Trump releases fraudster executive days into prison sentence The former investment manager was convicted of defrauding thousands of investors.

#Trump

"US attorney Joseph Nocella said at the time of #Gentile 's sentencing that #GPBCapital was built on a "foundation of lies" and that the company made $1.6bn (£1.2bn) while using #investor capital to pay distributions to other investors"

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Trump releases fraudster executive days into prison sentence The former investment manager was convicted of defrauding thousands of investors.

US President Trump has commuted the sentence of #DavidGentile, who was just days into 7-year #prison sentence for #fraud

#Gentile former CE & founder of #GPBCapital convicted for a multi-year scheme to defraud more than 10,000 investors.

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Mr. Gentile’s company, #GPBCapital, defrauded 10,000 investors by misrepresenting the performance of the funds and the source of money used to make monthly distribution payments.