Ponzi Scheme

Stacey Carter, John Legend, Zascha, and Jack Utsick attend the wrap party for musician Alicia Keys' "Diary Tour" at Blvd  April 21, 2005 in New York City.  (Photo by Frank Micelotta/Getty Images)

Former Miami Beach Concert Promoter Faces $300M Ponzi Scheme Charges

A one-time global concert promoter was extradited from Brazil to Miami on Saturday for allegedly committing a $300 million Ponzi scheme.

12/08/2014

Congressman Joe Garcia

U.S. Rep. Garcia Fighting To Keep Seat

U.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.

11/04/2014

(AP)

Ex-TD Bank Exec Charged In Billion Dollar Ponzi Scheme

Former TD Bank executive Frank Spinosa has been charged for allegedly deceiving investors in the $1.2 billion Ponzi scheme operated by convicted scammer Scott Rothstein.

10/10/2014

Flanked by his attorneys, Stuart Rosenfeldt leaves federal court.  (Source: Jasmine Kripalani/CBS4)

Scott Rothstein’s Ex-Law Partner Sentenced To Prison

A former law partner of convicted Ponzi schemer Scott Rothstein has been sentenced to nearly three years in federal prison.

10/02/2014

(Source: Republican Party Of Florida)

Scott Defends Political Ad After Mystery Man Identified

Florida Governor Rick Scott is defending an attack ad where a man claimed he was swindled by gubernatorial candidate Charlie Crist and convicted Ponzi schemer Scott Rothstein.

09/17/2014

(Source: AP)

Rothstein Ex-CFO Gets 5 Years Prison In Fraud

A former chief financial officer of Scott Rothstein’s law firm was given the maximum sentence Friday for her role in the $1.2 billion fraud.

08/29/2014

(Source: CBS4)

Second Florida Sheriff’s Deputy Gets Prison In Ponzi Case

A second former Broward Sheriff’s Office deputy has been sentenced to prison for falsely arresting a woman as part of a $1.2 billion Ponzi scheme operated by a disbarred lawyer.

07/24/2014

(Credit: Thinkstock)

Ex-BSO Lt. Sentenced For Role In Rothstein Ponzi Scheme

Another player in former attorney Scott Rothstein’s $1.2 billion Ponzi fraud has faced the music for his role in the scam. On Monday, former Broward Sheriff’s lieutenant David Benjamin, 48, was sentenced to five years in federal prison after he pleaded guilty to conspiracy.

07/21/2014

Scott Rothstein (Source: CBS4)

$50 Million Forfeiture Deal In Rothstein Case

A forfeiture deal was reached Tuesday in the case of the convicted Ponzi schemer Scott Rothstein.

07/15/2014

(Source: Thinkstock)

Scott Rothstein Partner Sentenced To Federal Prison

A former law partner of Ponzi schemer Scott Rothstein has been sentenced to two and a half years in federal prison for making illegal campaign donations to Republican candidates.

06/27/2014

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