From Palm Beach Daily News:

Palm Beach County Economic Forum President Rebel Cook said she is still “reeling” from news of the alleged scam. She predicts many wealthy Palm Beachers will be forced to cut back on their personal staffs, creating a trickle-down effect of growing unemployment. In the coming weeks, area restaurants, which are already hosting fewer patrons and coping with reduced staffs, will likely receive even less business, and charitable foundations will try to survive with dwindling donations, Cook said. The only South Florida industry that might be spared from the fallout is the legal industry, which will feed off the inevitable slew of lawsuits, Cook said. But even that’s not a sure thing. “Will lawyers do well?” Cook said. “Yes, if their clients can pay them.”

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In the News by David F. Carr