Scott Rothstein defrauded investors by convincing them to take part in non-existent, out-of-court discrimination and whistleblower settlements. Rothstein’s fraud is described by prosecutors as a classic Ponzi scheme model that paid off previous investors with new investor money. The judge has set an August 20 court date for a restitution hearing for Rothstein. The former chief operating officer of his Fort Lauderdale law firm, Debra Villegas, has been charged with money laundering in the scheme.”]
Source: https://www.cuinfosecurity.com/ponzi-schemer-gets-50-years-a-2632