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Deposition Transcript of Scott Rothstein (Albert ... - Trustee Services

Deposition Transcript of Scott Rothstein (Albert ... - Trustee Services

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1 A. It was Ponzi funds that went into RRA that<br />

2 became RRA funds that were then paid out.<br />

3 Q. It was not money that you had earned in any<br />

4 legitimate basis that was kept in any accounts titled<br />

5 in your name. Correct?<br />

6 A. Correct.<br />

7 Q. At the time that Mr. Boden oversaw the<br />

8 transfer <strong>of</strong> money out <strong>of</strong> RRA accounts he knew that<br />

9 the money was coming from RRA accounts to Jewel<br />

10 River Cruises. Right?<br />

11 A. That's correct.<br />

12 Q. Whose name was the investment put in for<br />

13 Jewel River Cruises?<br />

14 A. I don't recall. It would have either been<br />

15 mine directly -- mine and Stu's -- or a company -- a<br />

16 separate company that we set up.<br />

17 I don't have a specific recollection one<br />

18 way or the other.<br />

19 Q. Certainly the investment -- loans, equity,<br />

20 however you want to phrase it -- because I think<br />

21 there are different variations <strong>of</strong> that -- none <strong>of</strong><br />

22 those obligations or rights were vested in the name<br />

23 <strong>of</strong> RRA. Correct?<br />

24 A. No. They were not. That's correct.<br />

25 Q. And Boden knew that at the time that he<br />

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