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Seven years after GPB Capital Holdings, the high-risk, high-cost private placement manager, began to unravel because of accounting shortfalls, its two senior executives, founder David Gentile, and ...
Founders of GPB Capital Get Prison Time for Fraud© Reuters Two of the architects of the $1.8 billion GPB Capital fraud received prison sentences Friday in U.S. District Court in Brooklyn, N.Y ...
GPB Capital, which sold $1.8 billion in private placements from 2013 to 2018 before its collapse, is not a party in the matter, according to the Arizona Securities Division.