Wednesday, December 30, 2015

PONZI SCHEMER SCOTT ROTHSTEIN'S LAW PARTNER RUSSELL ADLER LEAVES FEDERAL PRISON EARLY FOR HALFWAY HOUSE



This month, Scott Rothstein's former law partner, Russell Adler, was released from Federal Prison, after serving a little more than one year of his 2 1/2 year sentence. You may recall that Adler was never charged with any role in Rothstein's billion dollar Ponzi scheme, which sold its victims the right to collect on bogus legal settlements. He entered a guilty plea to Federal laws involving contributions to individuals running for public office. Many court observers were puzzled why a name partner in Rothstein's law firm, who would have had some level of involvement in the complicated Ponzi scheme, was only charged with a minor Federal felony. The crime Adler pled to was only tangentially related to the massive criminal conspiracy that was being managed at the law firm. Are we missing something ?


He is headed for a halfway house, which may be as much as six months of his sentence. The question I have is this: I was no math major at the university, but how does the length of his sentence agree with the short period of time that he was in Federal custody ? The court file does not reflect a sentence reduction, nor are there any sealed pleadings, which might contain such an order. The victims of Scott Rothstein's Ponzi scheme deserve to know. 

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