Deposition of Scott Rothstein re - Trustee Services
Deposition of Scott Rothstein re - Trustee Services
Deposition of Scott Rothstein re - Trustee Services
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
1 Mr. Tonacchio came to be involved in sort <strong>of</strong> that<br />
Page 38<br />
2 fraud.<br />
3 A. I pitched them the deals and they eventually<br />
4 invested.<br />
5 Q. Do you <strong>re</strong>member the first deal that you<br />
6 pitched to them?<br />
7 A. I do not.<br />
8 Q. Would it <strong>re</strong>f<strong>re</strong>sh your <strong>re</strong>collection if I we<strong>re</strong><br />
9 to suggest to you that it involved Mr. Picou?<br />
10 A. The Picou's transaction involved helping Ron<br />
11 with money that he needed. It did not involve a<br />
12 "Ponzi deal."<br />
13 Q. Well, just explain to me what the Picou deal<br />
14 involved, if you could.<br />
15 A. It was one <strong>of</strong> the circumstances just like we<br />
16 discussed it other day when I was talking about<br />
17 Mr. Picou. It was one <strong>of</strong> the situations whe<strong>re</strong><br />
18 Mr. Picou actually had a <strong>re</strong>al need for a certain<br />
19 amount <strong>of</strong> money. I don't <strong>re</strong>member whether it was<br />
20 gambling <strong>re</strong>lated or other <strong>re</strong>lated.<br />
21 Q. Do you <strong>re</strong>call if that "deal" that you<br />
22 ente<strong>re</strong>d into with Mr. Tonacchio and Mr. Lipsitz, was<br />
23 that the first one <strong>of</strong> those types <strong>of</strong> deals that you<br />
24 did with them?<br />
25 A. I don't <strong>re</strong>call.
Change language