FORT LAUDERDALE, Fla. (AP) - The wife of convicted Ponzi schemer Scott Rothstein is scheduled to plead guilty to concealing more than $1 million in jewelry from federal investigators.
Court records show 38-year-old Kim Rothstein will enter the guilty plea Friday in Fort Lauderdale federal court. Her attorney previously said she would take full responsibility.
Scott Rothstein is serving a 50-year prison sentence for operating a $1.2 billion Ponzi scheme that involved investments in fake legal settlements. The hidden jewelry was among the assets investigators sought to seize and auction to partially repay wronged investors.
Kim Rothstein and four others were charged with illegally concealing and selling some valuable pieces, including a 12-carat yellow diamond ring. Lawyer Scott Saidel pleaded guilty earlier this week for his role and faces sentencing June 7.
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