Ponzi Schemer Scott Rothstein's Wife Kim Gets Sentence Delay

Kim Rothstein facing 5 years behind bars for concealing and trying to sell more than $1 million in jewelry

Friday, Apr 12, 2013  |  Updated 6:49 AM EDT
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Kim Rothstein Speaks, Bodyguard Fights

AP

In this June 9, 2010 file photo, Kim Rothstein prepares to get in a car as she leaves federal court in Fort Lauderdale, Fla. Rothstein, the wife of imprisoned Ponzi schemer Scott Rothstein, was charged Thursday, Sept. 6, 2012 in Fort Lauderdale, Fla. with money laundering conspiracy and other charges for allegedly concealing more than $1 million in jewelry from federal investigator and later attempting to sell some of it. Scott Rothstein is serving 50 years in prison for operating a $1.2 billion ponzi scheme using faked legal settlements.

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Kim Rothstein 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.

Raw Video: Kim Rothstein Walking into Court on Wednesday

Raw Video of Kim Rothstein walking into the courthouse on Wednesday. The wife of convicted Ponzi schemer Scott Rothstein is expected to make her first appearance in federal court on charges she tried to hide jewelry bought with proceeds from the scam from the government.
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The wife of convicted Fort Lauderdale Ponzi schemer Scott Rothstein has won a three-month delay in her sentencing for a conspiracy charge so she can possibly testify in a related case.
 
The attorney for 39-year-old Kim Rothstein says in documents filed Thursday that she could get a reduced sentence in return for cooperation with prosecutors. Rothstein now faces up to five years behind bars for concealing and trying to sell more than $1 million in jewelry that investigators wanted to seize.

Kim Rothstein Pleads Guilty in Jewelry-Hiding Conspiracy
 
Trial on obstruction of justice and perjury charges is set for June for two men accused of helping sell the jewelry. A judge on Thursday approved delaying Rothstein's sentencing from next week until July.
 
Scott Rothstein is serving 50 years for operating a $1.2 billion Ponzi scheme involving fake legal settlements.

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