Attorney: Scott Rothstein's partner Stuart Rosenfeldt to be indicted

Lawyer Says Feds Informed Rothstein

Rothstein with Rosenfeldt, left, and Adler

Stuart Rosenfeldt, Ponzi schemer Scott Rothstein's former partner and the second "R" in RRA, has been informed by the federal government that he will be indicted on criminal charges, says his attorney.

Rosenfeldt played a public role in representing the crumbling law firm in the aftermath of the implosion of Rothstein's billion-dollar Ponzi scheme. He is one of many former Rothstein law partners and business associates expected to be arrested by the feds prior to December 12, when Rothstein is scheduled to begin a grueling string of civil depositions that are expected to take 10 days to finish.

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Several sources say that Russell Adler, the third named partner in the defunct Rothstein Rosenfeldt Adler firm, is among those expected to be charged. Adler's attorney, Fred Haddad, didn't dispel that idea, saying he expects more indictments soon and that the the filing of criminal charges Thursday against two Rothstein associates -- Marybeth Feiss and William Boockvor -- indicated "which way the wind was blowing."

Rosenfeldt's attorney, Bruce Lehr, said federal officials informed him a few months ago that his client was going to be charged criminally. Lehr said he has been given no time frame and has no information on what exactly Rosenfeldt will be charged with. 

A clue may be found in the case of former Rothstein assistant Feiss. Rothstein allegedly reimbursed Feiss for a 2008 campaign contribution to John McCain, a felony.

From the government's press release on the Feiss charges: 

To circumvent federal campaign finance laws that limited the amounts that donors could contribute, Rothstein enlisted some of the attorneys, administrative personnel at RRA, and others  associated with RRA, including Feiss, to make political contributions  to various political campaigns.  Rothstein bundled these contributions to contribute more than $1 million on behalf of RRA to various political committees associated with John McCain's presidential election campaign.  Subsequently, Rothstein used monies from RRA to reimburse these individuals for their purported contributions.  To disguise the repayment of the political contributions, RRA would classify the reimbursement checks to these individuals as bonuses or miscellaneous expenses.  As a result of the bundled contributions made on behalf of RRA, Rothstein was named a delegate to the 2008 Republican National Convention and was appointed as a member of the Judicial Nominating Committee. 

Rosenfeldt and Adler and their wives gave hundreds of thousands of dollars in contributions to McCain and other GOP causes and were allegedly reimbursed. Several other law firm partners also gave substantial sums to political campaigns. 

When asked how Rosenfeldt was holding up with the knowledge he would soon be hit with federal felony charges, Lehr said only, "He's a very strong person."