Ponzi Schemer Put Nearly $5 Million Into Versace Mansion
Before going bust, Scott Rothstein invested $4.8 million into Casa Casuarina, better known as the Versace mansion, and other entities owned by entrepreneur Peter Loftin, according to a clawback lawsuit filed last week against Rothstein's former general counsel David Boden, who also served as executive vice president of the Miami Beach landmark.
The investment begs the question: Will the bankruptcy court hit the mansion and Loftin with a clawback suit?
We're not sure of the answer, though the bankruptcy lawyers have been suing just about everything Rothstein ever touched. We'll know soon enough, as the bankruptcy attorneys face a November 10 deadline on clawback filings.
Remember the Renato Watch company? The Boden suit specifies that Rothstein invested $4 million in that concern, which was owned by his buddy Ovi Levy and Levy's brother-in-law Daniel Mink.
Rothstein put $6,650,000 into the Bova restaurants, according to the suit, including Bova Prime, Rothstein's Las Olas hangout.
How much did he put into the V. Georgio vodka company? The suit puts it at $680,500 for a 40 percent stake.
Expect more clawbacks this week and the next.
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