May 08, 2012
A Florida federal judge on Tuesday dismissed racketeering claims against two banks that investors say helped convicted Ponzi schemer Scott Rothstein bilk them out of $40 million, ruling racketeering claims can't be brought for securities fraud.
July 29, 2011
Nearly five dozen victims of Scott Rothstein's massive Ponzi scheme sued TD Bank NA and Gibraltar Private Bank & Trust on Thursday in Florida, saying they lost nearly $40 million in part because the bankers helped the attorney carry out his scheme.