Witness Testifies About Knowledge of Jeffrey Epstein’s Wealth and Possible Use of Epstein Case in Alleged Ponzi Scheme

A. Did Wayne Black work for Ron Cacciatore? Q. Are you asking me -- A. I'm asking anyone in the room who wants to talk to me. Q. |] Jove to talk to you, but ] don't know the answer to that question. He might have. Brad might be able to tell you. MR. EDWARDS: No. THE WITNESS: When you said Wayne Black's name again and that J hired him to do something, ] seem to think that he may have been associated in some way with Mr. Cacciatore, but I'm not sure one way or the other. I don’t remember whether or not ] met Mr. Black, it's possible | did, it's also possible ] did not. And] don't have an independent recollection of retaining him to do anything or whether | was part and parcel of the decision if we {Short recess taken.] FURTHER DIRECT EXAMINATION BY MR. GOLDBERGER: Q. Allright. Mr. Rothstein, Jack Goldberger, I'm going to ask you some questions now. You testified that you knew Jeffrey Epstein was a billionaire. You did testify to that today, correct? A. Yes. Q. Okay. Tell me how you knew that. How did you know that Mr. Epstein was a billionaire? A. Russ Adler told me. ] looked him up on the internet. Q. What did you look on the internet about Mr. Epstein? A. 1] don't recall, but ] remember looking up an seeing that he was very wealthy, that he was a billionaire. ee a ee br +I + Me NUOUPWNHPRP DU ADAATIA OB WN ?EH ~) 4 cO did, in fact, retain him, whether ] was part and parcel of the decision to retain him. BY MS. HADDAD: Q. Traveling out of state for depositions for the particular cases, did you have to approve that? =A. Jt would depend upon who the lawyers were, the significance of the expense. It would have been case by case. |] certainly would not have been approving or disapproving Mr. Nurik's travel, Mr: Rosenfeldt's travel, Mr. Boden’s travel, Mr. Lippman's travel. That was their own thing. If a younger lawyer like a Shawn Birken came to-me and said he need to travel out of state for something, if it was just for a deposition, 1 wouldn't © have gotten involved in that unless he was telling my CFO, Ms. Stay, that he wanted to fly first class and stay in the Ritz Carlton, then ] would have gotten involved. But other than that, no. The firm was too big for me to get involved on a daily basis with all that stuff. Q. If Brad had to go out of state to take a deposition, you wouldn't be the person to approve or disapprove that? A. Russ Adler would have handled that. And if there was an issue, Russ would have come to me. And J don't know what the relationship was specifically between Brad and Russ, but it's certainly possible that Brad just was going to go do what he needed to do to properly handle the case and ] would have trusted him to do that. MS. HADDAD: Can we just take a second. We are going to take a minute, okay? THE WITNESS: Sure. Page 91 see eee agn gg egret yan ten tps nba eae tm repens eo i ran ray 4 So he ps ee pt bs 4 OP WHE OUMWU DAIHDUEUFWNPFP DMO DAHA SFWNE ps epusrene seme vere acenertmmrne cetera eta en zt TGS TU TENTS EEC EASE SEES PME PER SPER I MM NM NM NM NH Q. Okay. So as far as learning that Mr. Epstein was a billionaire, you learned via two ways, one was from Russ Adler, correct? Is that correct? A. Yes, sir. Q. And the other was through looking up Mr. Epstein on the internet, correct? A. Yes. - Page 92 Ee eS ESHER LANTUS AEE ASS IS a ee ee HRA Q. Okay. And you don't know what you reviewed on the internet in an effort to determine that Mr. Epstein was a billionaire; is that correct? A. I do not recall. Q. Do you know when you did that? A. 1 do not. Q. Was it prior to your needing to use the Epstein case to further your Ponzi scheme? A. Yes. Q. Okay. So prior to -- ] think you indicated that you needed an influx of money at some point and that's when you decided to use the Epstein case in furtherance of the Ponzi scheme; is that correct? A. Yes. Q. So prior to that time though, prior to determining that you needed to use the Epstein case for the Ponzi scheme, you Jooked up Mr. Epstein and you spoke to Mr. Adler about his work; is that correct? A. Yes. Q. Why did you do that, Mr. Rothstein, if you weren't using the Epstein case at that point in your Ponzi scheme? A. Because it was a legitimate case in the legitimate portion of RRA that ] had reason to believe Page 93 24 (Pages 90 to 93) FRIEDMAN, LOMBARD] & OLSON 305-371-6677 5ed93085-0554-447f-bcdd-ca2d8fe941df HOUSE_OVERSIGHT_017513