Título: Scott W. Rothstein
Seção: Swindle pitch
Background: Scott W. Rothstein (born June 10, 1962) is a disbarred lawyer and the former managing shareholder, chairman, and chief executive officer of the now-defunct Rothstein Rosenfeldt Adler law firm. He was accused of funding his philanthropy, political contributions, law firm salaries, and an extravagant lifestyle with a $1.2 billion Ponzi scheme, one of the largest such in history. On December 1, 2009, Rothstein turned himself in to authorities and was subsequently arrested on charges related to the Racketeer Influenced and Corrupt Organizations Act (RICO). Although his arraignment plea was not guilty, Rothstein cooperated with the Government and reversed his plea to guilty of five federal crimes on January 27, 2010.

Conteúdo: General counsel David Boden was present for at least one of the swindles, and negotiated the final papers with the investors' lawyers. Rothstein greets and informs the investor his firm was the preeminent sexual harassment law firm in the country. He says he'd figured out a basic formula which was that someone with $10 million net worth was usually willing to pay $2 million in cash to pay off their mistress. The key was confidentiality. Rothstein tells the investor that he would meet potential defendants in his office and would question them about affairs they had with an employee. The defendants would deny it. He pointed to artwork, and said there was a television screen behind it. He tells the investor he turned on a video of the guy having sex with his mistress, and told his client "We can either settle this now, or I can depose your wife, your mistress, you and your son about it." Since defendants" often couldn't or wouldn't pay the entire settlement up-front, Rothstein tells the investor that his first harassment case many years ago, involved a $3.5 million settlement and a million-dollar legal fee, so Rothstein assigned the settlement to a good friend and the plaintiff settles for $3 million without a trial. The "good friend" stood to be paid $3.5 million once the defendant paid up, a half-million dollar profit.  "In 20 years, I have never seen a defendant sue on breach of settlement," Rothstein told them. "The whole idea is that it's secret. Why would they sue?"  Altho

user: What happened with Swindle Pitch?

assistant: $10 million net worth

user: Where did this money go, was it legal?

assistant: He tells the investor he turned on a video of the guy having sex with his mistress, and told his client

user: Who did Rothstein work with?

assistant: the defendant

user: Was the defendat found guilty?

assistant: TD Bank,

user: What other cases did Rothstein manage or was a part of?

assistant: David Boden

user: Was David Boden innocent of the charges presented against him?

assistant: sixty percent

user: Was he convicted or did he get away with it?

assistant: It was one of the largest qui tam cases in history.

user: In what year did this happen?

assistant: Rothstein then discusses other larger cases:

user: Anything else interesting about the article.

assistant: potential defendants

user: What about the potential defendats, what was their roles?

assistant: He pointed to artwork,

user: Was this artwork important?

assistant: $10 million net worth was usually willing to pay $2 million in cash to pay off their mistress. The key was confidentiality.