Ponzi Schemer Scott Rothstein Sentenced to 50 Years

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Lawyer-turned-imaginary-financial-titan Scott Rothstein was sentenced to 50 years in prison by a federal judge today for running a $1.2 billion Ponzi scheme. Rothstein — who fled to Morocco after his scheme collapsed — had argued he deserved a lighter sentence due to his cooperation with officials, which included taking part in an FBI sting operation that captured an alleged Mafia figure. (via The Miami Herald)

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