Monday, December 28, 2009

Rothstein's Firm Gave Over $6M to Charities and Nonprofits

A defunct South Florida law firm run by an attorney now charged with operating a huge Ponzi scheme gave more than $6 million in the past year to charities and nonprofit groups.

A federal bankruptcy court filing details contributions by the firm Rothstein Rosenfeldt Adler to more than 100 organizations.

The biggest amount was more than $2.5 million to Rothstein's own Rothstein Family Foundation. Big donations also went to Boys and Girls Clubs, arts groups, Jewish organizations and several groups affiliated with professional athletes.

Full Article and Source:
Lawyer Charged in Fraud Gave $6M to Nonprofits

See Also:
Editorial: Charities Will Suffer


Thelma said...

Do those donations make him a good guy? Hell, no! He needed a tax break.

Hope he enjoys it in jail!

StandUp said...

Right on, Thelma!

Anonymous said...

Well, I've got to say that maybe he chose his charities and nonprofits based on the good Rothstein does have. His intentions, I think were motivated by tax breaks, but hopefully his choices were motivated by good causes.

Lot of good that will do them now tho!

Norma said...

The Rothstein story just keeps growing!