Close

New Arrest in Rothstein Ponzi Scheme Investigation

More information on the Scott Rothstein Ponzi scheme may be obtained by contacting attorney William Moore in Broward County.

The Sun Sentinel has reported that a Broward County resident has been arrested for wire fraud conspiracy in connection with the Scott Rothstein Ponzi scheme.

Our Criminal Lawyers Report That the Accused Individual Is a Senior Citizen by the Name of Frank Preve

The accused apparently worked for the Banyon Group which apparently managed hedge funds and invested more than $157 million in the Rothstein fraud. Scott Rothstein is currently serving 50 years in a federal prison after admitting to one of the biggest Ponzi schemes in United States history.

The total amount of stolen funds exceeded $1.4 billion. The highly publicized fraud scheme duped investors into believing they were investing with the hopes of high yields generated from sexual harassment or discrimination lawsuits which were alleged to have been handled by Rothstein’s law firm. Criminal lawyer William Moore explained that neither the lawsuits or settlement amounts actually existed. Apparently they were made up in an effort to mislead investors. Preve’s role in the scheme was to obtain and coordinate fraudulent investments according to law enforcement officers.

More information on the Scott Rothstein Ponzi scheme may be obtained by contacting criminal attorney William Moore in Broward County.


Client Reviews
★★★★★
William Moore saves the day once again... I can’t thank him enough for helping me get my life back on track...You’ll be glad he’s on your defense team, I guarantee it. Eric Bailey
★★★★★
William is an amazing lawyer on the first day he took my case from a felony to a misdemeanor. He always answered my calls and text messages, never a problem. He was always the one in court not sending someone else, unlike my last lawyer. 10/10 would recommend. If I ever have any other problems, he will be the first person I call. Shane B.
Contact Us