Florida lawyer charged with $1B investment fraud

In this Nov. 5, 2009 file photo of attorney Scott Rothstein, left, and Gov. Charlie Crist, FL-R, hangs in the law offices of Rothstein Rosenfeldt Adler, in Fort Lauderdale, Fla. Rothstein, who lived lavishly and courted both politicians and celebrities was arrested Tuesday, Dec. 1, 2009 on federal charges that he operated a $1 billion investment fraud scheme using faked legal settlements. ((AP Photo/Wilfredo Lee, File))

December 1, 2009 7:39:30 AM PST
A once high-flying attorney who courted politicians and celebrities was arrested Tuesday on federal racketeering and fraud charges alleging he operated a $1 billion investment scheme that used phony legal settlements.

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