Inside the Rothstein Swindle, Part III
A good source has been telling me for the past week that Scott Rothstein began wiring large sums of money out of the country during the weeks before he fled to Morocco. He told me that his sources at TD Bank put the figure at $200 million total -- including the $16 million to $18 million he allegedly wired just before leaving the country on October 27 -- and that most of it appeared to have gone to Morocco.
This morning, the Miami Herald is reporting a similar figure from federal sources, who say Rothstein accessed investors' TD accounts via computer to move the money out of the country. There are a whole lot of questions hanging in the air. The most obvious: Where did all that money go, and will it be returned?
The investor whose story with Rothstein has been detailed in parts I and II of this series hopes so. His investment money -- along with others who pooled together millions of dollars with him -- was in those TD Bank accounts that Rothstein allegedly raided.
During the course of hammering out the deal, the investor worked almost exclusively with David Boden, general counsel for the Rothstein Rosenfeldt Adler law firm. Boden also drafted all the legal documents involved in the deal. The investor also learned during the course of the deal that the sole keeper of all Rothstein's investment scheme records was Debra Villegas, Rothstein's chief operating officer and second in command.
He never met or heard of Rothstein's uncle, Bill Boockvor, who is also suspected to have been deeply involved in the scheme.
Other than that, the investor was largely in the dark, in part because the deal that Rothstein created was so confidential in nature. Breaking it down, it's a complicated deal that has some glaring holes.
Rothstein told the investor that he represented unnamed whistleblowers at a secret company who had discovered that the company was defrauding the government in a contract and actively covering it up. Rothstein's firm had already negotiated settlements between the company, which knew it was caught, and the whistleblowers, who were all due substantial sums of money.
For reasons that remain dubious to me, the secret company didn't want to pay out the settlements up front. The whistleblowers, however, wanted their money right away and were willing to take substantially less money -- about 40 percent less, in fact -- for the privilege.
The deal was that the investors would pay the whistleblowers the fraction of the settlements they were owed. That money would go into one trust account that was to be accessed only by the whistleblowers.
Here is an example of the legal documents involving a Rothstein investment deal that was signed in April. The names and amounts have been crossed out. (It's a must-read for anyone who truly wants to understand these things on the legal level.)
On the day the investors paid that settlement money, the secret company would put the entire amount owed into another TD Bank trust account. That money would then be disbursed to the investors over the course of several months. In that short time, the investors expected to receive a whopping return of more than 70 percent on their money.Rothstein told the investors that TD Bank Regional Vice President Frank Spinosa would personally confirm that the secret company's money was being put in a trust account and that the money could only be released to the investors at the appropriate time.
I asked the investor why, if the company was willing to put all the settlement money into a trust account, the deal was necessary at all. The company could have just as easily funded the settlements in full rather than set up a huge profit opportunity for investors.
"In hindsight, it doesn't really make that much sense," said the investor. "I got conned. I saw the numbers, and I got greedy."
But the investor said that the Rothstein Rosenfeldt Adler law firm guaranteed the money, easing any concerns he may have had. The involvement of TD Bank was also reassuring. On top of that, the investors conducted a background investigation on Rothstein's finances and found his large property holdings and a good credit history. The odds of a tsunami coming through and wrecking the deal seemed minuscule.
On the day the deal was closed in Rothstein's office, however, that phone call with TD Bank's Spinosa never happened. In fact, Rothstein implied that the investors weren't to contact Spinosa at all. The investor says his group independently confirmed with Spinosa that the trust account was "good," though.
Rothstein did show the investors a bank record of the transaction but wouldn't let them keep it. It was similar to this actual transfer document and accompanying Rothstein letter guaranteeing another investment obtained by the Pulp. The investor also received a letter regarding the account signed by Spinosa. It may be similar to this one, which again is an actual letter received from another investor. In it, Spinosa supposedly writes that the funds in an investor's trust account can be moved only on the order of Rothstein or law partner Stuart Rosenfeldt and can be distributed only to the investors (whose names are whited out from the letter).
"The only way we don't get paid is if TD Bank screws us, but in that case, Rothstein has guaranteed our payments," said the investor of his mindset at the time.
The investor now knows that the letters could easily have been falsified and Spinosa's signature forged, especially since we now know Rothstein falsified and forged numerous documents while perpetrating his scam.
There is no proof that Spinosa, who has been suspended by TD Bank while the investigation continues, was in on the scam. But the movement of so much money that was supposedly in trust accounts out of the country doesn't bode well for the bank. How did Rothstein get computer access to the money?
More coming.
127 comment(s) / Post a Comment
Who is "Uncle Bill"? Rothstein's mothers brother? Fathers brother? What is the lineage?
Posted On: Wednesday, Nov. 18 2009 @ 8:49AMPigs get fat and HOGS get slaughtered....too damn bad for the greedy investors.
Posted On: Wednesday, Nov. 18 2009 @ 8:49AMSounds like the investor talked a great deal with Rothstein and not much with Boden at all-
Posted On: Wednesday, Nov. 18 2009 @ 8:52AMDidn't find Bill...but found this...
Site Address 16401 GOLF CLUB ROAD 101 , WESTON
Property Owner BOOCKVOR,YETTA 1/2 INT EA
ROTHSTEIN,HARVEY & GAY D
Mailing Address 16401 GOLF CLUB ROAD #101 WESTON FL 33326
ID # 5040 05 AG 0010
Millage 3312
Use 04
Legal Description #8 OF C C APTS AT BONAVENTURE 32 CONDO UNIT 101
and this...
BOOCKVOR WILLIAM MICHAEL 03/29/1945 DEF 02059114TI20A TRAFFIC - INFRACTION DISPOSITION ENTERED* 062002TR059114A88820
Hey Kidzzzzzz,
This blog is pure FICTION....let me repeat FICTION. Do NOT read it. Stay away from it.
love ya
Posted On: Wednesday, Nov. 18 2009 @ 9:24AMPulp this is keeping my one brain cell left in constant suspense. Why did Debra V Brown go to England? Anywhere near the drum roll yet?
Posted On: Wednesday, Nov. 18 2009 @ 9:25AM70% return on your money within months? Hey jag-offs, if it were up to me, we'd return to the days when the top tax rate was 70%. This way, you'd still have enough money to live a nice life and wouldn't have so much idle time and excess money.
Ever hear of something called an annuity?
How bout asset allocation?
Diversify in safe investments?
I hope you are all reimbursed, despite the fact that you are incredibly dense for being taken by this John Gotti caricature.
Anyone with even moderate brain activity who had an opportunity to observe SR, even from a distance, could see clearly that he was a fraud who could never be trusted.
His manner of dress, his various "fake tough guy" ticks, his involuntary compulsion to look at everyone he walked past, a display of clear paranoia, his inarticulate speech and limited vocabulary.
Here is a recently recovered video of SR leading a partners meeting.
http://www.youtube.com/watch?v=MdQKDfKcjDY&feature=related
Posted On: Wednesday, Nov. 18 2009 @ 9:27AMMeanwhile, the Broward elite is walking around all quiet and what not trying to pretend this is not happening.
Scott Rothstein and every tentacle that he is a part of is going to expose this town for what it is. A Corrupt little village with 1.8 people in it. Many of whom don't have a clue as to what is going on.
Posted On: Wednesday, Nov. 18 2009 @ 9:30AMFrom comments section of Miami Herald :
It's seems to me that Melissa Lewis' murder was ordered by Scott to shut her up. After all, she was the law partner responsible for unemployment discrimination lawsuits and the ponzi centered around her area. Debra's husband may have done the killing but she was the CFO at the firm. Imagine that...going from a lowly paralegal all the way to CFO and driving a Masarati Gran Turismo. Boy are these people stupid or what?
Posted On: Wednesday, Nov. 18 2009 @ 9:31AMThis is changing Broward one day at a time. There is hope.
Posted On: Wednesday, Nov. 18 2009 @ 9:32AMIf you google any lawyer's name at RRA with "Political Campaign Contributions" you might be shocked (or not). I wonder where all that money came from, Rus?
Posted On: Wednesday, Nov. 18 2009 @ 9:36AMWhere is Gary Farmer in all of this? He is a legitimate lawyer who worked on a legitimate case and it looks like Rothstein took advantage of him.
Gary Farmer's dade is on the Fourth District Court of Appeal. I hope Scott gets what is coming to him.
Posted On: Wednesday, Nov. 18 2009 @ 9:39AMWhile this is certainly a tragedy I hope some good comes of it by exposing public corruption and issuing additional indictments.
Posted On: Wednesday, Nov. 18 2009 @ 9:44AMWhere is Scotty right now? There seems to be so much collusion going on here with the media. Why has the media not tracked this man and his attorney down/
What is so hard about following his attorney and going to the various hangouts?
Why is Bob Norman the only one on this thing?
Why is the Herald and the Sentinel stepping so lightly on this story?
Their complicity ought to be challenged. What the heck is going on here people?
Where are interviews of all the attorneys that work there? Where are the nosy reporters at the Sheriff's Office or at the various police departments that Rothstein had in his back pocket?
What about the Governor and other elected officials? What is going on?
Posted On: Wednesday, Nov. 18 2009 @ 9:44AMThere is no way Gary had anything to do with any of this.
Posted On: Wednesday, Nov. 18 2009 @ 9:45AMLooks like one of the RRA enablers has jumped off the sinking ship like the other rats and found a new home........From what I hear Lippman held himself out as a shareholder, was definitely part of the inner sanctum and took plenty of Scott's money while he has his nose up Rothstein's ass and traveled around the country with him to sporting and political events....I wonder how long it will be before the Florida Bar and the RRA creditors catch up with him.
Effective November 18, 2009, my contact information is:
Steve Lippman
Rice Pugatch Robinson Schiller, P.A.
101 Northeast Third Avenue, Suite 1800
Fort Lauderdale, Florida 33301
Phone (954) 462-8000
Fax (954) 462-4300
Email slippman@rprslaw.com
Posted On: Wednesday, Nov. 18 2009 @ 9:46AM
This blows my mind- wtf is going on??? There is no way any sympathy can be garnered for this piece of narcissistic shit. WASTE OF HUMAN SPACE:
From MIAMI HERALD: "ROTHSTEIN IS DOING GREAT!"
Fort Lauderdale lawyer Scott Rothstein, who returned from a trip to Morocco last week to face a federal fraud investigation, said he was in good spirits Sunday.
``I am sitting here smoking cigars with Marc,'' Rothstein said in a brief interview Sunday afternoon with The Miami Herald, referring to his attorney Marc Nurik. ``Rumors of my demise have been greatly exaggerated. I'm doing pretty good.''
Rothstein said Sunday he could not disclose his whereabouts because otherwise ``Marc will break my head.'' Rothstein then handed the telephone to his lawyer, Nurik, who said that, in fact, they had not been smoking cigars.
``He is under a lot of pressure,'' said Nurik, who had worked at Rothstein's law firm but stepped down to represent him. ``I don't want anybody to think he is having a good time.''
During the brief interview with Nurik, Rothstein could be heard heartily laughing in the background.
Nurik would not disclose Rothstein's whereabouts -- a Florida location that Nurik said he -- not federal authorities -- chose.
``I have him hidden,'' Nurik said. ``I'm not going to tell anybody where, including the government. I don't know where people are coming up with this stuff. I have been discussing his case with the government as any defense counsel would under these circumstances.
``I have been in contact with the government,'' Nurik said. ``My client is at an undisclosed location of my choosing and he is talking to no one but me. He hasn't even met with his family.''
Nurik declined to discuss the case, but added that Rothstein wanted to say goodbye.
``I'm doing really good,'' Rothstein said. ``Marc is a great lawyer, a great friend. We will speak when the time is right.''
Posted On: Wednesday, Nov. 18 2009 @ 9:49AM
Previous comment from Miami Herald
If someone steals merchandise from a store they can be arrested. This lardass steals millions from clients and he's being held in an undisclosed location. Is there something totally F@#$%! up with this?
Scott Rothstein is the tentacle. His trail led me to the Octopus. Anyone want to guess who it is?
Posted On: Wednesday, Nov. 18 2009 @ 9:58AMGary is a straight shooter and honest as they come. Scott Rothstein pulled a fast one on him.
Posted On: Wednesday, Nov. 18 2009 @ 9:58AMRothstein a few days ago by email:
``I am a fool. I thought I could fix it but got trapped by my ego and refusal to fail, and now all I have accomplished is hurting the people I love.''
Rothstein by phone today, after consulting with his lawyer, Marc Nurik:
``I am sitting here smoking cigars with Marc. Rumors of my demise have been greatly exaggerated. I'm doing pretty good.''
What about the 2008 murder of Melissa Britt Lewis who was a partner in Rothstein's law firm? The husband of Rothstein's longtime accountant, Debra Villegas, was charged with the murder and is awaiting trial. Rothstein reportedly gave Debra a house and a Maserati shortly after the murder. The charging prosecutor has since left the state attorney's office to work for Rothstein.
Posted On: Wednesday, Nov. 18 2009 @ 10:02AMWhat about the 2008 murder of Melissa Britt Lewis who was a partner in Rothstein's law firm? The husband of Rothstein's longtime accountant, Debra Villegas, was charged with the murder and is awaiting trial. Rothstein reportedly gave Debra a house and a Maserati shortly after the murder. The charging prosecutor has since left the state attorney's office to work for Rothstein.
Posted On: Wednesday, Nov. 18 2009 @ 10:03AMEverybody is still pretending this is not happening. Well surprise Bitches ... it did!
Posted On: Wednesday, Nov. 18 2009 @ 10:08AM@10:02 and 10:03: Glad to have you here, but yawn. Old news. Seriously, way old. You have a long way to go if you are gonna walk in Pulp's shadow.
Posted On: Wednesday, Nov. 18 2009 @ 10:11AMDisgraced lawyer Rothstein seeks disbarment-
The Florida Bar has agreed to accept a request by embattled Fort Lauderdale attorney Scott Rothstein that he be disbarred, a Florida Bar spokeswoman confirmed Tuesday.
The request, known as a disbarment by consent, was submitted Monday and voted on Tuesday by the Florida Bar's executive committee.
The consent, which was signed by both Rothstein and his attorney, now is being forwarded to the Florida Supreme Court.
The court determines whether an attorney is to be disbarred. The Florida Supreme Court could take up the matter on Wednesday and immediately rule, meaning that Rothstein could be disbarred within 24 hours, Bar spokeswoman Francine Walker said.
Posted On: Wednesday, Nov. 18 2009 @ 10:11AMbob,
you need to corner your sources and ask for better info. i have access to several sources inside the firm as well as investors.
the 6 point description was created and dissmeninated by one of the investor groups illegally soliciting other investors in violation of sec regs. Rothstein did not create that document and never disseminated it. in fact, a source close to the entire investigation has advised that the only docs rothstein created were the settlment docs. the rest of the docs were originally created by the thieves at banyon investments. check them out....under sec investigation for several yeats. the rest were created by his major investor groups that were soliciting others. try to get the docs from someone who invested with rl pearson group....they had their own set of docs that boden helped them prepare and send out. the investor groups, all of them, were offering 20 to 30 percent returns to their investors. the investor groups were actually getting much more from rothstein and not disclosing it. and they were taking a commission on top of it. and some were taking a further vig on top of this. it will be months before this is sorted out. and as for spinosa, they not only contacted him, they regulary met with him.
SR might be on his second joy ride at Disney. The simulated airplane ride is set to take off and land every 5 minutes for 6 hrs. Then he will tour the holy land exhibit and a beach towel will be laid in front of the big stick. He will enjoy the Florida sunshine for another 6 hrs in his thong bananacatcher with no sunblock or shades. Hopefully he shows for the dep on where the money went.
Posted On: Wednesday, Nov. 18 2009 @ 10:14AMLetsgetitright, thanks for the clarification. I've taken the points down and am going to further investigate.
By the way, my email is dailypulp@yahoo.com again for those that may be able to shed more light on this thing, confidentially or otherwise.
Posted On: Wednesday, Nov. 18 2009 @ 10:18AMWhat Tycoon is still around? Famous for his over the top Casinos. Atlantis, Bahamas, Mohegun-Resort in Conneticut/Rhode Island, Brand Spanking New Resort in "Morocco"?? He has a reputation for being financially generous to politicians, civil servants who are in a position to help him? One of the reasons people like him is they pay millions corrupting politicians. Main Man now..The Octopus, in my humble opinion Inter- National Crime Syndicate.... Here's a clue. His buddy was named Outstanding Citizen of 2007 by Miami Chamber Of Commerce... Octopus is Sol Kerzner. Other interesting names, Mr. Malnik, Outstanding 2007 Miami Citizen.
Shareef Malnik, Al Malnik (attorney for Meyer Lansky, back in the day). Alvin Malnik "sole heir" of lansky.
Yep Sol Kerzner. He's the Octopus.
By The Way Scotty's ticket to Morocco was a round Trip!
He was due to come back Nov 6th. Hmmmmm, wonder if he stopped in to see Sol at his new Resort n Morocco. Wonder if he got a deal on that Private Jet he flew back on. After all it is Charlie Crist's New Wife's former husbands Private Jet Company.
WHERE IS DEBRA V??!?!?!?!?
I think she could blow the lid off of everything. The scams, the money, the investors, the murder of her best friend. There is not enough info on her.
Posted On: Wednesday, Nov. 18 2009 @ 10:40AMLippman isn't the only one jumping ship.
Denis Kleinfeld and Carl Linder have moved to Kopelowitz Ostrow. That was fast!
I would be surprised that KO so quickly snatched up the people who hid Rothstein's money, but Kopelowitz and Ostrow are total scum so it makes perfect sense.
The Florida Bar has agreed to accept a request by embattled Fort Lauderdale attorney Scott Rothstein that he be disbarred, a Florida Bar spokeswoman confirmed Tuesday.
---
What's the back story to this? I assume there's a scam or fraud element to this gambit by Scotty Boy, as well as by the Florida Bar, which is as gutsy in guarding the public interest as the French Army was in defending Paris in 1940.
What does Sol Kerzner own in Ft. Lauderdale? I believe he has a resort in None other than 'Plantation, Florida". I presume he wanted wealth of Ft. Lauderdale money (billion or more) to go to Morocco, for some reason.
Posted On: Wednesday, Nov. 18 2009 @ 10:57AMDebra V most likely is in a secure location with Fed Marshalls and US Attorneys
Posted On: Wednesday, Nov. 18 2009 @ 11:05AMre Melissa's murder .... I also heard from a reliable source that Debra was in a custody battle with her ex .... having him go away for murder also solved Debra's custody issues.... hmmmmmm.... how nicely that worked out for her.
Posted On: Wednesday, Nov. 18 2009 @ 11:15AM Wednesday, Nov. 18 2009 @ 9:44AM MAKES EXCELLENT POINT. IT SEEMS THAT BOB NORMAN IS THE ONLY "INVESTIGATIVE" JOURNALIST LEFT IN BROWARD COUNTY FOLLOWING THE TOTAL COLLAPSE OF THE MAJOR NEWSPAPERS. IS THERE ANY STORY THAT A SERIOUS JOURNALIST WILL BE ASSIGNED TO...AND BE ALLOWED TO PURSUE?
I hope you are all reimbursed, despite the fact that you are incredibly dense for being taken by this John Gotti caricature.
I think you mean SR was a Bruce Cutler caricature (i.e., Gotti's obnoxious, brash attorney).
Posted On: Wednesday, Nov. 18 2009 @ 11:18AMChristy - I think you are on the right path... This is very interesting piece:
http://judicial-inc.biz/melnik_and_israeli_movers.htm
Posted On: Wednesday, Nov. 18 2009 @ 11:22AMquestion for legit.
Is banyon investment the same florida corp as Blue Banyan Investment owned by Evan Jenne or are you discussing another investment?
question for Bob.
Did Dave benjamin at BSO put in for retirement? Is he being forced out of the Department? If so why? was benjamins security "consulting" firm paid money by rothstein and how much?
So if Debra is in a secure location with the Feds... who's taking care of the kids?
Posted On: Wednesday, Nov. 18 2009 @ 11:24AMMrs Wales would like to know what happened to her son. He was an employee of the JUSTICE DEPARTMENT.
Posted On: Wednesday, Nov. 18 2009 @ 11:25AMDoes anyone know who C. Palmer is? They were involved in the Solicition Agreement.
Posted On: Wednesday, Nov. 18 2009 @ 11:32AMSR is a genius and pre-planned this every step of the way. What you think is funny, a joke or ridiculous is part of the veil. He is setting everybody up. The Feds are also being careful for reasons I can only guess at.
This is a highly intelligent criminal that planned every step a long time ago.
He did this for the money, the ability to get away with it and for the electricity his type of personality needs.
Stay tuned for his "planned exit' as he flees just in time.
SR knew that his investors were very greedy and he took advantage of that, just like Madoff's investors were. In law school he was a cunning man, so says a friend of mine who was always looking for an angle.
Posted On: Wednesday, Nov. 18 2009 @ 11:37AMWhy didn't any local TV or Radio Station report this today? That he relinquished his Lic?
Where is the Rosh Lowe Channel 7 Video in front of Starbucks prior to their Cap Grille outing?
There should be moment by moment reports on what is going on with this case and each and everyone of those connected...
This is unbelievable this swine is out and about
Posted On: Wednesday, Nov. 18 2009 @ 11:50AMhttp://www.arabianbusiness.com/565308-dubai-atlantis-project-chief-dies.
Shame he wasn't at the grand opening.
I didn't know Prominent and Talented Edward Stone from Ft. Lauderdale worked on the project, also he was on design team for Atlantis. Sad he recently passed away too. Boocher and Stone probably knew each other and died within 1 month of each other.
Posted On: Wednesday, Nov. 18 2009 @ 11:50AMLawdog says:
Pigs get fat and HOGS get slaughtered....too damn bad for the greedy investors.
Dammmmmnnnnnnnnnnn Lawdog!! Did you have to break it down like that? lmao
SR could easily get access to the money through his computer. He most likely had online banking with wire transfer privileges.
Posted On: Wednesday, Nov. 18 2009 @ 11:53AMHey Bob,
I know your still backlogged on Scott but there was some great theater in Circuit court yesterday. Ron Hutchings millionaire trust fund baby showed up in Seminole County court flanked by security including Dan Marino's ex bodyguard Dan Morgan at his fathers trial and gave sworn testimony the defendant James Adamczyk threatened to kill him and his father The judge even issued a protective order covering Ron Hutchings. Ron Hutchings girlfriend worked at the now famous Cheeta Hallendale it is alleged that Hutchings and her are on the secret sex and drug tapes.
check out www.itsmyorlando.com for some photos
http://www.arabianbusiness.com/565308-dubai-atlantis-project-chief-dies
He missed the grand opening.
Posted On: Wednesday, Nov. 18 2009 @ 11:59AMTo Torts 102:
You have a very unusual definition of a genius. Albert Einstein is a genius. Bill Gates is a genius.
Nikola Tesla
Greatest Genius of all time and the reason we have access to electricity...everything you use to connect is a result of Teslas genius.
He was defrauded as well....his Spirit is watching over all these losers
Posted On: Wednesday, Nov. 18 2009 @ 12:08PMI just don't know about this anymore. It's all starting to sound like the Kennedy cover up conspiracy theory. There are soooooo many sideline stories, he said she said, I hava a friend who..., I heard on another blog..., etc. Really, who the hell can keep track of all the connections, scams, thefts, implants, watches, cars, yada yada yada? It's really starting to give me a headache. And it makes me wonder if anyone can ever possibly get to the bottom of this, although I give credit to Bob Norman for a damn good try. Mostly, I'm still thinking witness protection plan might not be so far fetched.
Posted On: Wednesday, Nov. 18 2009 @ 12:15PMWhat about the murder of Sgt. Chris Ryka? Wasn't it around the time of former sheriff Jenne? Any connection to SR?
Posted On: Wednesday, Nov. 18 2009 @ 12:16PMOkay, great, another sideline story... I need something stronger than extra strength Excedrin for the pain.
Posted On: Wednesday, Nov. 18 2009 @ 12:19PMSomeone posted after a few articles back their may be a Ryka connection....
I would have to go back and search the postings...
Posted On: Wednesday, Nov. 18 2009 @ 12:21PMDamn, next time I need a lawyer, I wish I knew who some of you really are because YOU'RE the attorneys I'd want to be representing me! lol
Posted On: Wednesday, Nov. 18 2009 @ 12:31PMThere
and yes Jenne's son is works for Banyon
Posted On: Wednesday, Nov. 18 2009 @ 12:32PMHere is more info
http://miamiherald.typepad.com/nakedpolitics/2009/08/evan-jenne-subject-of-ethics-complaint.html
To Torts 102:
I have litigated against SR whe he actually was an attorney. He was mediocre. He has not tried 150 cases as he boasted. If he has tried 5 in his life I would be shocked. He is not "highly intelligent" and certainly not "genius". His scheme is not that elaborate: He took advantage of people who placed their trust in him. Not genius by any means and done by scores of other cheats before him.
Why is there such a tendency to glamorize this crook?
Posted On: Wednesday, Nov. 18 2009 @ 12:43PMhey torts102, a highly intelligent criminal doesn't get caught....esp. with their pants down. SR is your stereotypical shallow douchebag interested in a rap video lifestyle, who thought he was invincible. If he was so good in law school, why not be a great lawyer? Instead he picked a vocation he wasn't very good at all -- a crook. He's a fool, period.
Posted On: Wednesday, Nov. 18 2009 @ 12:44PMBecause of who he glued himself to. Marino, Crist, Judges, BSO, FLPD
He knew he was trying to be somebody for nobody loser from the Ghetto of the Bronx to Lauderhill Ghetto...
if he has lived here for 16 yrs he has been dreaming of living on the ICW since he was a teenager...
For those of us who live in this area that he so coveted since a kid....
Ya just have to sit back and giggle as his covetous mania
Wanna be somebody for nobody...
We have the Cuban Mafia in Miami drive up to Broward you have the Schmuck Scene....remember there are over 800 public officials in the state of Florida convicted Felons.
Nuff said.
Posted On: Wednesday, Nov. 18 2009 @ 12:49PMHe moved to Lauderhill from the Bronx at 16...this is a BIG MOVE UP for a punk from the Bronx...New Yorkers from the boroughs think S Fla is a big deal...they don't know anything else...
this is the Glamorous life...its a joke...
for an understanding of why the general media is so behind on this one need only read this excellent new times piece on the collapse of the major papers here.
remember, the papers used to set the TV agenda. Now TV is stuck doing more of its own work and also has less to do it with. less money and much younger less experienced reporters. When the story gets visually dramatic, perp walks etc, TV will try and catch up.
Until then, what it will take to give the story the national traction it deserves, is one very seasoned senior reporter to get in here and definitively take apart this entire scandal, the town, its people and a climate that allowed it even though everyone knew this man was an inarticulate ass.
Once this primer is distributed worldwide it will be easier for the rest to follow.
What news organization has the resources to be the pacesetter? Someone make it happen.
Posted On: Wednesday, Nov. 18 2009 @ 12:54PMSomeone send Gorge Soros, Fox News, CNBC, emails along with TMZ
Isnt the National Enquire based in WPB....this is such a trash story I am surprised they haven't reported it...not that I have seen the cover recently...
Posted On: Wednesday, Nov. 18 2009 @ 12:58PMBob- What is the sealed family document on Kimmy from 03...http://205.166.161.12/oncorev2/showdetails.aspx?id=33473547&rn=16&pi=1&ref=search
Posted On: Wednesday, Nov. 18 2009 @ 1:00PMContact this site or Charlie Gasparino this is right up his alley..
http://www.thedailybeast.com/author/charlie-gasparino/
Posted On: Wednesday, Nov. 18 2009 @ 1:05PMHedge Fund newsletter provides detail on Hedge Money flowing into Banyon.
http://www.hfalert.com/headlines.php?hid=66521
SNIP.....
At least three hedge funds - Centurion Credit, Clockwork Capital and Platinum Management - loaned money to investors in a Fort Lauderdale operation that claimed to finance legal-settlement payments.
Clockwork is the latest hedge fund operator to be tied to the scheme. Headed by Abraxas "A.J." Discala, the firm appears to have been set up for the sole purpose of lending to Banyon and making direct investments in Rothstein's operation. Clockwork invested at least $30 million overall.
Before Clockwork, Discala ran Brax Capital, a Beverly Hills firm that billed itself as a merchant bank. Brax is now out of business. Discala is the ex-husband of actress Jamie-Lynn Sigler, best known for her role as Meadow Soprano on "The Sopranos."
ED. NOTE: Brax was a coinvestment with convicted Minn. Ponzi operator Tom Peters. If so Discala knows how to pick his ventures.
Platinum, a $500 million New York firm headed by Mark Nordlicht, loaned at least $50 million to Banyon.
Centurion's exposure was at least $20 million. The New York firm, with more than $400 million under management, is headed by Murray Huberfeld. As of September, the firm's flagship Centurion Credit Group fund claimed a four-year track record with only one down month.
Posted On: Wednesday, Nov. 18 2009 @ 1:05PMhttp://blogs.browardpalmbeach.com/juice/2009/11/broward_health_scott_rothstein_spencer_levine.php
Posted On: Wednesday, Nov. 18 2009 @ 1:14PMRRA & Broward Health
http://blogs.browardpalmbeach.com/juice/2009/11/broward_health_scott_rothstein_spencer_levine.php
In a good business deal everyone gets something.
Why would any lawfirm take these obvious moron attorneys into their firm? Who wants a lawyer who claims to be so dumb that that they had no idea what was going on?
I have met Deb V. Something smelled wrong the moment I saw her driving away in the Maserati after tellingme she "worked" at a lawfirm. She failed to say that she worked over innocent people to take their cash.
I wonder if she has worked out a deal with Scott for a bunch of the cash in exchange for her silence. She has a couple of kids who will need to be supported.
I am stil waiting for the the openning act...the first person to sing, who will it be? The crook Boden or the wmp , Adler?
Posted On: Wednesday, Nov. 18 2009 @ 1:25PMThis can be a come back leading role for Mickey Rourke as SchmuckScumRottieScottieeeeeee
Posted On: Wednesday, Nov. 18 2009 @ 1:36PMFeeling very cynical...I think this whole mess and all of the players involved, from lawyers, to rabbis, to politicians, to hookers, etc....will blow over VERY soon. Its too big for Broward, too big for South Florida and simply too big to bring down.
Oh well....I admire Bob Norman so much. Why is he the only reporter out there talking? He stands by the 5th Amendment...freedom of speech. The rest of the media? Well, lets just say they don't have that mojo...that spunk and that spirit to make things happen. They simply report it after-the-fact. Oh well...sad lesson to learn.
Posted On: Wednesday, Nov. 18 2009 @ 1:43PMClockwork Capital name and date
http://www.linkedin.com/pub/elizabeth-friedland/14/394/415
Posted On: Wednesday, Nov. 18 2009 @ 1:45PMIts 1st amendment genius...5th is the right to remain silent of which Scott does not partake in...
Posted On: Wednesday, Nov. 18 2009 @ 1:52PMCan anyone pull up Scottie passport records...Where has he been in the last 5 years? We know Morocco...
Posted On: Wednesday, Nov. 18 2009 @ 1:57PMGood luck to the former RRA attorneys at Rice Pugatch Robinson Schiller, P.A.-You'll find out what its like to have a REAL job working for AHR!
How 'bout looking up Uncle's travel records too?
Posted On: Wednesday, Nov. 18 2009 @ 2:14PMRothstein was awarded highest honors for ethics at Martindale-Hubbell - http://overlawyered.com/2009/11/rothstein-got-top-national-rating-for-ethics/comment-page-1/
What does that tell yuz?
I agree with Tort 102 - despite mediocre lawyering the guy was brilliant, for a crook. He got over on all greed resident in Broward.
The main Q is who will win?
Posted On: Wednesday, Nov. 18 2009 @ 2:23PM"Several boxes related to Epstein case seized in Rothstein raid"
"When the FBI and IRS raided lawyer Scott Rothstein's Fort Lauderdale firm earlier this month, they carted away documents related to civil lawsuits involving billionaire Jeffrey Epstein.
Rothstein Rosenfeldt Adler represented a few plaintiffs that alleged sexual abuse by Epstein. Rothstein tried to use the cases to lure investors.
"Mr Rothstein told investors he had uncovered many more victims and were negotiating to settle those without having to file suits,'' said attorney William Scherer who represents investors who lost around $100 million.
The cases were real -- but the settlements were a fiction. None of the cases had settled, but the hig-profile nature of the Epstein lawsuits -- and the fact that he was known to be a billionaire -- might have been enough to convince some investors to pony up.
William Berger, a former Palm Beach judge who was one of the lawyers at Rothstein's firm handling Epstein cases, said the first time he heard about Rothstein selling settlements was when he read about it in the paper.
"Not one of my clients knew that, or consented to it or was even approached about it,'' he said.
When the feds seized files from Rothstein's firm, they "sequestered about thirteen boxes of documents related to this case,'' according to a document filed in federal court by the firm's bankruptcy attorneys at Berger Singerman."
Posted by Amy Sherman on November 17, 2009 in Broward Politics
http://miamiherald.typepad.com/nakedpolitics/2009/11/
Very odd...or is it: says:
Anonymous/Bob:
Its public knowledge that Emerald Advisors in Weston was a "feeder" to Madoff. Its also known that Scott Hunter who runs Emerald Advisors is the brother of Kip Hunter. Whats interesting is that Emerald shares office space with Gary Farmers former firm (formerly Freedland, Farmer and Russo)
Posted On: Tuesday, Nov. 17 2009 @ 6:13PM
SO PLEASE TELL US BOB, IS THERE SOME KIND OF CONNECTION HERE OR THIS JUST SOME WEIRD (BROWEIRD) COINCIDENCE?
Posted On: Wednesday, Nov. 18 2009 @ 2:43PMWas SR whole family a bunch of Bronx grifters? The uncle and maybe grandfather? I think more than a few people came up with this scam. This is like The Usual Suspects or another scam movie with a professional scammer gang. SR is not a genius but this was planned out by people smarter than SR. SR may have a get out of jail sooner card.
The Rothstein clan appears to be a lot like the Madoff clan. Madoff's old man was a disgraced CPA and his mother was put out of business in the 1960s by the SEC for running a broker dealer out of their home! I think they were doing 1960-1970s penny stock scams like Martha StewRAT.
What is the story on Baynan Investments and Evan and Ken Jenne? Is Banyan a registered investment advisor?
Any connection with Stacey Ritter and her husband?
Posted On: Wednesday, Nov. 18 2009 @ 2:55PMOkay, whoa, all this commentary without going through me, your New Jewish Avenger, has GOT to stop! Come on fellow blogitezzzzzzzzzzzzzzzzzzz.
I am in my inner sanctum at the moment...and guess what, none of you are invited, except maybe the Pulp (capital grille at 5:30, to recognize me, i have been pounding cheeseburgers and caviar for days, to add just the right amount of self indulgent bloat to go under my very expensive outfits).
Now, before i head over to capital grille, i need a dentist to ultra ultra ultra brighten my more than pearly whites (this expression just doesn't do justice to my beautiful Fangs, ooops, i mean teeth, i have 96 teeth, you know).
Hey, bodyguard Alu, knock the shit out of that media type over there who has been badmouthing me, for no good reason..hell, i turned my law license in, isn't that enough. .....yeah, pummel him..well, if you can't do it, i will hire the true Broward American Bad Ass, Meaghan Gallageher's project manager boyfriend, because that mutha f...er can block 20 people while blind..yeah, Alu, you are gone, i will mail you your paycheck..yeah, honestly, i wouldn't lie to you, it is in the mail already.
and when you really think about it, why should i be blamed for everyone i schnookered, they were stupid enough to believe my insanely off the wall stories about investing in settlements...boy, if you could have been there for the one i sold on a president and an intern, can you believe they bought into it...
i have my cape on now, it is so cool; i love this cape, it can even cover up bernie friedman's big big hair.
hey, pulp, if i call you "hon", will you start writing about how smart i was and how i should be saluted for my over the top efforts to take rich people's money with ridiculous unbelievable national enquirer type stories...i am the new american spinner of folk tales, the hell with Mark Twain, Burl Ives and Buck Owens and Woody Guthrie...and how am i not different than Robin Hood, stealing from the rich to support the previously poor (well, not really) lawyers who just deserved his time in the spotlight.
hey, i found this credit card with a 10,000 open balance, off to Pure Platinum to shepard off my own stripper to put up in a brand new room at the Ritz Cracker...the parties are just waiting!!!! and "kevink", you are not allowed in!
Posted On: Wednesday, Nov. 18 2009 @ 2:58PMOn AJ Discala
A.J. Discala appears to be a Hollywood hanger-on. He uses an office address in SEC filings of
9440 S. Santa Monica Blvd, Suite 710
Beverly Hills CA 90210
and a New York address for political contributions and the new "hedge funds" he has recently started.
Discala, Born 9 Feb 1971, was manager and then husband of a Hollywood starlet in the Sopranos series. The marriage ended badly after 2 years, and the still young starlet has some very uncomplimentary things to say about Discala on the interwebs gossip sites. He played svengali and cheated are the core charges.
Discala was next photographed squiring around another starlet, "Haylie Duff" in the 2007-8 time frame. No recent photographs in the gossip rags, so I suspect this giggolo gig has ended.
He is a guy pal of Nick Lahey, another star-brat in the boyband pack.
Discala started an investment business with jailed Minnesota con-man Tom Petters in 2006: BRAX CAPITAL GROUP, LLC. Delaware in 2006. The sole SEC filings are a ownership statement in the train-wreck semi-pro basketball league, ABA. There are also court-suits between the ABA jefe, Joe Newman, and Brax Capital, so I suspect this investment ended/is ending poorly. His deal nets him 2,419,000 shares and an option for 6,661,122 more for a total of 35.97% of ABKB.PK
Discala has weblinks to "Calibrax Capital". The website is down, but still in google cache, so the takedown is in the last month.
I researched Discala for a different scam in May-June 2009 and found no mention of Clockwork Capital. That gap make me think the Clockwork investment was made summer of 2009.
Posted On: Wednesday, Nov. 18 2009 @ 3:05PMOn information and belief: Clockwork Cap meant the clock is ticking (get in and get out fast). This was the real meaning.
Posted On: Wednesday, Nov. 18 2009 @ 3:16PMMark Nordlicht of Platinum Partners has a sketchy history around a OTC stock--Optionable.
This stock had a price spike in April 2007 and has quickly collapsed when the Bank of Montreal revealed massive trading losses created by a single trader in Natural Gas using the Optionable platform.
Nordlicht's father Jules has a guilty plea for price manipulation of Oklahoma crude oil (1978).
Mark Nordlicht did a huge insider sale of Optionable stock before the BMO losses were revealed in late April 2007 and resigned from the company in May 2007. Stock sales were about 18 million.
So like Discala, it appears the ones that got taken by the Rothstein con were some artists themselves.
Posted On: Wednesday, Nov. 18 2009 @ 3:28PMLook into the Andy Barnett / Roger Wittenberns connection as one of the many tentacles that run deep.
Barnett is tied to RRA as a something like Director of Corp Development and was reported to be in for $400K commission day SR fled.
Wittenberns, another big, flashy braggart that lived high on the hog (although he actually made most of the money himself, however less than ethically) lost some money and he, along with Andy Barnett's mother (that's right, the widow/ex-widow of another purported scammer) were the first ones to file suit against RRA / Scott for some of their money back - that is the suit tied to the Venezualan crowd.
At same time, Barnett and Wittenberns are partners in a health club franchisor (Diversified Fitness) that I have read is less than straight forward or honest with the small companies they buy - a quick Google search takes you to some interesting stuff. Here are a few of the links.
http://andrew-barnett.com/category/diversified-health-and-fitness/
www.diversifiedhf.com
http://www.ripoffreport.com/Health-Spas/Diversified-Health-F/diversified-health-fitness-7pbaw.htm
Sounds like one of the gigs they are working on is the same type of operation Roger ran with the Lady of America deal he sold to a well run and reputable investment group in Miami - word around town was that they got snookered pretty good and had to bring in new management, go back after some of the price they paid Wittenberns, appease franchisees, etc.
As for Barnett - actually read his bio and research the companies he worked for / with and you can envision where he might be one of the feeders. From what I understand, that mortgage gig he worked for never did launch although he has no problem writing on the andy-barnett.com or the Diversified website that he arranged for Letters of Intent to assemble a group of 4 companies into a $4.6 billion (that rights, billion), $118 million revenue company.
Ask the question - did that company (NMI Finance) ever raise the money or close the deal? The answer is no. The Letters of Intent were worthless and they lead anyone with half a brain to think he is not one to be believed, it was a bad business deal from the get go, or he had business "sellers" agree to sell for some astronoimcal price just sign the LOI and he would get a "commission" check if the deal ever closed.
Lastly, hear that Boden, from RRA, was a buddy of both Wittenberns and Barnett - the relationships are far too coincidental.
Nothing new here, but lots of dots that are far to close to each other not to be connected.
Posted On: Wednesday, Nov. 18 2009 @ 3:38PMMurray Huberfeld has a consent decree for stock manipulation:
http://www.sec.gov/litigation/litreleases/lr15826.txt
A Baron's article reprinted at a unbalanced blog site has additional details on the reverse merger fraud:
Political contribution databases list Huberfeld as associated with Platinum, so the Nordlicht and Huberfeld funds are linked at some level.
Posted On: Wednesday, Nov. 18 2009 @ 3:47PMKim was seen at a gas station over near Galleria Mall driving a white Bentley convert...How is it that she still is driving a $150,000 car? Was this acquired prior to the scheme? Answer would have to be no. They only got married in 2008....
Put her in a Ford Focus....sexy!!
Posted On: Wednesday, Nov. 18 2009 @ 4:10PMThrough all of this, where are the really tough interview questions on Stu Rosenfeldt?
Posted On: Wednesday, Nov. 18 2009 @ 4:11PM@ kevink
you clicked your heels 3 times. Which Mountain? Europe is in the process of closing down all the types of business RS invests in and makes his money from. The USA is on the same page.
Word is boy Jenne was ALWAYS in Platinum. Oops there goes another one of them....
Posted On: Wednesday, Nov. 18 2009 @ 4:56PMEven "brilliant crooks'" luck runs out for the smallest slip-ups, like....income tax evasion, for example...
Sounds like Tort 102 is an insider and a ruse for you, Bob...a diversionary strategy.
Now, wouldn't you like to hear from Tort 101 for MORE details?
Scott is no genius...he's the prostitute in this fraud. he follows others' acumen and advice, unfortunately, with the propensity of finding only VERY POOR ROLE MODELS TO EMULATE, and mentors who easily impressed him with their garish acquisitions. Actually he is a big disorganized slob and picks others to clean up his mess...
Do you think he knew about Delaware shell corporations from personal knowledge?? He didn't set up his companies initially that way...only after-the-fact.
He will either self-destruct or be knocked-off.. THIS CRIME IS BIGGER THAN THE FBI CAN HANDLE AT A LOCAL LEVEL, which is why no one has yet to be taken off the streets. It appears a national crime syndicate of corrupt government officials are involved.
This is a racketeering and organized crime at a massive level.
CAVEAT: BE CAREFUL BOB...Melissa wasn't. You need a Woodward or Bernstein for cover; the more help, the better!!
Posted On: Wednesday, Nov. 18 2009 @ 5:07PMis it true that by surrendoruing his licence he can get it re-instated at another time in a different state!
Posted On: Wednesday, Nov. 18 2009 @ 5:28PMBeth is corecto-mundo; I am an insider and my boss is a well-connected person.
Beth is correct again, people are still on the street because you have not seen where the tentacles will spread - what you have seen to date on just Level 1. When you see Level 3 you will understand why my bosses friend had round-the-clock security. Surely it must have struck all of as strange - but there is a good reason.
Let me give you a hint. Why Did SR Return From Morocco? Because he has a conscience (no), because he doesn't want to stay on the run? (no). Answer: some people we know ended up (also) in Morocco at the same time (they landed a day later) and that made SR return rapidly.
Then he sent money to Sao Paulo where there is a high concentration of Jewish investors.
Trust me, I live in Sao Paulo in Morumbi - the equivalent of Broward (everybody is beautiful an everybody drives a Maserati or equivalent). And, for those that speak Portuguese - confie em mim eu vivo em sampa!
I went to school with SR in FL! Now you get it....
Posted On: Wednesday, Nov. 18 2009 @ 6:34PM
Certainly I know that that not all people in your area drive Maseratis - but you get my drift.
And for you Brasilians reading this blog - estas pessoas não têm nenhuma idéia como largo ou fundo este esquema é ou quem s envolveu. A mulher a Beth é inteligente.
Posted On: Wednesday, Nov. 18 2009 @ 6:43PMI think Beth and Tort 102 are both onto something. This reeks of far reaching mob and political ties.
Posted On: Wednesday, Nov. 18 2009 @ 6:47PMKimmie in the white Bentley? She wants to remember how it drives. The bankruptcy trustee who will be appointed on Friday will soon have it towed and sold. I would love to see her pumping gas. I would have to offer to check under her hood.
Heard fatty Adler opened his own office. I may have to drop him a line and ask if he can take my case. I am looking for a lawyer who is smart enough to uncover a scam........
Posted On: Wednesday, Nov. 18 2009 @ 9:31PMI'm pretty sure that Scott Rott-stein is guilty of 6 out of 7 of the deadly sins (Lust,Gluttony,Greed,Sloth,Wrath,and Pride) and for that HE most certainly deserves to be beaten by the bloody Pulpster, however, I think that the f-cktards that choose to use this as an opportunity to beat on the reputations of others is purely out of the 7th deadly sin ENVY! What's so sad is that you would never have had the balls to ever tell whom you wanted to (without Bobby Norman blogs) to their face. I bet you were the one in high school that no one liked or looked at. Like those kids that never got laid and became lawbreaking crooked cops and cocky crooked lawyers like SR who thought they had something to prove. You who cast all of these stones against the people of RRA as a whole are probably all of the minion losers that were fired. Ooh, how hot that you are able to sound off so bravely behind your monitor with your porky fingers tap dancing across the keyboard.
Posted On: Wednesday, Nov. 18 2009 @ 10:07PMhere go my portly fingers. go fuck yourself.
Its hardly envy of a midget from the Bronx.
I have been a homeowner on the ICW for nearly a decade sans a mortgage.
He is a joke as are those that participated in his Ponzi scheme.
Now STFU
Posted On: Wednesday, Nov. 18 2009 @ 10:37PMThis Tax paying ICW homeowner single female who has worked very hard all her life to have what she has and is beyond blessed finds those that come down to Ft Loserdale and scheme others into the type of fraud these morons wrap themselves into need to be checked into the Bernie Madoff Fraud Addiciton Rehab Center.
Go to the Broward Mall or Sawgrass since you probably live out west and can't even afford a seat at an ICW Restaurant during the Winter Fest Boat Parade Scottie Rottie and Kimmieeeeeeeeeeeeee won't be attending this December.
Posted On: Wednesday, Nov. 18 2009 @ 10:40PMThis Video deserves Journalists of the year award.....Possible for a part 2 on this? 10days since and scott-free.
http://www.youtube.com/results?search_query=scott+rothstein+in+morocco&search_type=&aq=f
Torts 102 & Beth -
Agree. As you say, some remain on the street so as to conceal those above.
Do SR's frequent public sightings suggest a survival strategy which again speaks of practice, cunning, and organization?
Doesn't Robert Baer advise, when thugs paint a bullseye on your back, don't hide. Paint a bigger one on your chest, go public, and thus become hard to hit?
Given the nature of some whom Rothstein is said to have displeased, wouldn't this be a smart survival method?
In researching The Zecchino Estate Grifters we came to appreciate, while most people strive to do one thing well, thugs do several bad things at once.
For example, didn't killing Melissa Britt Lewis both ensure her silence and get her 'killer', the inconvenient ex-husband, out of the way?
In short, while this is a Ponzi scheme, don't there seem to be layers of fraud here, all enmeshed with blackmail and murder?
Didn't the 90's show us that if we rip a bag of Gleet-o-Snax from 7-11 we go to prison?
But, if we loot the Gleet-o-Snax pension fund, use it to bait billionaires and pols into 'investment' scams, extort them with strip club films, and use the proceeds to addict their grandkids to narcotics, no one will dare touch us?
Credible sources said, were we to sue our family's estate, we'd 'ensure physical retribution' as 'murder is never far from criminals'.
Isn't organized crime written all over this?
Do Rothstein's homes on the Bluff Hill Cove side of Point Judith Pond in The Town of Narragansett, RI, suggest the involvement of organized crime?
They're adjacent but quite different and he bought them a couple years apart, yet he paid an identical, inflated sum for each.
Was this money laundering? The former owner reportedly owned a night club.
The homes are located in an isolated, sparsely settled section long inhabited by 'interesting' people. Our family homestead was located close by.
Small world. Wonder why he chose those homes? Did others choose them for him, and set the price as well?
This story begs questions. Small wonder the press is afraid ask them.
Paul Vincent Zecchino
Manasota Key, Florida
18 November, 2009
Posted On: Wednesday, Nov. 18 2009 @ 11:13PM
The Rhode Island properties were bought from a client of Scott's--a piggish fellow named Michael Kent. He is a nightclub owner who once controlled Club Atlantis on Fort Lauderdale Beach--much to the chagrin of both the City of Fort Lauderdale and the building owner Ed Toomey. Kent is famous in Rhode Island for cutting down dozens of old trees on his property and spray painting the stumps in various day-glo colors in order to further anger and annoy neighbors that had sicced local code enforcement on him. Locally, he had legal troubles stemming from Club Atlantis' patrons, security, and licensing and had hired Scott to defend him from both the city and his own landlord. Not surprisingly, the two men hit it off.
Posted On: Wednesday, Nov. 18 2009 @ 11:52PMRothstein sighted today at Starbucks on Federal in Pompano - he looked like warmed over dogshit - bet the stress is getting pretty heavy....
Posted On: Thursday, Nov. 19 2009 @ 1:40AMhttp://www.hotelandrestaurant.co.za/new_site/content/tourism/singlepage.asp?id=379
Kerzner's just-opened (late Oct/early Nov) resort in Morocco. Looks like Rothsetin may have attended the grand opening. Interestingly, Kerzner's own website, Kerzner.com, does not feature the 5-star resort in Morocco.
Posted On: Thursday, Nov. 19 2009 @ 2:15AMChristy says:
Scott Rothstein is the tentacle. His trail led me to the Octopus. Anyone want to guess who it is?
Sol, of the Atlantis, may not be at the top but he is closer than Scotty. Sol's lineage, alone, would make him suspect. Russian, Jewish diamond connection, expanding casino/resort empire. Some coincidences are too coincidental to be a coincidence.
what will today's tidbit be....??? I am glued to the computer! Feel like a crack whore waitng for a "hit"!
Posted On: Thursday, Nov. 19 2009 @ 8:30AMThe Money has been dispersed to many countries and into many corporate accounts awaiting a trigger.
Much of that Money is mobbed-up early-stage investor cash; and money returned from UBS (and other Swiss banks) to stay a step ahead of the IRS squeeze on the 27,000 accounts they found (15K people have come forward).
When SR was in Morroco paying for new passports with embedded-chips the mobbed-up people flew in. The conversations did not fare well and SR returned to the States.
This is Multi-Level-Scamming at its best; with dirty money being intermingled with other questionable and clean cash; with an end result of it "disappeared" (send me my insurance check) and we'll take a tax deduction. SR "here's your cut - the acting lessons paid off!"
Rather than focus on cars and Kim; focus on the nucleus of the caper - where is the cash?
BTW: Scott has new papers and Passports. And, much of the money has been sent to his friends in Israel, Argentina and Singapore.
I suggest that Scott will soon disappear, despite Fibbie watchdogs because he knows what I know - to wit - at a bail hearing the Judge will determine him to be a flight risk hence a stay-at-home bracelet or instant incarceration in a local MCC, or the Judge will be a "friend" and allow him to post bail. However, under the fruit of the poisonous tree doctrine that will be very difficult for SR. That leads me to believe two three possible outcomes:
a. Flight prior to arrest; or
b. Post bail and stay at home bracelet monitoring (low %), or
c. Friendly federal judge who enables soft "just" terms of bail (since fed judges are given cases based on a random basis, watch for this)
SR will run and his plans will be made; and the mobbed up people will be made whole so he will have no fears; and the Swiss (take our money out quick) crowd made their cash disappear with no problems!
What a plan.
Posted On: Thursday, Nov. 19 2009 @ 11:44AM
Torts 102
I totally agree. There are two or three levels of investors here.
1- local money that helped attract and ----
2- out of country and mob money
I had heard that many UBS investors had worked out deals to get their cash out fast.
I think you nailed it. What a plan. No wonder this guy had bodyguards and a locked office - he was thinking and scheming 24/7.
Interesting case.
Tort 102 any connection?
On April 2, 2009, Steven Michael Rubinstein, 55, of Boca Raton, Florida, a yacht company accountant, was arrested for tax evasion, allegedly hiding assets from tax collectors in the Swiss bank. Rubinstein deposited more than $2 million in Kruggerrand gold coins into his UBS accounts and bought securities worth more than 4.5 million Swiss Francs, and he met with UBS bankers in several locations around South Florida from 2001 through 2008. In 2008, former UBS banker, Bradley Birkenfeld pleaded guilty to fraud conspiracy charges and has been cooperating with U.S. investigators.
Posted On: Thursday, Nov. 19 2009 @ 12:52PMI think marc nurik needs to step down as SR attorney. He is a material witness in this case. he cannot work at this firm accept money and bonuses and what not and then go around representing Rothstein. Let's get an opinion from the florida bar. someone needs to do this. I can't too close.
Every lawyer that worked there is tainted except nurik? why? because on one ever attacks the attorney representing the criminal. he thinks he outstarted everyone. but he worked there and he was no naive kid that didn't know what was going on.
This is bullsh--.
How many dollars is Nurik claiming that Scott gave him for "legal fees".
Is there any truth that Nurik got 10,000.000?
Posted On: Thursday, Nov. 19 2009 @ 1:13PMAnonymous -
Yes, and Rubenstein was also partners in a firm in South NJ. I am aware that SR connected with many people in SFla that had Swiss accounts in jeopardy. And, SR offered a plan for early-withdrawal and a beneficial place to stash-the-cash.
He induced these Tier 2 people to early withdraw (and he helped them beat the clock); and offered a plan to further apply their money to make substantial interest.
For those that were skeptical he simply said "wait until the Swiss reveal you..." They looked at SR around town, checked him out and said it is a go. Wire transfers were made to SR accounts for the 'fake settlements" and was mixed in with inbound dirty money and Tier 1 investors.
Q: why do you think many investors have not come forward? A: Swiss money returned fast to SR in a clanedstine fashion. This is what baffled the Fibbies at first.
Now these people are upset because the money is gone and who do they turn to? SR always knew this would happen so he cocooned himself with bodyguards and a gun. Actually he carried two guns.
Many of the Swiss account investment people are located in SFla and NY and RI and NJ. When he was in Morocco they said "make this right" so he flew back fast.
If you notice his demeanor now is controlled but scared' and the FBI are the least of his worries!
Over the next week or so reports of sightings of SR will show he is starting to show wear and tear beyond the norm of someone like Madoff.
The problem for the Swiss and mob people is that Scott has nos stashed the cash where no one knows. Disposing of SR now will yield no financial reward. However, I do believe conversations between some people and SRs family have already started as an inducement.
SR needs to return cash to the people he most scared of and then he can run. That is why he is back here!
Posted On: Thursday, Nov. 19 2009 @ 1:34PMTorts 102 and Anony -
Yeah, I heard the same story from some people I know in Jensen Beach. Apparently they invested much "overseas" money with SR and now it is gone. The story I heard (from a paralegal) is that SR had folks structure the transfers so I think he was paying people in Switzerland and other places so they could slide under the IRS radar which was closing in.
SR is a slick character and I think the clothing, cars and houses were just a charade to throw people off. He needed to create a fantasy world that was part crazy and but still buttoned up and that part was served by his law firm.
I have a feeling SR may flee and many other people in SFla will go to jail as co-conspirators.
I agree with Torts and the other person, this was a well-conceived plan.
Makes for a book or movie.
Torts 102 is right on.
Notice today's headlines that the owner of that watch company received much money from SR and, his dad has organized ties to ISREAL.
Right on Torts 102, you are locked in. who are you?
frank icanosty -
Thank you for the background on night club owner Michael Kent, who sold his Narrangansett, RI, properties located on bluff Hill Cove to SR.
Name sounded familiar. You refreshed our memories. Recall reading a while ago of tree wars w/neighbors in www.projo.com.
At first, he seemed the harried property owner disheartened by neighbors who cited concerns over 'trees' to stop his plans to build his home.
The more we read, however, the more it seemed the neighbors were the harried ones, at wits' end with someone willing to use unsavory methods to gain their ends.
Torts 102, et al - still assimilating all above above. Fascinating Time to reread.
As forensic folks are fond of saying, 'layers upon layers'.
Paul Vincent Zecchino
Manasota Key, Florida
19 November, 2009
Yes, I know its public record and bla bla bla but I REALLY REALLY REALLY dont like seeing things like this slimey Scott's parents address.
I dont care if mom was at the firm--if anybody is not gonna know what was going in its a proud mom.
To me, this sort of invasion of Slimey Scott's relatives privacy is more objectionable than the anti-MOT zenophobia.
Of course Scotts parents are in public records databases. They are average people who worked their entire lives so that their kids could have a better life. Their address/other personal info does not need to be broadcast here.
Its shonda enough that they life with what this putz did--
Posted On: Tuesday, Nov. 24 2009 @ 8:26AMLook a little deeper, if you think Gary Farmer wasn't involved!!!
Gary Farmer, Sr is a 4th District Court of Appeals Judge.
Rothstein was appointed to the 4th District Court of Appeals Nominating Committee.
Sheriff Lt. David Benjamin, who escorted Rothstein to his plan when he fled the country and is being called the "bag man" has been a life long friend and school mate of Gary Farmer, Jr.
Open your eyes!!!
Gary Farmer, Jr. has lots of cobb webs in his closet. He alledgely was terminated from his previous law firm Gillespie, Goldman and Kronengold for unethical billing practices and personal representation of some sorted clients. He was deposed while at Gillespie while claiming to be an owner of a company that later settled with Gary. Some very interesting insight into his ethical practices.
Posted On: Tuesday, Nov. 24 2009 @ 8:10PMI would like to talk to you, to me is what to tell.
Posted On: Sunday, Dec. 20 2009 @ 8:51PM
