Fort Lauderdale investor George Levin, whose $775 million in investments were the biggest losers in Scott Rothstein’s $1.2 billion Ponzi scheme, said in a deposition Monday that he “absolutely did not know” Rothstein was running a fraud.

Miami Beach financier Ira Sochet, the second largest investor in Scott Rothstein’s Ponzi scheme, has agreed to settle with the defunct Rothstein law firm’s bankruptcy trustee for $25 million. If approved in court, the agreement would be one of the largest settlements to date in the case.

In a hearing this week, an attorney representing unsecured creditors who claim they lost $165 million in Scott Rothstein’s Ponzi scheme accused the bankruptcy trustee for Rothstein’s defunct law firm of excessively billing the estate for professional fees and “taking actions that are wasteful.”

The bankruptcy trustee for Scott Rothstein’s defunct law firm has filed a lawsuit against former Rothstein Rosenfeldt Adler partner and powerful Republican operative Roger Stone, as part of his efforts to recover funds for victims of Rothstein’s $1.2 billion Ponzi scheme.

The trustee trying to recover funds from victims of Scott Rothstein’s Ponzi scheme has filed a $112 million suit against Ira Sochet, Rothstein’s second-largest investor.