The Ponzi scheme of Scott Rothstein was one of the largest in Florida history. Rothstein, a prominent attorney in Fort Lauderdale, used his law firm to sell fake legal settlements to investors, promising them high returns. The scheme, which began in 2005, netted Rothstein over $1.4 billion, which he used to fund a lavish lifestyle. However, the scheme began to unravel in 2009, when investors started to demand their returns. Rothstein was arrested on December 1, 2009, and charged with racketeering and conspiracy. He was sentenced to 50 years in prison for his crimes. The investigation into Rothstein's scheme was led by the FBI and the SEC, and involved multiple law enforcement agencies. The case highlighted the importance of due diligence and oversight in preventing Ponzi schemes, and the need for investors to be cautious when investing in high-yield investments.