US Seeks 40 Years For Convicted Schemer Rothstein

Law360, New York (June 7, 2010, 5:45 PM EDT) -- The U.S. government has requested a 40-year prison sentence for convicted Ponzi schemer Scott W. Rothstein, saying the disgraced former lawyer’s “extraordinary” conduct during the case merits a lighter punishment than the maximum of 100 years.

Assistant U.S. Attorney Lawrence D. LaVecchio filed a brief Monday in the U.S. District Court for the Southern District of Florida saying 40 years is appropriate for Rothstein, who was convicted of orchestrating a roughly $1.2 billion scheme primarily involving sham legal settlements.

A hearing on the sentencing requests is...
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