By
Pauline Sung on
July 11th, 2011
Photography by perpetuelle.com
There’s nothing quite as despicable as a ponzi scheme and the pathetic perpetrator behind it. High-profile Fort Lauderdale, FL attorney Scott Rothstein ran his ponzi scheme through his law firm and leeched innocent peoples’ money, buying himself an array of lavish things – perhaps most notably his incredible collection of luxury timepieces.
According to Perpetuelle, his collection is likely the largest to ever be seized by federal authorities in connection to a crime like this and, on Wednesday, July 13, Rothstein’s 262-piece haul is set to be auctioned off. At the start of the year, Rothstein pled guilty to five federal charges of racketeering, money laundering, and fraud for his immense $1.2 billion scheme and is now a convicted criminal facing 50 years in the slammer. His watch collection, worth tens of thousands of dollars apiece, will be sold to July 13’s highest bidder. Here’s a look at some of the pieces. To see the entire collection or for more information on the auction in Fort Lauderdale, visit the auction details on the U.S. Department of the Treasury website.
Lot 21: Harry Winston Ocean Dual Time in White Gold
Lot 25: Pierre Kunz “Insanity” in Titanium
Lot 72: Urwerk UR-103 in White Gold
Lot 77: Azimuth MR. ROBOTO
Lot 102: Piaget Tourbillon Relatif in White Gold
Lot 104: Daniel Roth, Limited Edition 2/15
Lot 110: Richard Mille RM011 “Felipe Massa” in Titanium and Gold
Lot 111: Audemars Piguet, Case Engraved “Especially Made for Arnold Schwarzenegger” in Titanium
Lot 165, Audemars Piguet Royal Oak Offshore “Survivor”
Lot 208: Audemars Piguet Royal Oak Offshore “SHAQ”
Tags:
Audemars Piguet,
Azimuth,
Daniel Roth,
Expensive Timepieces,
expensive watches,
Fort Lauderdale,
Harry Winston,
Haute Horology,
Haute Living Miami,
Haute Time,
Luxury Time Brands,
Luxury timepieces,
Luxury Watch Auction,
luxury watches,
Miami,
Pauline Sung,
Piaget,
Pierre Kunz,
Ponzi scheme,
Rare Timepieces,
Rare Watches,
Richard Mille,
Scott Rothstein,
Urwerk,
Watch Auction
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