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 transaction in which Mr. Lipsitz was involved and it<br />
Page 166<br />
2 was the 950 property down he<strong>re</strong> in Fort Lauderdale,<br />
3 cor<strong>re</strong>ct?<br />
4 A. To the best <strong>of</strong> my <strong>re</strong>collection, that's<br />
5 cor<strong>re</strong>ct. I don't <strong>re</strong>member whether Barry invested in<br />
6 any <strong>of</strong> the projects with us. I don't have a specific<br />
7 <strong>re</strong>collection that he did.<br />
8 Q. Now, with <strong>re</strong>spect to 241 that I asked you to<br />
9 look at, at the bottom it says, ROI, and that's an<br />
10 e-mail from you to Barryflash, among others, on<br />
11 April 15th, 2008. Do you see that?<br />
12 A. Yes.<br />
13 Q. And the<strong>re</strong> the ROI means <strong>re</strong>turn on<br />
14 investment?<br />
15 A. Cor<strong>re</strong>ct.<br />
16 Q. And you basically just say, "Fund 750, the<br />
17 ROI is 250 and it's paid as follows," cor<strong>re</strong>ct?<br />
18 A. Cor<strong>re</strong>ct.<br />
19 Q. So that would be an investment deal as part<br />
20 <strong>of</strong> the Ponzi scheme that you didn't fully paper,<br />
21 cor<strong>re</strong>ct?<br />
22 MR. GAY: Objection to form.<br />
23 THE WITNESS: When you say "fully paper,"<br />
24 Gary, you a<strong>re</strong> talking about what I call our full<br />
25 document deals, right?
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