Scott Rothstein's Grift Straight Out of 419 Playbook
|Rothstein executed a classic 419 scam|
That's about the only difference from the way Rothstein set up Morse. Rothstein was a real lawyer, apparently, instead of just some guy posing as one. But otherwise, the game was identical. Rothstein invented a $23 million court settlement, forged federal court documents, and promised Morse access to a phony bank account in the Cayman Islands. All Morse had to do to get his hands on the money was -- guess what? Pay an advance fee.
|If only we could bait him.|
To confiscate the money, the Fort Lauderdale lawyer allegedly told the Morses they had to post a bond 2 ½ times larger than the judgment, or $57 million, the sources said. The large amount was required as a guarantee in case bank officials confiscated the judgment from the wrong account, Rothstein told them.