Broker latest guilty plea in Rothstein Ponzi scam

Published



WEST PALM BEACH, Fla. (AP) — A South Florida broker has become the latest person to plead guilty in the $1.2 billion Ponzi scheme operated by convicted swindler Scott Rothstein.

Richard Pearson of Miami pleaded guilty last week to wire fraud conspiracy. Pearson faces up to five years in prison when he is sentenced Jan. 9.

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