GPB fraud perpetrator may avoid forfeiting over $15 million

President Trump’s clemency order for David Gentile has raised the possibility that a forfeiture proceeding against him will ...
Axios on MSN

Trump lets private equity exec out of prison early

President Trump last week commuted the seven-year prison sentence of private equity investor David Gentile, who served only ...
InvestmentNews

In a win for investors, GPB, at last, to move into receivership.

In what appears to be a victory, albeit a tardy one, for the investors in the moribund private placements of GPB Capital Holdings, which has been charged with fraud, the company will move into ...
Wall Street Journal

Judge Appoints Receiver to Liquidate GPB Capital Holdings

Private-equity firm GPB Capital Holdings, facing civil fraud allegations since early 2021, will be liquidated by a court-appointed receiver, signaling the end of a long wait for roughly 17,000 ...