A disbarred Florida lawyer surrendered to the FBI Tuesday to face charges he ran a Ponzi scheme that bilked investors out of more than $1 billion, federal prosecutors said.

Scott Rothstein, who fled to Morocco in late October but return to Florida in early November, was scheduled to appear before a federal magistrate in Fort Lauderdale Tuesday, a spokeswoman for the U.S. attorney's office said.

(Reporting by Jane Sutton, editing by Vicki Allen)