts in 2012. That outlook hasn’t changed on Election Day.