🇺🇸 The Supreme Leader 🥰 just pardoned one of the greatest Ponzi schemes fraudster of our time

🛌 David Gentile "built GPB Capital on a foundation of lies and raised approximately $1.6 billion from individual investors”

The scheme was based on false promises of generating investment returns from the profits of portfolio companies, all while using investor capital to pay distributions and create a false appearance of success.

He was convicted by a federal jury in August 2024 of:

🎖️ securities fraud

🎖️ securities fraud conspiracy

🎖️ wire fraud

🎖️ wire fraud conspiracy

GPB used the funds to subsidize private planes and luxury travel for the three executives. Payments went to their personal bank accounts and to family members.

In around 5 years, GBP lost 40% of its assets, generating a 700 million dollars loss for investors.

He was sentenced to seven years in prison in May.

THE SCAMS WILL CONTINUE 😲