Deposition of Scott Rothstein re - Trustee Services
Deposition of Scott Rothstein re - Trustee Services
Deposition of Scott Rothstein re - Trustee Services
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1 him, use it as he needed to for deals without any<br />
Page 165<br />
2 paper documentation or very little paper<br />
3 documentation. So it's just not the way we did<br />
4 business.<br />
5 BY MR. PHILLIPS:<br />
6 Q. Well, let's talk about that for a minute.<br />
7 You did deals with Mr. Tinachi (sic) in<br />
8 which Mr. Lipsitz --<br />
9 A. Tonacchio.<br />
10 Q. I apologize. In which Mr. Lipsitz was not<br />
11 involved, cor<strong>re</strong>ct?<br />
12 A. That's cor<strong>re</strong>ct.<br />
13 Q. And a<strong>re</strong> you awa<strong>re</strong> that TL Investors has<br />
14 nothing to do with Mr. Lipsitz, that's Mr. Tonacchio's<br />
15 company?<br />
16 MR. GAY: Objection to form.<br />
17 THE WITNESS: To the best <strong>of</strong> my<br />
18 <strong>re</strong>collection, Gary, that's cor<strong>re</strong>ct.<br />
19 BY MR. PHILLIPS:<br />
20 Q. Did you know that the L did not stand for<br />
21 Lipsitz, he was not a partner <strong>of</strong> Mr. Tonacchio's?<br />
22 A. I don't think I ever thought it stood for<br />
23 Mr. Lipsitz. I didn't ca<strong>re</strong> what it stood for,<br />
24 honestly.<br />
25 Q. Okay. In fact, you only did one <strong>re</strong>al estate
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