US Seeks 5 Years For Cohort In Atty’s $1.4B Ponzi Plot

Law360, New York (September 28, 2011, 4:08 PM EDT) -- U.S. prosecutors asked a Florida federal court on Monday to keep a five-year prison sentence on the table for a technology specialist who admitted his connection to a $1.4 billion Ponzi scheme allegedly perpetrated by former attorney Scott Rothstein.

Curtis Renie should receive 60 months, rather than the 24-month maximum the defense is requesting, because he was responsible for more than $50 million in losses and obstructed justice, prosecutors said.

"The defendant obstructed justice and his objection denying same should be overruled," prosecutors said in response to the defense's objection to...
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