SCOTT ROTHSTEIN FRAUD-FBI WIDENS THE PROBE, Part 1 of 2
In yet another bizarre and troubling turn the FBI in South Florida today asked the public to come forward with evidence and information regarding the Scott Rothstein structured settlement fraud, which they now estimate may exceed $1 billion in losses. In a special edition of Voices of the Law, Mark Wahlstrom and Jan Schlichtmann discuss how this fraud has smeared the structured settlement industry by falsely implying that Rothstein was selling or manipulating structured settlements, when in fact it was a standard variety, but grand scale Ponzi scheme based on the cash now industry that is plaguing the legal profession. Listen in as The Civil Action Attorney Jan Schlichtmann discusses this fraud, it’s impact on the legal profession and the need for lawyers to stand firm against ethical and financial temptations that put their clients at potential risk.