Thursday, Nov. 5, 2009

Feds search office of lawyer suspected in fraud

FORT LAUDERDALE, Fla. (AP) - Federal agents spent the night searching the law offices of a high-profile South Florida attorney suspected in a massive fraud scheme.

A spokesman for law firm Rothstein Rosenfeldt Adler says firm officials cooperated with FBI and Internal Revenue Service agents during the Thursday morning search.

The investigation focuses on 47-year-old attorney Scott Rothstein, who is suspected of misappropriating millions through investments in legal settlements that could have been faked. Attorneys representing investors say they may have lost more than $100 million.

No charges have been filed against Rothstein. His lawyer declined comment.

Rothstein has raised money for many politicians, including former President George W. Bush and California Gov. Arnold Schwarzenegger.

2009-11-05     15:57:10 GMT

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