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2.77 MB

Extraction Summary

6
People
4
Organizations
0
Locations
1
Events
3
Relationships
4
Quotes

Document Information

Type: Deposition transcript
File Size: 2.77 MB
Summary

Deposition transcript of Rothstein, who discusses his Ponzi scheme and the hiring of attorney Brad Edwards at his firm (RRA). Rothstein confirms his partner, Russell Adler, was a co-conspirator in the Ponzi scheme and recommended hiring Edwards because Edwards had a 'huge case involving a billionaire pedophile' (Epstein). Rothstein hoped the legitimate fees from the Epstein case would help him exit the Ponzi scheme during 2009.

People (6)

Name Role Context
Rothstein Witness/Deponent
Head of RRA firm, admitting to running a Ponzi scheme, discussing hiring Brad Edwards.
Russell Adler Co-conspirator
Partner at RRA, co-conspirator in Ponzi scheme, recommended hiring Brad Edwards.
Brad Edwards Attorney
Hired by RRA, brought the 'Epstein case' to the firm.
Jeffrey Epstein Subject of lawsuit
Referred to as a 'billionaire pedophile' involved in a 'huge case' handled by Brad Edwards.
Mr. Scarola Attorney
Present at deposition, making objections.
Mr. Goldberger Attorney
Conducting the questioning of Rothstein.

Organizations (4)

Name Type Context
RRA
Rothstein Rosenfeldt Adler (law firm), described as having an 'illegal part' (Ponzi scheme).
Rothstein firm
Alternative name for RRA.
Friedman, Lombardi & Olson
Court reporting firm listed in footer.
House Oversight Committee
Implied by document stamp 'HOUSE_OVERSIGHT'.

Timeline (1 events)

2009
Hiring of Brad Edwards at RRA
RRA Firm

Relationships (3)

Rothstein Co-conspirators/Partners Russell Adler
Admitted co-conspirators in Ponzi scheme and partners at RRA.
Rothstein Employer/Employee Brad Edwards
Rothstein hired Edwards at RRA.
Brad Edwards Legal Adversaries Jeffrey Epstein
Edwards had 'Epstein cases' or an 'Epstein case' described as a winner against the billionaire.

Key Quotes (4)

"He told me that it was a huge case involving a billionaire pedophile and that it was a winner."
Source
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Quote #1
"I actually thought of it as a way to earn legitimate money to help me out of the Ponzi scheme."
Source
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Quote #2
"In the bulk of 2009 I was praying for some sort of legitimate influx of money to get out of the Ponzi scheme."
Source
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Quote #3
"Adler was one of your co-conspirators in the Ponzi scheme"
Source
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Quote #4

Full Extracted Text

Complete text extracted from the document (4,135 characters)

1 from speaking to Mr. Adler could bring in a
2 significant amount of money to the firm.
3 Q. At that time Mr. Adler was one of your
4 co-conspirators in the Ponzi scheme; is that correct?
5 A. By this time, yes, sir.
6 Q. Okay. When did Mr. Adler become a
7 co-conspirator in your Ponzi scheme?
8 A. I don't recall the specific date.
9 Q. Was it before or after Mr. Adler recommended
10 that Brad Edwards be hired at your firm?
11 A. Before.
12 Q. So before Brad Edwards was hired at RRA,
13 Russell Adler was a co-conspirator of yours in the
14 illegal part of the RRA firm; is that correct?
15 A. Yes.
16 Q. Then after that time you hired --
17 Mr. Edwards was hired after Adler was your
18 co-conspirator? You are laughing, you are smiling,
19 why is that, sir?
20 A. Because when you say "RRA" that way, the
21 speaker sounds, it sounds like you are roaring.
22 Q. Okay. I'll just say Rothstein, how about
23 that? You know what I'm talking about if I just say
24 Rothstein.
25 A. RRA is fine.
Page 94
1 Q. Okay. So Adler is your co-conspirator in
2 the Ponzi scheme at the time that Brad Edwards is
3 hired, correct?
4 A. Yes.
5 Q. Okay. Was it Adler who recommended to you
6 that Brad Edwards be hired?
7 A. Yes. He was one of the people.
8 Q. Who else recommended that Edwards be hired?
9 A. I don't have a specific recollection of who
10 it was, but others did.
11 Q. All right. But you have a recollection of
12 Adler being one of the people, so let's talk about
13 that, all right?
14 What did Adler tell you about Brad Edwards
15 when you hired him? Did he tell you that he had these
16 Epstein cases or an Epstein case in the fold?
17 A. Among other things, yes.
18 Q. What else did he tell you?
19 A. Told me he was a great lawyer and a great
20 guy.
21 Q. Did he tell you what his history was, what
22 Edwards' history was prior to coming to the Rothstein
23 firm?
24 A. I'm certain that I asked him, but I don't
25 have a specific recollection of that conversation.
Page 95
1 Q. What did Adler tell you about the Epstein
2 case that Edwards had at the time you were
3 contemplating hiring him to become a member of the
4 Rothstein firm?
5 A. He told me that it was a huge case involving
6 a billionaire pedophile and that it was a winner.
7 Q. Did you, when you heard that, did you think
8 that was a case that could become part of your
9 Ponzi scheme?
10 A. No, I actually thought of it as a way to
11 earn legitimate money to help me out of the Ponzi
12 scheme.
13 Q. So at the time you hired Mr. Edwards and you
14 were talking to Adler about Edwards, you were trying
15 to get out from under the Ponzi scheme?
16 A. In the bulk of 2009 I was praying for some
17 sort of legitimate influx of money to get out of the
18 Ponzi scheme.
19 Q. Okay. So now Adler tells you about this
20 Brad Edwards guy, did you know Brad Edwards before
21 Adler talked to you about him? Had you run into him?
22 A. I may have. I don't have a specific
23 recollection one way or the other.
24 Q. Okay. So now he tells you that you should
25 consider hiring Brad Edwards, this is your
Page 96
1 co-conspirator talking to you, right? Is that
2 correct?
3 A. Yes.
4 Q. And he says, by the way, he's got this great
5 Epstein case involving this billionaire, correct?
6 A. Yes.
7 Q. Presumably then you had a meeting with Brad
8 Edwards when you met him; is that correct?
9 MR. SCAROLA: Presumably he had a meeting
10 when he met him?
11 MR. GOLDBERGER: I'm sorry, Mr. Scarola was
12 cutting you off when you answered, so go ahead, answer
13 again.
14 MR. SCAROLA: I didn't understand the
15 question.
16 BY MR. GOLDBERGER:
17 Q. Do you understand the question,
18 Mr. Rothstein?
19 A. I'm not sure I do because you asked me if I
20 had a meeting when I met him and I think that meeting
21 him is a meeting.
22 Q. Well, there was a meeting, correct?
23 A. I most likely met him before I hired him. I
24 most likely talked to him before I hired him because
25 that was my general way of doing business. It's all
Page 97
25 (Pages 94 to 97)
FRIEDMAN, LOMBARDI & OLSON
305-371-6677
5ed93085-0554-447f-bcdd-ca2d8fe941df
HOUSE_OVERSIGHT_017514

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