Trump Frees Former GPB Capital CEO After Biden Admin’s Ponzi Scheme Sentence
The recent decision by Donald J. Trump to commute the prison sentence of David Gentile, the former CEO of GPB Capital Holdings, has revived debates about financial justice and investor protection. Gentile had been convicted in 2024 for orchestrating what prosecutors described as a $1.6 billion fraud operation resembling a classic Ponzi scheme. Background: What…