Now way, and there’s a perfectly good explanation:
“Despite disclosures by the bankruptcy trustee, at no time did my client make anywhere near $6 million,” Lehr said.
Lehr declined to specify the exact salary, but said it’s likely closer to the figure the court record cited for this year.
“When Rosenfeldt questionned earnings on his tax statements, he was told by Rothstein that this was phantom income through profits the firm was making buying and selling businesses with a hedge fund,” Lehr said. “It is my understanding that all taxes were paid.”
Let me make sure I have this right — “phantom income through profits that the firm was making buying and selling businesses with a hedge fund.”Dear lawyers of South Florida, many of whom are equity partners in a law practice — WTF???
Can someone explain that or is the Ambien kicking in again?