Saturday, December 17, 2011

Before Ponzi Scheme Collapse, Ex-Lawyer Rothstein Touted His 'International

Before Ponzi Scheme Collapse, Ex-Lawyer Rothstein Touted His ‘International Bank of Wow’

by Debra Cassens Weiss, abajournal.com
December 15th 2011 10:26 AM

In emails cited in a civil lawsuit filed on Tuesday, one-time lawyer and convicted Ponzi schemer Scott Rothstein called himself a “banker and pimp” and touted his “International Bank of Wow.”

The suit filed in Broward County, Fla., claims car dealership heir Ted Morse aided the fraud by loaning money to Rothstein, report ABC News and the Associated Press. More than two dozen investors are the plaintiffs.

AP says the Rothstein emails are filled with “giddiness and braggadocio” while ABC News says they are a mix of “slang, braggadocio and emoticons.” Rothstein calls himself the “banker boy from Da Bronx” and calls Morse "my pimp player bro."

"Have I told you how much I loveeeeeeeeeeeeeeee this business," Rothstein writes in one email, "and how much I love the color green? … I feel like I just took six Viagra."

Members of the Morse family have claimed they were unaware of the fraud and lost millions of dollars when the Ponzi scheme collapsed.

Original Page: http://www.abajournal.com/news/article/before_ponzi_scheme_collapse_rothstein_touts_his_international_bank_of_wow

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