Rothstein Ordered To Pay $363M In Restitution

Law360, New York (August 30, 2010, 1:43 PM EDT) -- A federal judge has ordered convicted Ponzi schemer and former Florida attorney Scott W. Rothstein to repay his victims $363 million.

Judge James I. Cohn of the U.S. District Court for the Southern District of Florida ordered the repayment amount at a hearing Monday, according to court documents.

Rothstein, who is currently serving a 50-year sentence, pled guilty in January to operating a $1.2 billion Ponzi scheme primarily involving sham legal settlements out of his Fort Lauderdale, Fla.-based law firm.

Rothstein copped to five counts related...
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