Two central figures convicted in the $1.8 billion GPB Capital Holdings fraud case want their legal expenses to be given priority over returning money to fund investors, even though about $75 million ...
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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 ...
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 ...
Thousands of investors in GPB Capital Holdings, a private-equity firm whose founders have been convicted on criminal fraud charges, may soon get at least some of their $1.7 billion back after a ...
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