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Old 12-09-2009, 07:35 PM
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Update on Streetbeasts lawsuits and George G. Levin

Just wanted to bring everyone up to date on some very interesting developments in the Streetbeasts lawsuit(s), and start a new fundraiser to cover new legal fees. For background, you can check out the original lawsuit post. In a nutshell, 3 frivolous lawsuits have been filed against me by Streetbeasts and its owner, George G. Levin, in an attempt to push for takedown on an article that reveals the connection between Streetbeasts and Classic Motor Carriages, a kit car company that pleaded guilty to federal wire fraud charges. This is a pathetic attempt to bully us out of our First Amendment rights. We haven't budged an inch, and the article has stayed online, largely thanks to donations to our legal fund from Hotrodders.com members.

I saw a thread in which some people had already noticed that George G. Levin, the owner of Streetbeasts and Classic Motor Carriages, has had his name in the press lately, in association with an alleged $1.2 billion Ponzi scheme in Florida. Scott Rothstein, a Florida lawyer, was arrested last week on various federal fraud and racketeering charges, including violating the Racketeer Influenced and Corrupt Organizations Act (RICO), often used to prosecute the Mafia and others involved in organized crime. Federal agents have been busy seizing Rothstein's assets: mansions, boats, and a car collection that included Ferraris, Lamborghinis, Rolls-Royces, and a couple of Bugatti Veyrons.

Press reports indicate that Streetbeasts's owner, George G. Levin, through various investment companies, allegedly lured people into putting hundreds of millions of dollars into Rothstein's fraudulent investment deals. According to the Miami Herald, Levin has been named as a defendant in a lawsuit that alleges he was a co-conspirator of Rothstein. The head of the FBI's South Florida Division has stated that "The investigation is far from over", and the FBI is now investigating Rothstein's accomplices. Levin has hired a PR firm, and, through his spokesman, maintains that he himself was a victim of the scheme. Here's a photo of Levin and Rothstein together.

The Florida press has picked up on the lawsuits against me, and published links to the wiki article and this forum. See this article for details: Rothstein Feeder George Levin's Ugly Past. More details are in this article: Unveiling Rothstein's Top Investor, and in the Wikipedia article on Scott Rothstein.

How does this affect the lawsuits filed by Streetbeasts and George G. Levin over the wiki article? I don't know, and we might not know for a long time, as the case progresses. Nevertheless, we still need to raise more money to pay for legal fees. So, I'm asking that everyone please take a moment and think of what this website is worth to you. Or, better yet, think about what it's worth to you to be able to speak freely about any company in this industry. Then, consider donating one-tenth, one-twentieth, or one-hundredth of that amount to the legal fund. If everyone who frequented this website did that, then we would have plenty of money for costs and attorney's fees. See this post for more details on donating via PayPal, mail, or by auctioning off a spare part you don't need.

You'll notice a new tachometer fundraising graphic at the top of forum pages to kick off a new fundraising drive to cover legal fees (thanks Doodler and Only Racing for their donations of artwork). If we can push that tach to 10,000 rpm, and raise $10,000, we should be well-equipped to fight this next round, beat back Streetbeasts and George G. Levin, and keep the article online.

Thanks.
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