20, 40, 60, 80, 100 years will be decided today!

Aventura is home to many celebrities and others in the media, but we’re not claiming Scott Rothstein. Today he’s being sentenced, justice will prevail. In recent weeks the auctions came to a close as his exotic cars and yachts brought in over 5 million. The Wall Street Journal reported that a Sun-Sentinel story stated “In a little over an hour, the 11 cars, four yachts and two WaveRunners brought $5.8 million that will go to a restitution fund for victims of Rothstein’s massive $1.4 billion investment fraud scheme.” -read article

The Miami Herald posted a great article yesterday about the hype for today’s sentencing. Here’s a clip for you to read.

It’s a safe bet that South Florida Ponzi schemer extraordinaire Scott Rothstein will be checking into prison for a very long time when he’s sentenced Wednesday in federal court in Fort Lauderdale.

Street buzz and office pools are betting that U.S. District Judge James Cohn, an Alabama native appointed by President George W. Bush, will give the disbarred lawyer close to the maximum for his crime as the mastermind of South Florida’s biggest financial fraud.

Rothstein, convicted of running a $1.2 billion investment scam, says he deserves no more than 30 years because he pleaded guilty, spilled his guts to the feds and starred in an FBI sting that took down a reputed Italian Mafia figure.

Read more: http://www.miamiherald.com/2010/06/08/1670426/scott-rothstein-faces-day-of-reckoning.html

It will likely be a media frenzy at the courthouse, we’ll update you with the news.

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