Monthly Archives: November 2020
Former Ponzi Schemer Rothstein Loses Plea for Reduced Sentence
One of the larger Ponzi schemes to ever make the news unfortunately came from South Florida, and even more unfortunately came at the hands of a then-licensed, seemingly successful attorney. Scott Rothstein had a large law firm, but was brought down when it was discovered that much of his earnings, and the investments he… Read More »
Cryptocurrency Investors are the Latest Ponzi Scheme Target
When it comes to Ponzi schemes, it seems like there are always new ways to try to defraud people. Recently, the popular scheme was about cryptocurrency, an already somewhat risky investment, even when no Ponzi scheme is involved. What is Cryptocurrency? Cryptocurrency is currency that exists solely online and that is “mined” by computers…. Read More »
