July 29, 2014
Stephen Caputi, an accomplice of Ponzi schemer Scott Rothstein, has had his prison term reduced by one-third and most of $29.1 million in restitution removed in light of his assistance leading to several other convictions, including those of the other principals in Rothstein's law firm.
August 24, 2011
Stephen Caputi, who posed as a banker or settling plaintiff to help now-imprisoned attorney Scott Rothstein fleece investors in a $1.4 billion Ponzi scheme, was sentenced Wednesday to five years in prison and told to cough up $29 million in restitution.