Friday Photo: The fruits of fraud

FORT LAUDERDALE, FL – JUNE 03: A person checks out a 2006 Ferrari F430 Spyder before the auction put on by Rick Levin and Associates, Inc., on behalf of the U.S. Dept. of the Treasury, of convicted Ponzi schemer Scott Rothstein’s cars and watercraft at the Broward County Convention center on June 3, 2010 in ...

568338_fraud2.jpg
568338_fraud2.jpg

FORT LAUDERDALE, FL - JUNE 03: A person checks out a 2006 Ferrari F430 Spyder before the auction put on by Rick Levin and Associates, Inc., on behalf of the U.S. Dept. of the Treasury, of convicted Ponzi schemer Scott Rothstein's cars and watercraft at the Broward County Convention center on June 3, 2010 in Fort Lauderdale, Florida. Rothstein, plead guilty to running the estimated $1.2 billion Ponzi scheme in January. The cars at the auction included a 2008 Bugatti Veyron, a 2009 Bentley Continental GTC, a 2007 Rolls-Royce Phantom, a 2009 Ferrari 430 Spyder, a 1967 Corvette Convertible, a 2009 Maserati GT and a 2010 Lamborghini LP-670SV. Some of the proceeds from the auction will go towards paying back the victims of Rothstein's scheme.

FORT LAUDERDALE, FL – JUNE 03: A person checks out a 2006 Ferrari F430 Spyder before the auction put on by Rick Levin and Associates, Inc., on behalf of the U.S. Dept. of the Treasury, of convicted Ponzi schemer Scott Rothstein’s cars and watercraft at the Broward County Convention center on June 3, 2010 in Fort Lauderdale, Florida. Rothstein, plead guilty to running the estimated $1.2 billion Ponzi scheme in January. The cars at the auction included a 2008 Bugatti Veyron, a 2009 Bentley Continental GTC, a 2007 Rolls-Royce Phantom, a 2009 Ferrari 430 Spyder, a 1967 Corvette Convertible, a 2009 Maserati GT and a 2010 Lamborghini LP-670SV. Some of the proceeds from the auction will go towards paying back the victims of Rothstein’s scheme.

Tag: Media

More from Foreign Policy

A photo illustration shows Chinese President Xi Jinping and U.S. President Joe Biden posing on pedestals atop the bipolar world order, with Indian Prime Minister Narendra Modi, European Commission President Ursula von der Leyen, and Russian President Vladamir Putin standing below on a gridded floor.
A photo illustration shows Chinese President Xi Jinping and U.S. President Joe Biden posing on pedestals atop the bipolar world order, with Indian Prime Minister Narendra Modi, European Commission President Ursula von der Leyen, and Russian President Vladamir Putin standing below on a gridded floor.

No, the World Is Not Multipolar

The idea of emerging power centers is popular but wrong—and could lead to serious policy mistakes.

A view from the cockpit shows backlit control panels and two pilots inside a KC-130J aerial refueler en route from Williamtown to Darwin as the sun sets on the horizon.
A view from the cockpit shows backlit control panels and two pilots inside a KC-130J aerial refueler en route from Williamtown to Darwin as the sun sets on the horizon.

America Prepares for a Pacific War With China It Doesn’t Want

Embedded with U.S. forces in the Pacific, I saw the dilemmas of deterrence firsthand.

The Chinese flag is raised during the opening ceremony of the Beijing Winter Olympics at Beijing National Stadium on Feb. 4, 2022.
The Chinese flag is raised during the opening ceremony of the Beijing Winter Olympics at Beijing National Stadium on Feb. 4, 2022.

America Can’t Stop China’s Rise

And it should stop trying.

Ukrainian President Volodymyr Zelensky looks on prior a meeting with European Union leaders in Mariinsky Palace, in Kyiv, on June 16, 2022.
Ukrainian President Volodymyr Zelensky looks on prior a meeting with European Union leaders in Mariinsky Palace, in Kyiv, on June 16, 2022.

The Morality of Ukraine’s War Is Very Murky

The ethical calculations are less clear than you might think.