Wife of Rothstein law partner: Ferrari gift was bizarre
The wife of Ponzi schemer Scott Rothstein’s former law partner Stuart Rosenfeldt gave sworn testimony earlier this month that she was unaware of her husband’s financial dealings.
Suzanne Rosenfeldt said she never saw 2008 tax documents that showed her husband pulled down $29.5 million in income and didn’t know some political contributions had been made in her name. She said she didn’t even know where her husband did his banking, according to court documents.
She did acknowledge she thought that it was bizarre that Rothstein gave her husband a Ferrari as a gift.
Suzanne Rosenfeldt sat down July 7 with attorneys handling the massive bankruptcy case resulting from the fallout of Rothstein’s $1.4 billion Ponzi scheme. She gave a three-hour deposition, oftentimes declining to answer questions, citing marital privilege.
The trustee for the bankrupt Rothstein Rosenfeldt Adler law firm is suing the couple, alleging Stuart Rosenfeldt received more than $9 million in compensation he wasn’t entitled to, including $1 million in credit card charges covered by the law firm.
Suzanne Rosenfeldt defended her husband, saying he did not launder money for the Ponzi scheme.
“I don’t believe it now and it never occurred to me then, never occurred to me,” she said.
She said she thought the law firm was successful.
When bankruptcy attorney Charles Lichtman asked her if she felt her husband had been truthful with her about his finances, Suzanne Rosenfeldt answered: “There’s certainly a lot I didn’t know.”
Lichtman further pressed her on if she intentionally ignored her husband’s newfound wealth.
“Was that willful on your part that you just turned your head the other way, that you have the use of a firm American Express card, have this big Mercedes, have this boat…all at about the same time?” Lichtman asked.
Suzanne Rosenfeldt responded: “I don’t know what to say. I don’t know what to say.”
“I think you just did,” Lichtman said.
When Stuart Rosenfeldt sat down for his deposition this month, he invoked his Fifth Amendment right against self-incrimination more than 700 times, according to a transcript. He didn’t respond to any questions related to Rothstein’s Ponzi scheme.
Rothstein was sentenced last month to 50 years in prison for the largest financial fraud in South Florida history.