The trustee unraveling the Scott Rothstein Ponzi scheme will auction off 50,000 shares in Gibraltar Private Bank & Trust once owned by the jailed Ponzi scammer.
December 09, 2015 at 03:00 PM
1 minute read
The trustee recovering money for victims of the Scott Rothstein Ponzi scheme has more Rothstein assets to auction off: 50,000 shares of Gibraltar Private Bank & Trust Co.
Rothstein bought the shares — then representing 5 percent of the bank — in 2009 for $5 million, according to Miami lawyer Paul Singerman, who represents trustee Michael Goldberg of Akerman.
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