Magistrate Judge Vera Scanlon has recommended that the US Eastern District Court of New York order GPB Capital Holdings placed into Receivership immediately and a litigation injunction be imposed. Her recommendation further […]
The Next Scheduled Train Wreck: Scientologists David Gentile and Matt Judkin Plan to Fight the US Securities & Exchange Commission in US Federal Court
Following his February 2021 criminal indictment on felony charges related to allegations of running his company GPB Capital Holdings as a $1.8 billion Ponzi scheme, Scientologist David Gentile agreed to resign as […]
GPB Capital Automotive Fund SEC Form 10K: GPB Capital Insiders Still Making Millions of Dollars as the Fund Liquidates
Following our recent article entitled The Colossal Wreck of Scientologist David Gentile’s GPB Capital Holdings Ponzi Scheme is Slowly Sinking Beneath the Waves, reader M.S. Cohn left a comment suggesting we read […]
NYC Attorney Michael Emanuel Joins GPB Capital Holdings as Chief Compliance Officer; GPB Issues New ADV & Part 2 Brochure
New York City attorney and private fund expert Michael Emanuel has left the venerable 140 year-old law firm Stroock & Stroock & Lavan to become the General Counsel and Chief Compliance Officer […]
Scientologist-Owned GPB Capital Admits to Staggering Losses in Latest ADV Filing: AUM at $239 Million; Down from $1.1 Billion in July 2019
July 2019: We reported on GPB Capital Holding’s staggering $700 million loss across all of its funds. GPB was forced to issue this new valuation after Fidelity threatened to deplatform the company. […]