2 More Guilty Pleas Related to Rothstein Ponzi Scheme | NBC 6 South Florida

2 More Guilty Pleas Related to Rothstein Ponzi Scheme

Two more people have pleaded guilty to federal charges arising from the fallout of former South Florida lawyer Scott Rothstein's $1.2 billion Ponzi scheme.

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    Scott Rothstein

    Two more people have pleaded guilty to federal charges arising from the fallout of former South Florida lawyer Scott Rothstein's $1.2 billion Ponzi scheme.
     
    Businessmen Patrick Daoud and Eddy Marin admitted Friday to helping Rothstein's wife Kim sell jewelry that federal agents were seeking to confiscate. Daoud pleaded guilty to obstruction of justice and Marin to obstruction of justice conspiracy.
     
    Both face a maximum 20-year prison sentence, but they are likely to get far less time.
     
    Kim Rothstein faces up to five years behind bars after admitting she hid and tried to sell about $1 million in jewelry bought with proceeds from her husband's scam.
     
    Scott Rothstein is serving a 50-year prison sentence. The scheme involved investments in fake legal settlements.

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    Kim Rothstein Pleads Guilty in Jewelry-Hiding Conspiracy

    [MI] Kim Rothstein, Wife of Convicted Ponzi Schemer, Pleads Guilty in Jewelry-Hiding Conspiracy
    Kim Rothstein, 38, entered her guilty plea Friday in Fort Lauderdale federal court. "The plea speaks for itself," said her attorney, David Tucker. (Published Saturday, Feb. 2, 2013)