Rothstein Auction

Rothstein's super expensive exotic toys --the Italian sports cars and yachts -- are going to auction at 11 a.m. June 3 at the Broward County Convention Center.

The high-living Rothstein agreed to forfeit the cars and boats to the federal government as part of his January plea agreement. He pleaded guilty to five felonies for running a $1.4 billion Ponzi scheme from his downtown Fort Lauderdale law offices and faces up to 100 years in prison at his June 9 sentencing.

Rick Levin, the Chicago-based auctioneer handling the sales, would not say Thursday what he expects the items will fetch.

http://www.sun-sentinel.com/news/broward/rothstein/sfl-rothstein-auction-blog-042310,0,2162841.story

 

VSE Corporation and Rick Levin & Associates, Inc. will conduct a Specialty Auction of seized and forfeited luxury vehicles and vessels formerly owned by Scott Rothstein and others.

The auction will be conducted on behalf of the U.S. Department of the Treasury at 11:00 a.m. on Thursday, June 3, 2010 at Broward County Convention Center, 1950 Eisenhower Blvd., Ft. Lauderdale, FL, 33316.

Most of these luxury vehicles and vessels for auction were property acquired by Rothstein through his involvement in a ponzi scheme. This property was seized from him as part of the investigation and prosecution of the case against him. Scott Rothstein entered a guilty plea in January 2010 and faces up 100 years in prison at his May 6 sentencing.

The auction will include the following vehicles and vessels:
Vehicles:

2008 Bugatti Veyron
2009 Bentley Continental GTC
2007 Rolls – Royce Phantom
2009 Ferrari 430 Spyder
1967 Corvette Convertible
2007 Ford Expedition Limo
2008 Cadillac Escalade
2008 Mercedes - Benz SLR
2009 Maserati GT
2010 Lamborghini LP-670SV

Vessels/Water Craft:
2007 87’ Warren Yacht
2005 33’ Riva Aquariva Super
1998 55’ SeaRay Sundancer
2006 Nor-Tech Supercat
Yamaha Jet Ski’s

http://www.ricklevin.com/auctions/auctionDetails.aspx?aid=317&ati=2