You may find this "Wimpy the Moocher" video educational:
Jay Rothstein's modus operandi shows a disturbing pattern:
- Jay Rothstein, like a used-car salesman, has made big claims and false promises to lure or string along investors and partners.
- Jay Rothstein seems to inflate the level of financial commitments he has actually raised when speaking with potential investors and business partners.
- Few of Jay Rothstein's claims about the deals he is close to signing ever seem to come to fruition.
- According to Ryan Glasgow, Jeremy Miller's agent, Jay Rothstein misrepresented himself as Jeremy Miller's agent in China.
- Jay Rothstein exists off "Other People's Money".
- We are not aware of anyone who has invested with Jay Rothstein who has ever made any money, except Jay Rothstein or his son Kyle Rothstein.
- As one reporter wrote, Jay Rothstein's films are vehicles for a father to promote his son. A large part of the media coverage for Jay Rothstein's films is focused on promoting his son, with only cursory promotion of the film.
- Jay Rothstein solicits investments from people with a worthless "personal guarantee" or promissory note.
- Personal guarantees and promissory notes are only as good as the person making them. In Jay Rothstein's case, they have a history of being worthless since he has not honored 2 that we know of so far.
- Jay Rothstein has positioned himself to be "judgment proof" in China.
- A U.S. judgment is not honored by the China legal system nor enforceable in China.
- Jay Rothstein has no readily identifiable assets in the U.S.
- China's legal system is convoluted and takes years to work its way from complaint to judgment - an expensive proposition if not in China.
- Jay Rothstein has made serving him with U.S. court documents in China difficult and time consuming.
- Jay Rothstein did not allow his U.S. attorney to accept service on his behalf.
- Jay Rothstein intentionally avoided service in the past and forced plaintiffs to serve him using the Hague Convention.
- Jay Rothstein will likely threaten to file for bankruptcy to deter people from filing lawsuits against him and expose his actions.
- Given his personal experience filing for bankruptcy in the past, one must be prepared if he tries to abuse the U.S. bankruptcy process to get any legal judgments awarded against him discharged in any future bankruptcy filing.
- Or one must be prepared to waste their time and money in the bankruptcy court process.
Basic prudence calls for avoiding all dealings with Jay Rothstein.
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