While the infamous South Florida attorney Scott Rothstein netted billions in fraudulent takings from unwitting financial participants in his 2009 Ponzi scheme, one prominent Miami trial attorney involved in getting a large portion of investor money back is taking another swing at the next Ponzi-like scheme to rock the area.
“Four thousand people were involved in this scheme putting over half a billion dollars into this operation that was run by these ‘used-car’ salesman-type people,” said William R. Scherer, co-founder and managing partner at Conrad & Scherer.