Indicted South Florida lawyer racked up 20 million credit card points
Published: Tuesday, January 12, 2010 at 6:48 a.m.
Last Modified: Tuesday, January 12, 2010 at 6:48 a.m.
FORT LAUDERDALE, Fla. — A disgraced South Florida lawyer apparently took to heart American Express' slogan to "Never leave home without it."
Court records show Scott Rothstein racked up 20 million reward points on his American Express account. Cardholders typically receive one point for every dollar spent.
Federal authorities want to use that money to pay back victims of Rothstein's alleged $1.2 billion Ponzi scheme.
The once-prominent attorney agreed last week to enter a guilty plea later this month. A grand jury has handed down a five-count indictment charging Rothstein with racketeering, conspiracy and fraud. The alleged scheme, in which investors would buy into bogus legal settlements, ran from 2005 to 2009.
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