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office equipment from the secretarial burglary. The office
equipment that he told me was stolen from his office did not
add up to $6,900. This demonstrates Mr. Rothman's ethics in
handling his financial responsibilities-as will be discussed
later on, I witnessed this behavior from Mr. Rothman on sev-
eral occasions.
Public records also indicate that Mr. Rothman's assets were
owned by fictitious or holding corporations. This is a well-
known corporate scheme that is designed to protect your as-
sets if someone sues you. It requires that you open multiple
corporations; one to act as a holding corporation (which owns
all your assets) and one to act as a shell corporation (that sits
dormant until needed to start a fresh corporation immediately
after defuncting the existing corporation). When the operat-
ing corporation falls into trouble due to lawsuits, tax liens, etc.,
shell corporation off the shelve, open up a bank
you take your
account, and you are back in business the next day as a new
corporation. Because the assets are owned by the holding cor-
poration, this keeps the corporate assets from being levied
against when someone sues the main corporation. The corpo-
rate entity that is holding the assets cannot be sued because it
is specifically created to be a holding corporation and does not
engage in business. Therefore, the corporate scheme is that
when the main corporation is sued, it has no assets to be lev-
ied upon to pay the judgment. In reality, however, a sharp
bankruptcy trustee can find assets wherever they are and ex-
pose corporate schemes.
Mr. Rothman is a clever businessman. He had all of his
assets protected. Even the title of his Rolls-Royce was trans-
ferred to a fictitious company that he controlled six months
prior to filing bankruptcy. His corporate paperwork listed
bogus addresses for several of his corporations. Dr. Chandler
admitted to hiring Mr. Rothman because of his unethical busi-
ness dealings. He needed someone that did not mind bending
and/or breaking the rules.
Another very interesting fact about Mr. Rothman, on a
smaller note, is that he has a twin brother who is also an attor-
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