Jun.02, 2010, 3:05 PM ET
Enrique Ros is no doubt wishing he never met Scott Rothstein.
But he did, and now Rothstein’s former bodyguard is paying the price for getting mixed up in the Ponzi scheme in which Rothstein bilked investors out of more than $1.2 billion. Ros on Wednesday pleaded guilty to conspiring to shred financial documents at Rothstein’s request, according to the Miami Herald.
Ros, along with two others—including a man with alleged ties to the Mafia—agreed to share in $79,000 of alleged Ponzi scheme proceeds in exchange for trashing the records of Rothstein’s fraud. Despite receiving payment, the defendants never actually did so. Federal prosecutors discovered their involvement after Rothstein recorded phone calls and meetings with the defendants last fall.
Ros met Rothstein through a security gig at the former Gianni Versace mansion in South Beach. Rothstein hired Ros’s employer for the new nightclub and Italian restaurant planned for the late fashion designer’s lavish home, a venture in which Rothstein had a stake.
A federal judge in August will sentence Ros on one charge of obstruction of justice. He had previously faced additional charges, such as money-laundering conspiracy, but prosecutors dropped those in a plea agreement. Ros faces about a year behind bars.