Kim Rothstein, Wife of Ponzi Schemer Scott, Charged With Conspiracy to Commit Money Laundering

Categories: Broward News
kim rothstein 2.JPG

Remember Scott Rothstein? The dirtbag who is currently serving 50 years in federal prison for running the largest investment fraud in South Florida history?

Well, turns out his wife is equally devious (allegedly!) because it looks like she also might be going straight to jail without passing GO and without collecting $200.

Kim Rothstein, her attorney Scott Saidel, and her friend Stacie Weisman were charged Thursday morning with conspiracy to commit money laundering.

Prosecutors are alleging that Rothstein and her pals concealed more than $1 million of jewelry from the federal government, including a 12.08-carat diamond ring.

According to prosecutors, the three allegedly cooked up a plot to sell the jewelry and then persuade Scott to lie during a sworn deposition when he was asked about the 12.08-carat diamond. 

And why not? Whatta they gonna do? Tack on another 50 years to the sentence?

Before the feds seized the Rothsteins' assets back in November 2009, Kim Rothstein, Saidel, and Weisman "knowingly took action to conceal certain items of jewelry, valued in excess of one million dollars," according to federal prosecutors.

Now the three face a single count of conspiracy to commit money laundering -- which could very well put them in the slammer for five years each.

However, according to the Sun-Sentinel, court documents filed Thursday morning indicate that "0 days" have been allocated for a trial. This usually means that negotiated deals are either in the offing or have been agreed to.

Pffft. Rich people.

(This is a developing story.)



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16 comments
ksiegel61
ksiegel61

Will this ever be turned into a motion picture. I'm sick of seeing Brad Pitt playing an old man, we need him to play Scott Rothstein. Lindsay Lohan will be Kim.  Damien Lewis (Homeland) will play Steve Caputi. Fred Haddad will be played by Regis Philbin. Adler will be played by an unknown and the rest of the cast will consist of "B" movie stars. They will film on location, if the club is still there. Anyone want to audition, call 206-312-7879, leave your name and call back and I will add you to the casting list I'm compiling. I said I'd be the one to write this, and so far I've got one book that is leading up to this ponzi scheme mixed with people I grew up with and loved, and who once loved me but hate my guts for spilling my own guts on family and them! LOL, I wonder where Steve Caputi is being held. Is it like on the TV show "WEEDS" when they put Mary Louise Parker character in federal prison. I'm sure Steve Caputi is not totally thrown under the bus but making his way in the prison system, they have good food there. Good luck Ponzi schemers and remember that the movie may one day come out. But the novel first, then the option by Warner Bros.

ksiegel61
ksiegel61

OMG Fred Haddad? Haddad & Associates, a relative of mine that got sick of all my emails said they called the SWAT team in my town here in CA, and told their lawyers HADDAD & ASSOCIATES and I never got any papers and the police never showed at my door, even though this relative was sending me back my emails with CC to Captain Justin Eisenberg, SWAT/TERRORIST UNIT (my town), and HADDAD AND ASSOCIATES, so it's a joke, this relative was busting my balls???? What a joke. Jealous because my marriage is not a sham and my husband never pretended to be a banker. 

ksiegel61
ksiegel61

I thought this was over with, and I posted so much about Steve Caputi that my family was about to call the Italian Mafia police. Now I read about Rothstein's wife! Why do I have to go on the net to find out anything. Why are they all hiding out? Relatives seem like they've died, or I've died. Well, here I am again, and this is a whole new post, so will Kim be the last to be nailed????? Time will tell!

scuba1141
scuba1141

Please remember that in this country, we are considered innocent until proven guilty.  I know Patrick Daoud and know he is an honest man full of integrity.  Appraising a diamond and purchasing a diamond are not illegal activities.  I hope he is vindicated of all charges.  It would be awful to pre-judge him and hurt his business only to find out that he was innocent all along.

bunstinger
bunstinger

If this money laundering golddigger isn't the quintessential poster girl for a good old fashioned pants down butt spanking, I don't know who is?

bcconfidential
bcconfidential

It seem the greedier people get, the stupider they get. Broward County is filled with stupid people, some are cocktail waitresses, some are lawyers (well they have pieces of paper they paid a lot of money for from Nova University, if you can call that a license to do anything but collect illegitimate fees and have the 17th circuit court system uphold that sort of crime). None of them are intelligent enough not to get caught eventually. Because the more they steal, the bolder they become, telling their friends thieving is like taking candy from a baby. They hang around together, and stupid birds of a feather stupidly flock together. You can look at everyone you remember who flocked around Rothstein begging for a picture with the bum... you need to look at them as suspect. The honest leaders of our community didn't hang out with Rothstein. Bet you never saw a picture of anyone from the New Times with his  or her arm around Scott Rothstein's shoulder. Why is that? If you aren't one of the stupid people, you'd now that men and women of integrity did not do that. They knew Rothstein was a crook, everyone knew it, from the valet guys at BOVA to the attorneys took a paycheck from him. If they didn't have personal knowledge, they heard it through the grapevine, or from Scott directly (reference is boasting at the BOVA party about if the lawyers can't steal, who can?!) Patrick Daoud was a surprise because we all fell for that 40 years of integrity in the jewelry business, blah, blah. And you know he's truly guilty because he hired Fred Haddad as his attorney. Hiring Haddad is like putting a tat on your forehead saying "I'm guilty as hell. That's why I'm with Stupid" ... with an arrow pointing to his attorney. Isn't Haddad also Russell Adler's attorney? Saying crap like "Russ and I can't wait for our day in court." Hello!? Adler may be out of money by now, so Haddad's got time on his hands. Well, Fred...looks like you're now in the jewelry business (being that you'll be able to take a sizeable portion of Daoud's liquid assets for your Feeeees. They'll be high. Can't shop Daouds anymore because they'll be cheating you for sure (no doubt) or inflating their prices to pay of Haddad! Sad state of affairs. Seriously, the guy who's still getting rich (other than all of the attorneys who were lucky to get in the middle of this goldmine) is Nurik. He gets amazing fees for representing Rothstein, but I'm sure Nurik had no idea his client was a crook. (If you believe that, I have some over-priced jewelry I'd be happy to barter with you; meet me at the back left jewelry counter at Daouds). The other guys getting rich are the ponzi investors like Razorback who were so hopping mad that they didn't get their inflated (wink, wink) returns from the Ponzi that they sued, smart enough to get their dough back from the stupid banks who had significant exposure, even though many of the investors had a "clear" idea that what they were investing in was pretttty shady, but again, it was Rothstein going under the bus, not them. So why not go for it...easy money, kinda like taking candy from a baby. There you go. Now the Feds are getting them...kinda like shooting fish in a barrel. Here's my take on how they got Rothstein to give up Kim and gang. I think the Feds never forgot about that 12.5 carat ring that went missing. They probably told Scott that he needed to bring that up with Kim and Saidel, etc. (while they were listening in) with Scott pretending that he was going to "protect them" and lie about the ring. Then, Bingo! Busted. Well Patti, if anyone asks you if there were any arrests today, you can say ... YES!!

diamondlove
diamondlove

Is Kim going to sell the ring back to the Levinson's for yet another off the book sale???

diamondlove
diamondlove

Was Kim going to sell it back to the Levinsons for another off the book sale?

bcconfidential
bcconfidential

 @diamondlove

 No, the Levenson's were apparently working in concert with Scott Rothstein and are in the crosshairs of the Feds as well.  I don't think Kim would take the illegal activity to the Levenson's, so that's how Daoud probably got involved.   It might be time to remind people that diamonds are only an artificial market, they're just pretty rocks...nothing worth spending 5 years in jail for.  Good grief!  I hope they throw the book at Kim Rothstein.  She lied, lied again, then thieved and had her chance, more than once, to NOT lie.  She's just another liar and thief.  They seem to gather in Broward County, prettier than most, but then dumber than most. 

 

We're gonna need a bigger jail, especially if Satz gets defeated and someone with non-crony ties gets in there and really goes after this gaggle of criminals parading as upstanding members of the community.  We're gonna need a special jail for just the lawyers, judges, lawyers and politcians alone.  And isn't that kind of sad?  Yeah.

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