Rothstein Auction Brings in Over $250,000

Ponzi schemer's pricey trinkets bring in quarter of a million dollars

By Brian Hamacher
|  Monday, Oct 17, 2011  |  Updated 11:24 AM EDT
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Going Once. Going Twice. Sold!

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An auction of some of the personal items of convicted South Florida Ponzi schemer Scott Rothstein and his wife brought in over $250,000 this past weekend.

Hundreds attended the live auction in Boca Raton Saturday, which was done in conjunction with an online auction that ended Thursday.

Items for sale included some of Rothstein's custom-made suits, shirts and ties, expensive cigars and a custom humidor, pricey jewelry, signed sports memorabilia and works of art, fitness equipment, patio furniture and other home furnishings.

It also included some of Kim Rothstein's high-end designer shoes and handbags, clothing and other personal items. It was the first time any of Kim's things had been auctioned.

The items had been seized from Rothstein's homes in Fort Lauderdale, New York City and Rhode Island.

Rothstein pleaded guilty in January 2010 to five charges stemming from the $1.4 billion scheme, which was used to fund his lavish lifestyle, including his several businesses, large homes and luxury sports cars.
 
The 49-year-old is currently serving a 50-year prison sentence at an undisclosed location.

"There has been strong interest in all facets of the Scott Rothstein saga, which led to very high interest in this particular auction," said Lamar Fisher, president and CEO of Fisher Auction Company, which handled the auction.

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