Ex-TD Bank exec pleads guilty in $1.2 billion Ponzi scheme

A former vice president of TD Bank pleaded guilty Thursday to conspiracy to commit wire fraud in a $1.2 billion Ponzi scheme operated by convicted fraudster Scott Rothstein.Former TD Bank regional vice president Frank Spinosa, 54, was released on $250,000 bail after his arrest last October.A grand jury indictment charged that Spinosa conspired with Rothstein to falsely tell investors that money in certain accounts was payable only to them. Spinosa is also accused of assuring investors that accou