Feds seize assets of Fla. lawyer in fraud probe
November 12, 2009
Total Loss:
$100 million
Federal agents began seizing assets Monday of a lawyer suspected of orchestrating a multimillion-dollar fraud scheme, including his bright red Ferrari, boats and bank accounts. FBI and Internal Revenue Service agents spent much of the day taking inventory at the $6.4 million home of attorney Scott Rothstein, where several of his luxury cars and boats are kept. Assets are typically seized in fraud investigations so they may later be sold to repay wronged investors.
Source:
AP
Posted in:
Internal Fraud