Scott Rothstein cars for auction at Florida Fraudster
What are your plans for June 3rd? If by any chance you happen to be in Florida during that time, cancel all of your plans! There’s an opportunity to watch a luxury auction at the Broward County Convention Center in Fort Lauderdale, Florida.
Most of the vehicles were owned by Scott Rothstein who is currently under investigation through his involvement in a Ponzi scheme where "He spent his clients’ money on real estate, cars, yachts, politics and philanthropy, all to create the illusion that ... his schemes were hugely successful," Jeffrey Sloman, the acting U.S. attorney in Miami, said in a statement. This property was seized from him as part of the investigation and prosecution of the case against him. He entered a guilty plea in January 2010 and could face charges adding up to 100 years in prison at his upcoming sentencing.
The candy-coated auction list includes: 2006 Ferrari F430 Spyder, 2010 Lamborghini Murcielago LP670-4 Super Veloce, 2009 Maserati Gran Turismo Coupe, 2008 Bugatti Veyron EB 16.4, 2008 Mercedes-Benz SLR McLaren Convertible, 2007 Rolls-Royce Phantom EWB, 2008 Ferrari F-430 Spyder Convertible, 2009 Bentley Continental GTC, 1967 Chevrolet Corvette Stingray Convertible, 2007 Ford Expedition Limousine, 2008 Cadillac Escalade, 2007 Warren S87 Motor Yacht, and more.
Proceeds from the auction will be placed in the U.S. Treasury’s AssetForfeiture Fund and net proceeds from the Rothstein assets will be available as restitution to the victims of his crimes.