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 explain that to me?<br />
Page 57<br />
2 A. It was an enticement.<br />
3 Q. Is that something you just <strong>of</strong>fe<strong>re</strong>d on your<br />
4 own or is that something that was <strong>re</strong>quested?<br />
5 A. I think initially -- well, at various points<br />
6 in time I <strong>of</strong>fe<strong>re</strong>d it on my own and at other points in<br />
7 time, after I had <strong>of</strong>fe<strong>re</strong>d it on my own, they<br />
8 specifically asked me for deals that had a kicker in<br />
9 it.<br />
10 Q. Okay. And the idea with the kicker is that<br />
11 on the day that either Mr. Tonacchio and/or<br />
12 Mr. Lipsitz effectively funded this deal, the same day<br />
13 that they transfer money to RRA, they would get back<br />
14 each 8,750?<br />
15 A. Cor<strong>re</strong>ct.<br />
16 Q. You mentioned that you arrived at the terms<br />
17 <strong>of</strong> this deal by deciding what type <strong>of</strong> inflow you<br />
18 needed for the Ponzi scheme. So tell me about the<br />
19 natu<strong>re</strong> <strong>of</strong> --<br />
20 A. Cor<strong>re</strong>ct.<br />
21 Q. Tell me about the natu<strong>re</strong> <strong>of</strong> the Ponzi scheme<br />
22 in March <strong>of</strong> 2007.<br />
23 A. That question is vague. I am not su<strong>re</strong> what<br />
24 you mean by "the natu<strong>re</strong> <strong>of</strong> the Ponzi scheme in 2007."<br />
25 Q. Ag<strong>re</strong>ed. Ag<strong>re</strong>ed.
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