05.10.2014 Views

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 Q. Do you know if this e-mail is in <strong>re</strong>fe<strong>re</strong>nce<br />

Page 42<br />

2 to that Picou deal we we<strong>re</strong> discussing p<strong>re</strong>viously?<br />

3 A. It appears to be.<br />

4 Q. If you can <strong>re</strong>view that for just a minute and<br />

5 let me know if that <strong>re</strong>f<strong>re</strong>shes your <strong>re</strong>collection as to<br />

6 the specifics <strong>of</strong> that deal.<br />

7 A. It does.<br />

8 Q. How does that -- I mean, what <strong>re</strong>collection<br />

9 does that <strong>re</strong>f<strong>re</strong>sh?<br />

10 A. To ways I crafted this particular deal was<br />

11 to enable a certain amount <strong>of</strong> money to be given to<br />

12 Mr. Picou and certain amount <strong>of</strong> money to be infused<br />

13 into the Ponzi scheme. I pitched it as a deal<br />

14 specifically to help our friend, Mr. Picou. That's<br />

15 about it.<br />

16 Q. Do you <strong>re</strong>member why Mr. Picou needed the<br />

17 money at that time?<br />

18 A. I don't <strong>re</strong>call specifically.<br />

19 Q. Mr. Lipsitz has p<strong>re</strong>viously discussed that<br />

20 you <strong>re</strong>p<strong>re</strong>sented to him, Mr. Lipsitz, that Mr. Picou,<br />

21 through his company, Southern Grouts and Mortars, that<br />

22 he had an employee who was electrocuted on the job.<br />

23 Does that sound familiar?<br />

24 A. That may have been what I told them, but<br />

25 that would not have been true, that would have been a

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