Gibraltar Bank’s role in Rothstein scheme under scrutiny - South Florida Business Journal: "Although the largest amount of money in Scott W. Rothstein’s alleged Ponzi scheme flowed through TD Bank, attorneys investigating the case said there are more unanswered questions about the smaller bank in the case, Gibraltar Private Bank & Trust.
“We need to get to the bottom of Gibraltar quickly,” said William Scherer, the attorney for some investors in Rothstein’s scheme. “I think TD Bank was his main bank, but Rothstein had Gibraltar stock and had accounts there. The accounts are being turned over, and we are going to analyze them.”
Gibraltar has been at the forefront of the Rothstein scandal since federal authorities raided Rothstein’s offices at his defunct law firm, Rothstein Rosenfeldt Adler. The feds seized several documents related to Gibraltar, including a folder marked “shred.”"
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