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: Breaking Legal NewsLawyer charged in fraud gave $6M to nonprofits
By (Breaking Legal News)
A defunct South Florida law firm run by an attorney now charged with operating a huge Ponzi scheme gave more than $6 million in the past year to charities and nonprofit groups.
A federal bankruptcy court filing details contributions by the firm Rothstein Rosenfeldt Adler to more than 100 organizations. Former firm CEO Scott Rothstein has pleaded not guilty to racketeering and other charges stemming from what prosecutors say was a $1.2 billion Ponzi scheme involving legal settlement investments.
The biggest amount was more than $2.5 million to Rothstein's own Rothstein Family Foundation. Big donations also went to Boys and Girls Clubs, arts groups, Jewish organizations and several groups affiliated with professional athletes.
Full post as published by Breaking Legal News on January 04, 2010 (boomark / email).
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