November 14: Attorney Bill Scherer said the Rothstein Rosenfeldt Adler law firm has a $500 million malpractice insurance policy, but that if everybody lawyers up and sues then they may be no money for the victims because the money will be used to reimburse legal fees. Scherer said investors should allow attorneys to make a claim in state court against TD Bank, so that lawyers don't chew up all the money.
November 14: The Sun-Sentinel reports that 28 city police officials, including captains, majors, undercover officers and the department spokesman, helped guard Rothstein's home and businesses.
November 16: Attorney Bill Scherer, who represents several defrauded investors, says that he has verified that Rothstein wired $18 million to Morocco shortly before Rothstein flew there on Oct. 27. "Whether it came back or not, I don't know," Scherer said. More than $200 million went through Rothstein's accounts in October, according to Scherer.
November 17: The Florida Bar's executive committee approves Rothstein's request for disbarment a day after he submitted it to the Fort Lauderdale office.
November 18: Fort Lauderdale's Holy Cross Hospital announces that it is rejecting a $1-million donation from Rothstein "in light of the recent allegations" against him.
November 20: Attorney Bill Scherer fileds a lawsuit on behalf of investors who say they were defrauded by Rothstein, with help from a few others and TD Bank.
November 20: Defense lawyers for Tony Villegas say they would conducta parallel investigation into attorney Melissa Britt Lewis' March 2008 murder in the wake of the Ponzi scheme allegations involving Rothstein and the the RRA law firm, where Lewis worked at the time of her death.
November 20: The Florida asks the state Supreme Court to disbar Rothstein.
November 20: The RRA law firm moves into Chapter 11 bankruptcy. Federal Judge Raymond B. Ray rules the firm will be allowed to pay for employees' health insurance and the small payroll of the remaining 14 employees.
November 20: A Fort Lauderdale family who invested more than $100 million with file a lawsuit against him, TD Bank and three of its executives, and four people inside Rothstein's law firm. The ivestors' lawsuit says that Linda and Doug Von Allmen and his stepson, Dean Kretschmar, bought into the scheme with assurances from TD Bank, whose executives duped them and helped Rothstein manipulate bank statements.
November 23: Rothstein's tentacles extended into nearly 100 corporations and businesses, according to federal prosecutors, including a California software company and a Pembroke Pines nightclub, as well as equity interests in two banks, a chain of fancy restaurants, a luxury watch business, a mortgage company and an alternative biofuel company. according to new documents filed in federal bankruptcy court . The court documents listed more than $17 million in bank accounts, including $15 million in three Moroccan accounts aaccording to new documents filed in federal bankruptcy court
November 24: Gov. Charlie Crist suspends Rothstein, his appointee, from the Fourth District Court of Appeals Judicial Nominating Commission.
November 25: The Sun-Sentinel reports about 30 charities that were recipients of gifts from Rothstein have been asked to return the money in 10 days or face a lawsuit, according to a letter sent by the trustee and attorneys handling RRA's federal bankruptcy case.
November 25: The Sun-Sentinel reports on a confidential offering memo to potential investors dated April 30 by Fort Lauderdale hedge fund operator George Levin offering some staggering numbers: His Banyon companies had already bought more than $1 billion in legal settlements from Rothstein. The cost: $657 million. By the end of March, the companies had been paid $531 million in returns. They listed another $559 million still due from the investments. He was soliciting money for his new hedge fund: Banyon Income Fund Limited Partnership. The memo was in court papers.
November 25: A new court filing expands on a lawsuit filed on behalf of Doug Von Allmen and other investors. It adds seven new defendants, including Levin, Banyon, and Irene Stay, the chief financial officer of Rothstein's law firm. The suit says that on Nov. 1, a group of 17 Rothstein investors - including Ed and Ted Morse of the auto dealership family - convened, and George Levin told the group that he had reached out to Rothstein to let him know Banyon could cover shortfalls,.
November 26: It is reported that the Florida Bar has opened investigations into four attorneys who worked at Rothstein's now defunct law firm: Stuart Rosenfeldt, co-founder and co-owner of the Rothstein Rosenfeldt Adler law firm in Fort Lauderdale, Russell Adler, David Boden and Grant Smith, said Florida Bar spokesman Francine Walker.
November 27: Federal prosecutors file an amended forfeiture suit Rothstein added four multimillion-dollar properties to their seizure list properties include a Boca Raton home formerly owned by auto dealership magnate Ed Morse which was bought by Morse in January for $9 million but prosecutors say was bought by a Rothstein company, JB Boca M Holdings LLC, in September for $7.2 million.Other properties include two side-by-side homes on Narragansett Bay in Rhode Island bought for $5.6 million and a Manhattan condo bought for $6 million. Prosecutors also are seeking to seize two commercial properties in Boca Raton.
December 1: Rothstein is arrested on federal charges accusing him of racketeering and conspiracy to commit fraud in a massive $1.2 billion Ponzi scheme he allegedly ran from his law firm in downtown Fort Lauderdale. A handcuffed Rothstein, 47, was escorted by federal agents into the FBI office in North Miami Beach shortly before 8 a.m. He was picked up by agents at an undisclosed Broward hotel. He pleads not guilty to five charges in federal court, punishable by 100 years in prison. The charges include including racketeering, conspiracy to commit money laundering, conspiracy to commit fraud, wire fraud and mail fraud.
December 2, 2009: Newly filed court documents show that Rothstein quietly reached a deal with federal prosecutors last month to surrender his homes, cars and all of his business interests. Also U.S. District Judge James Cohn issues an order scheduling Rothstein's trial to open Jan. 11 at the federal courthouse in Fort Lauderdale
December 3: Top 20 Rothstein creditors with unsecured claims revealed. They are:
Banyon Investments, LLC, of Fort Lauderdale- $320,613,539
Ira Sochet Trustee, of Miami- $147,300,000
Banyon 1030-32, LCC, of Fort Lauderdale- $146,272,500
Banyon Funding, LCC, of Fort Lauderdale- $143,959,630
Banyon Income Fund LP, of Fort Lauderdale- $130,877,024
EMESS Capital LLC, of Brooklyn, NY- $60,000,000
Morse Operations, of Fort Lauderdale- $44,482,110
Coquina Investments, of Corpus Christi, TX- $37,700,000
Banyon Resources, of Fort Lauderdale- $33,471,250
ABS Capital Funding, of Surfside- $31,000,000
Shimon Levy, of Sunrise- $28,145,000
D3 Capital Club LLC, of Fort Lauderdale- $13,500,000
Ovadia Levy, of Plantation - $12,551,100
Attorney Herman Shtern at law IOTA Trust- Brooklyn- $11,000,000
Wak Boys LLC, Montvale, NJ- $8,780,000
Investors Risk Advantage, of Miami- $7,450,000
Daniel Minkowitz, of Plantation- $6,475,000
Caro Group, of Miami- $5,330,000
Serber & Associates, of Miami- $5,280,000
Via Salve LLC, Wheaton, Ill.- $5,000,000
December 5: The Sun-Sentinel reports that Rothstein's reported compensation at his law firm last year averaged close to $100,000 a day, or nearly $3 million per month, according to a court-appointed trustee in the firm's bankruptcy case.
December 7: U.S. District Judge James I. Cohn orders that none of Rothstein's assets are prematurely sold or transferred or damaged. The assets include 24 properties in Florida, New York and Rhode Island and numerous exotic cars included Ferraris and Rolls-Royces.
December 11: The Sun Sentinel reports that the city of Fort Lauderdale is investigating whether an August 21 traffic accident case was improperly influenced by Police Chief Frank Adderley 's friendship with Rothstein. Photos emerged the day before that appear to show Adderley at a crash scene, standing inches from Rothstein. Involved in the crash: a close friend of Rothstein's, Muhammad "Moe" Sohail of Ultimate Cigars, riding as a passenger in his Bentley.
Sources: Sun Sentinel, Rothstein Rosenfeldt Adler website, US States News, South Florida Business Journal, Las Olas Lifestyle
Compiled by Sun Sentinel researcher Barbara Hijek