Tuesday, May 14, 2013

INSIDE LOOK AT THE MIND OF A PONZI SCHEMER



With all the attention paid to the billion dollar Ponzi scheme run in Florida by former Fort Lauderdale attorney Scott Rothstein, using phantom out-of-court damages settlements, you may want to get an inside look at some of the techniques he employed, as well as his mindset. There is one publicly-available transcript of a deposition, taken of Mr. Rothstein, that provides valuable insight into his methods, as well as his state of mind while perpetrating the massive fraud. Readers who wish to access it, can find it here*. You will find him brutally blunt discussing how he conducted his illicit enterprise, but it is informative.
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*Deposition of Scott Rothstein

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