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Scott Rothstein Set for Two-Week Deposition in Miami

Rothstein is serving a 50-year prison sentence

Saturday, Dec 10, 2011 | Updated 10:20 AM EDT

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Scott Rothstein is shown in his office.

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Rothstein's Watch Auction

More than 200 watches that were acquired by Scott Rothstein are set to be auctioned on Wednesday.

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Convicted Ponzi schemer Scott Rothstein will undergo questioning by at least 30 lawyers involved in several civil lawsuits stemming from the $1.2 billion fraud.

Rothstein's deposition will take place behind closed doors in Miami beginning Monday. The marathon session is expected to last two weeks.

A Fort Lauderdale law firm is asking a bankruptcy judge to allow transcripts of the sessions to be made public as soon as possible after each day. A hearing on that is scheduled for Tuesday.

Rothstein is serving a 50-year prison sentence after pleading guilty to several charges in the fraud scheme. It revolved around investments in fake legal settlements.

Rothstein is being held at an undisclosed prison under a witness protection program because he helped investigators convict a man with ties to organized crime.