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EFTA01800062

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From: Sent: To: Thursday, January 20, 2011 4:23 PM [email protected] <http://www.palmbeachpost.com/mul=imedia/dynamic/00705/58893012_705263e.jpg> Joe Cavaretta/Sun Sentinel Enlarge Photo <http://www.palmbeachpost.c=m/multimedia/dynamic/00705/58893012_705263e.jpg> An aerial view of Scott Rothstein's Fort Lauderdale home at Joe Cavaretta, Sun Sentinel / November 8, 2009) <http://www.palmbeachpost.com/> Rothstein's home, properties likely coming to=market soon By Peter Franceschina Sun Sentinel Updated: 9:19 a.m. Thursday, Jan. 20, 2011 Posted: 9:18 a.m. Thursday, Jan. 20, 2011 Ponzi schemer Scott Rothstein's luxury properties, including his waterfront=20 multimillion-dollar mansion in the exclusive Harbor Beach enclave of Fort=20 Lauderdale, will soon likely be up for sale. Federal prosecutors are nearing the end of their forfeiture case against Rothstein, who was ordered to pay $363 million in restitution to victims of=20 his $1.4 billion investment fraud. Prosecutors are petitioning a judge to=20 take title to a dozen properties, including two New York apartments and a=20 pair of side-by-side mansions on Narragansett Bay, R.I. The premier property, though, is Rothstein's 9,235-square foot two-story ho=e at 30 Isla Bahia Drive in Harbor Beach. "The big house is the main, main asset. I don't know how that will move in=20 this market," said Rothstein's defense attorney, Marc Nurik, who has no direct involvement in the liquidation of Rothstein's assets. "The governmen= obviously wants to dispose of whatever assets they can as quickly as they=20 can to get the money into the pot for the victims." The Isla Bahia home was where Rothstein once docked his 87-foot yacht, the=20 Princess Kimberly, which also was forfeited and fetched $2.5 million at auction. Rothstein paid $6.45 million for the custom estate home by a premier builder, Seppala Corp., in March 2008. Tim Elmes, an agent with Coldwell Banker who specializes in luxury real estate, sai

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