Apparently she's a bit like Gollum from The Lord of the Rings, and she must have the precious.
Kim Rothstein, the wife of convicted Ponzi schemer Scott Rothstein, has been charged by federal prosecutors in Fort Lauderdale, FL with "conspiring to hide more than $1 million in jewelry from federal authorities," and "among the items was a 12.08-carat fancy intense yellow diamond ring" as reported by Jon Burstein for the Sun Sentinel.
Scott Rothstein ran a $1.2 billion Ponzi scheme involving his law firm as a front to sell phony legal settlements to investors, and he alleged pervasive public corruption and organized crime in South Florida during deposition testimony last December "arising from the bankruptcy of Rothstein's shuttered law firm, Rothstein Rosenfeldt Adler, and various lawsuits filed by investors" as then reported by Jon Burstein for the Sun Sentinel:
"We were involved in public corruption with politicians," said Rothstein in transcripts of his Dec. 14 testimony released early Friday evening. "We were involved in public corruption with law enforcement. We were involved in activities with mob-related individuals. We were involved in activities involving the physical threats of other individuals. We were involved in the public corruption side of purchasing of political positions. We were involved in the manipulation of the judiciary."
Rothstein was sentenced to fifty years in prison but likely will get a reduction based on his cooperation with the FBI in a sting which resulted in the bust of Miami Beach, FL wine merchant Roberto Settineri whom U.S. and Italian authorities suspect is an intermediary between the Gambino crime family and the Santa Maria de Gesu clan from Cosa Nostra or the Sicilian Mafia. Settineri was sentenced in November 2010 to four years in prison after pleading guilty to conspiracy to commit money laundering.
The feds should declare South Florida a racketeering enterprise and put the region under receivership if Scott Rothstein is to be believed.