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Rothstein Firm’s Furnishings to be Auctioned

Scott Rothstein’s office furniture inside the office of Rothstein Rosenfeldt & Adler, will be sold to the highest bidder at an auction on Jan. 23 in Tamarac, Fla.

U.S. Bankruptcy Judge Raymond B. Ray approved a request last week by the firm’s bankruptcy trustee to allow Fisher Auction to sell everything inside the office, including oriental rugs and some personal effects. Former attorneys at the firm and other employees have already removed their personal items.

Rothstein, who is accused of running a $1.2 billion Ponzi scheme tied to nonexistent settlements through law firm bank accounts, has been jailed since Dec. 1.

The proceeds from the auction will be added to the bankruptcy estate and be used to compensate victims of the alleged fraud.

Among the items that will be auctioned: Queen Anne wing chairs, a Louis XIV tapestry, Oriental rugs and marble-top tables.

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Posted by on December 29, 2009. Filed under Home,Legal News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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