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Fourth Avenue Built on Ponzi'd Loot?

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Dominic Tonacchio, the Brooklyn developer so very bullish on Fourth Avenue becoming the next Park Avenue, may be involved in a massive Florida Ponzi scheme. Attorney Scott Rothstein is the latest mini-Madoff (his fraud may total up to $1 billion), and as a federal investigation attempts to sort out the mess, a lawsuit against Rothstein names people he wired money to as his scheme unraveled. Among them: Tonacchio, whom the New Times reports was Rothstein's partner on "two condo buildings in Brooklyn." Tonacchio has been a partner in the Novo Park Slope and world-famous Hotel Le Bleu, among others. [New Times]