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Palm Beach Escorts: Investors Sue Fla. Lawyer in Fraud Probe for $100M

November 26th, 2009 by palmbeachhobbyist

The investors include several partnerships, including one known as D&L Partners LP that invested $45 million. Another partnership, Razorback Funding LLC, invested $32 million, and D3 Capital Club invested $13.5 million.
The lawsuit details some investment sales pitches:
–In October, Rothstein claimed to represent 450 people who were due $2 million each in wrongful death cases against fruit company Chiquita Brands International. While the case is real, Rothstein represents none of the plaintiffs and it is still pending in South Florida federal court.
–Rothstein falsely told one investor that billionaire financier Jeffrey Epstein — convicted of soliciting prostitution from underage girls — had offered $200 million to settle sexual assault claims made by several young women. The offer came, according to the pitch, after Rothstein’s investigators supposedly unearthed evidence that unnamed celebrities and other famous people had flown on Epstein’s private jet when some of the assaults took place.

See the full article from “New York Times”

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