Foreclosure king Stern ‘misunderstood’

Is Fort Lauderdale’s waterfront becoming a rogue’s gallery? Water taxi drivers, who once highlighted celebrity homes, are now sprinkling in famous fraudsters such as disbarred attorney Scott Rothstein, whose home in Las Olas Isles was seized after his $1.2 billion Ponzi scheme was exposed. The water taxi tour also points out the $15 million home of foreclosure attorney David Stern, and his yacht, dubbed Misunderstood. Stern’s home is such a massive landmark on the Intracoastal Waterway that it was mentioned on the tour before Attorney General Bill McCollum started his recent investigation into his firm’s alleged mishandling of tens of thousands of foreclosure cases.

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3d rendering of a row of luxury townhouses along a street

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