Someone is circulating flyers in Century blasting the Gulf Breeze Loan Pool. It claims the City of Gulf Breeze and its loan program are under investigation by the Department of Justice.
Matt Dannheisser, Gulf Breeze’s attorney, has responded, “Although there is currently an ongoing nationwide Department of Justice investigation of various major players in the public finance industry (e.g., underwriters, insurers, financial advisers, derivative providers, etc.), neither the Town of Century nor the City of Gulf Breeze nor Capital Trust Agency are involved in the investigation and there has not been the slightest assertion of wrongdoing on their parts.”
See the flyer and read more on NorthEscambia.com.