In what appears to be a victory, albeit a tardy one, for the investors in the moribund private placements of GPB Capital Holdings, which has been charged with fraud, the company will move into ...
Meanwhile, the sentencing of two top GPB executives, founder David Gentile, and broker-dealer and sale chief Jeff Schneider, was scheduled for this week but has been moved to May, according to court ...
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 ...
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 ...
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 ...