Broward News

Gibraltar Bank Releases Statement on Rothstein

A spokesman for Gibraltar Private Bank and Trust, Peter Whalen, just released the following statement about its association with suspected Ponzi schemer Scott Rothstein.

The law firm of Rothstein Rosenfeldt Adler maintained traditional banking accounts with Gibraltar Private Bank & Trust for law firm operations, including payroll. Gibraltar Private immediately reached out to the court-appointed receiver for the law firm, Herbert Stettin, regarding disposition of the balances of the accounts. Gibraltar Private has not been contacted by any governmental agencies or authorities; however the bank will provide full cooperation.
Here's a post from earlier today about the bank.

KEEP NEW TIMES BROWARD-PALM BEACH FREE... Since we started New Times Broward-Palm Beach, it has been defined as the free, independent voice of South Florida, and we'd like to keep it that way. With local media under siege, it's more important than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" program, allowing us to keep offering readers access to our incisive coverage of local news, food and culture with no paywalls.
Thomas Francis