Ponzi Scheme

(Source: Thinkstock)

Adviser Gets 3+ Years Prison In Rothstein $1.2B Ponzi Scheme

A 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.

02/20/2015

(Source: Thinkstock)

Central Florida Men Sentenced To Prison For Ponzi Scheme

A pair of Central Florida men who bilked investors out of almost $19 million have each been sentenced to 10 years in federal prison

02/01/2015

Scott Rothstein (Source: CBS4)

Attorney Gets 18 Months Prison In Rothstein Ponzi Scam

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.

01/31/2015

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No Bail For Music Promoter Accused Of Multi-Million Dollar Fraud

A 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.

01/28/2015

(Source: City of Hialeah)

Ethics Commission Charges Hialeah Mayor Carlos Hernandez With Lying

The Miami-Dade County ethics commission charged Hialeah Mayor Carlos Hernandez Wednesday with lying about loans he made to a convicted Ponzi schemer.

01/15/2015

(Source: Thinkstock)

Top-Name Music Promoter Charged In $300M Fraud To Face Judge

A 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.

01/09/2015

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

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