Sign in to comment!

Menu
Home

Crime & Courts

Fla. Ponzi schemer's wife pleads guilty to hiding $1M in jewelry from federal investigators

The wife of convicted Ponzi schemer Scott Rothstein has pleaded guilty to concealing more than $1 million in jewelry from federal investigators.

Kim Rothstein pleaded guilty to a conspiracy charge Friday in Fort Lauderdale federal court. The 38-year-old woman faces up to five years in prison when sentenced in April.

Scott Rothstein is serving 50 years for operating a $1.2 billion Ponzi scheme that involved investments in fake legal settlements. The hidden jewelry was among the assets investigators sought to seize and auction to repay wronged investors.

Kim Rothstein and four others were charged with illegally concealing and selling some pieces, including a 12-carat yellow diamond ring. Lawyer Scott Saidel previously pleaded guilty for his role and faces sentencing June 7. One of Kim Rothstein's friends also pleaded guilty Friday.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 3.79% dw 3.84%  
15 Y Fixed Graph 2.90% dw 2.95%  
30 Y Fixed Jumbo Graph 4.36% up 4.28%  
5/1 ARM Graph 3.23% -- 3.23%  
5/1 Jumbo ARM Graph 3.54% dw 3.64%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.75% dw 4.76%  
$50K HELOC Graph 4.05% up 4.04%  
$30K Loan Graph 4.99% -- 4.99%  
$50K Loan Graph 4.35% -- 4.35%  
$75K Loan Graph 4.35% -- 4.35%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.67% up 2.65%  
36 M Used Graph 3.18% up 3.17%  
48 M New Graph 2.94% up 2.93%  
48 M Used Graph 2.79% -- 2.79%  
60 M New Graph 3.06% up 3.04%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.41% up 0.40%  
1 yr Graph 0.71% dw 0.72%  
5 yr Graph 1.45% -- 1.45%