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.