Jim Ellis (left) worked as a Ponzi pitchman for George Elia (right).

James F. "Jim" Ellis, the Ponzi pitchman who duped his Wilton Manors friends of $10 million, was sentenced on Tuesday to three years in federal prison.

Ellis, 70, worked for fraudster and former day trader George Elia and used Elia's wealth as a means to convince friends to invest money, even some of their life savings, for the better part of six years.

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Former Pahokee high school, Florida State Seminole, and current Super Bowl champion Baltimore Ravens wide receiver Anquan Boldin is being questioned about a now-dissolved company that he was once a shareholder with that's being accused of running a massive Ponzi scheme.

The then-Palm Beach County-based Hawk Systems Inc. is being accused of a scheme where a reportedly $30 million has vanished.

Boldin, 32, reportedly fronted the company $250,000 back in 2008, and recruited other NFL players to invest with promises of millions in return.

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Ponzi schemer Scott Rothstein's wife, Kim Rothstein, pleaded guilty on Friday on her conspiracy charge to commit money laundering after it was discovered that she and her pals concealed more than $1 million worth of jewelry from the federal government, including a 12.08-carat diamond ring worth 450 grand.

Her hubby is currently serving 50 years in federal prison for orchestrating the largest investment fraud in South Florida history.

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CelebrityNetWorth

Not even Don King, the unflappable cartoon-like boxing promoter, was safe from the long paper trail following Scott Rothstein's $1.4 billion Ponzi scheme. He settled a $700,000 lawsuit for $30,000 this week.

Herbert Stettin, trustee for Rothstein's closed law firm, Rothstein Rosenfeldt Adler, sued King's Deerfield Beach-based Don King productions in late 2011 in connection with the firm's sponsorship of the "Valentine's Day Massacre" held in 2009 at the former BankAtlantic Center.

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Ponzi schemer Scott Rothstein's wife, Kim Rothstein, was charged in September with conspiracy to commit money laundering after it was discovered that she and her pals concealed more than $1 million of jewelry from the federal government, including a 12.08-carat diamond ring worth 450 grand.

Prosecutors say Rothstein, her former attorney Scott Saidel, and her friend Stacie Weisman had cooked up a scheme to sell the jewelry and then persuade Mr. Ponzi himself to lie during a sworn deposition when he was asked about the diamond ring.

All three appeared in a brief court hearing on Wednesday afternoon and say they are ready to take plea deals on February 1 for their roles in the conspiracy.

See also:
Kim Rothstein, Wife of Ponzi Schemer Scott, Charged With Conspiracy to Commit Money Laundering

According to Rothstein's lawyer, David Tucker, Kim will plead guilty to the conspiracy to commit money laundering, obstruct justice and tamper with a witness charge.

"She has accepted responsibility for what she has done and is looking forward to moving on with her life and putting this insanity behind her," Tucker told reporters after the court hearing.

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Convicted Ponzi plotter Scott Rothstein's wife, Kim, and her three friends were charged with conspiracy to commit money laundering last week.

Kim and her pals allegedly hid more than a million bucks worth of jewelry from Uncle Sam, including a giant, wrist-spraining, 12.08-carat diamond ring.

Turns out that there was a reason she was all, Nope. No ring. Nothing to see here. Move along.

Because it's estimated to be worth $450,000.

Oh Kim, you sly minx!

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Remember Scott Rothstein? The dirtbag who is currently serving 50 years in federal prison for running the largest investment fraud in South Florida history?

Well, turns out his wife is equally devious (allegedly!) because it looks like she also might be going straight to jail without passing GO and without collecting $200.

Kim Rothstein, her attorney Scott Saidel, and her friend Stacie Weisman were charged Thursday morning with conspiracy to commit money laundering.

Prosecutors are alleging that Rothstein and her pals concealed more than $1 million of jewelry from the federal government, including a 12.08-carat diamond ring.

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The Miami Heat has reached a settlement to recoup part of what it says was a $3 million loss from its involvement in the $1.4 billion Scott Rothstein Ponzi scheme, according to documents filed Tuesday.

The RRA bankruptcy trust initially sued the Heat and its affiliate, Basketball Properties Ltd., to get back $156,000 Rothstein paid them that lawyers said actually belongs to investors; the Heat responded with a counterclaim saying its company is owed $3 million.<

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"Investors."

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Levin (left) with Rothstein.

Update, 4:25 p.m.: The post has been changed to reflect that the line of questioning was specifically about Preve and did not involve Levin.

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