X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
The yachts, fancy cars, Rolex watches and diamond jewelry are all gone. Next on the auction block from the home of Ponzi schemer Scott Rothstein are personal possessions collected from his four homes in Fort Lauderdale, Manhatten and Rhode Island. More than 700 items will be sold to the highest bidder, some at online auctions October 6-13, then others in an all-day live auction to be held October 15 at the Embassy Suites in Boca Raton. The public can attend a preview Saturday at the Gallery Center in Boca Raton. This is the third and final sale of former Rothstein possessions and the only one to be held by the bankruptcy trustee overseeing the liquidation of Rothstein’s collapsed law firm. The first two were held by the U.S. Marshals Service. Proceeds, expected to be in the hundreds of thousands of dollars, will go to victims of the $1.2 billion settlement financing fraud operated from Rothstein’s opulent law firm offices at Rothstein Rosenfeldt Adler in downtown Fort Lauderdale. The items illustrate his over-the-top lifestyle from a gold toilet seat to Versace china and hundreds of suits and other clothing worn by Rothstein and his wife, Kim. There’s even a stuffed lion, although it’s unclear how Rothstein came by it. “This just shows the waste and obscene luxury only afforded to wealthy people who are spending other people’s money,” said Louis “Benny” Fisher, chairman of Pompano Beach-based Fisher Auction, which is running the auction. Among the high-ticket items: a $5,000 Italian suit with a dangling price tag, a grand piano, a $3,000 rhinestone-studded Hello Kitty purse and wine and cigar collections. Kim Rothstein’s shoe collection includes 31 pairs of 4-inch designer shoes by Jimmy Choo and Christian Louboutin, but not many can fit her petite feet. She’s a size 5. Fisher also expects more personal items to sell, including dozens of signed photographs of Rothstein with such personalities as U.S. Sen. John McCain (R-Arizona), U.S. Sen. Joe Lieberman of Connecticut (“Mazel tov on your wedding”) and retired Miami Dolphins Hall of Fame quarterback Dan Marino (“Go deep”). “There are more people who want a John Dillinger pistol than want something owned by George Washington,” Fisher said. “People have more interest in infamy than fame.” Conspicuously absent from the sale are Kim’s fetish wear, which was cataloged months ago by federal authorities. Fisher said he does not know the collection’s whereabouts. “All I got was a box of used pantyhose, and I’m not selling those,” he said. After pleading guilty to masterminding his fraud, Rothstein was sentenced to 50 years in prison. Kim Rothstein has moved from the couple’s waterfront digs in Fort Lauderdale to Lauderdale-by-the-Sea.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.