Gambino Crime Family

Ponzi scheme lawyer wants US to cut 50-year sentence

The disbarred Florida lawyer convicted of orchestrating a $1.2 billion Ponzi scheme wants prosecutors to keep their promise to reduce his 50-year prison sentence, citing his extensive cooperation.

Such offers usually call for about a one-third reduction, but the government in September sought to withdraw its offer to cut Scott Rothstein's prison term, contending that he violated his plea agreement by providing false information and lying.

The attorney for Rothstein said in court documents Monday that Rothstein deserves a lesser sentence because he voluntarily returned to Fort Lauderdale from Morocco in 2009 as the scam fell apart and helped convict more than two dozen people...