This much is certain: Scott Rothstein is going to federal prison for a very long time.
When the convicted Ponzi schemer is sentenced Wednesday morning, prosecutors will seek a sentence of 40 years and the very least he can expect is 30 years, according to even his own defense attorney’s recommendation.
A punishment of up to 100 years, the legal maximum permitted and the sentence recommended by federal probation officials, is still a possibility. Rothstein scored literally off the charts in the pre-sentencing report they prepared for U.S. District Judge James I. Cohn.
Rothstein turns 48 Thursday, which means that “100 years or even less than half that amount … is certainly a “life” sentence, under any circumstance, given Mr. Rothstein’s age,” his defense lawyer, Marc Nurik wrote in his sentencing memo. Continue reading here. Also, Bob Norman is setting the over/under on Rothstein’s sentence at 40 years. I’ll take the over.