Wife of jailed Fla. Ponzi schemer charged

AP News
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Posted: Sep 06, 2012 2:09 PM
Wife of jailed Fla. Ponzi schemer charged

FORT LAUDERDALE, Fla. (AP) — The wife of an imprisoned Florida Ponzi schemer is accused of concealing more than $1 million in jewelry.

Prosecutors filed money laundering and other charges Thursday against 38-year-old Kim Rothstein and four other people. Court documents say the group conspired to hide and sell jewelry purchased with ill-gotten gains.

A lawyer for Kim Rothstein didn't immediately return an email seeking comment. If convicted she faces up to five years in prison.

Prosecutors are seeking forfeiture of jewelry including a two diamond rings weighing more than 12 carats each, including an engagement ring. Other items include 10 valuable watches, gold and platinum necklaces and bracelets, earrings, gold coins and gold bars.

Her husband, Scott Rothstein, is serving a 50-year prison sentence for fraud involving fake legal settlements.