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: Structured Settlements 4RealScott Rothstein Sentenced To 50 Years in Slammer for $1.2B Pre Settlement Funding Ponzi Scheme
By John Darer
The shark infested waters in South Florida now have one less shyster as a Federal Judge sentenced former lawyer Scott Rothstein to 50 years in jail today. Mislabeled both as a mini-Madoff and a purveyor of structured settlements, it seems unlikely that the cherubic Rothstein will achieve the cult like status in the slammer that the New York Post recently reported being conferred on Bernard Madoff in Butner, NC.
While Madoff will possibly be synonymous with Ponzi, Rothstein will simply be a footnote-another arrogant little prick who had it all and blew it.
Full post as published by Structured Settlements 4Real on June 09, 2010 (boomark / email).
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