Meanwhile, the sentencing of two top GPB executives, founder David Gentile, and broker-dealer and sale chief Jeff Schneider, was scheduled for this week but has been moved to May, according to court ...
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 ...
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Founders of GPB Capital Get Prison Time for Fraud
A federal judge ordered prison time for the architects of the biggest private-equity fraud since the collapse of Abraaj Group in 2018, sentencing both Friday for their roles in setting up GPB Capital ...
Two men awaiting sentencing on criminal fraud and conspiracy charges tied to roughly $1.8 billion invested with GPB Capital Holdings have objected to an initial plan to distribute hundreds of millions ...
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