Even after being indicted and arrested for five felonies and having been sued for securities fraud by at least ten US States, Scientologist David Gentile and his partner in crime Jeffry Schneider […]
1. The preliminary criminal trial for Scientologist Danny Masterson on multiple forcible rape charges set to begin on May 18, 2021 in Los Angeles. 2. The criminal trial of Scientologist-Nation of Islam […]
GPB Capital Sues to Recover $2.2 Million in PPP Loans Taken Back by the Bank After Criminal Indictments Against David Gentile et. al.
Talk about hubris! GPB Capital Holdings was excoriated in the media in July 2020 for taking $8 million in PPP loans even as it was at the center of an FBI […]
David Gentile’s $1.8 Billion Ponzi Scheme Shatters the 1990’s Record of His Fellow Scientologist Ponzi Schemer Reed Slatkin
The largest Ponzi schemes in US history: Bernie Madoff: $65 billion. The largest Ponzi scheme in history. Madoff is serving 150 years in prison. Robert Allen Stanford: $7 billion Ponzi scheme. Stanford […]
Scientologist David Gentile Arrested by the FBI on Charges Related to His $1.8 Billion GPB Capital Holdings Ponzi Scheme
Scientologist and Clearwater, Florida resident David Gentile, 54, was taken into custody today by the FBI on five felony charges related to his $1.8 billion GPB Capital Holdings Ponzi scheme. Gentile was […]
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. […]
Scientologist-Owned GPB Capital Holdings Hit With Yet Another Lawsuit Alleging Serious Financial Misconduct
An article in the Boston Globe by correspondent Allison Hagan presents the details of a new lawsuit against GPB Capital, the troubled New York City private equity firm owned by Scientologist David […]
Scientologist David Gentile’s GPB Capital is under investigation by the SEC and FINRA for matters related to financial reporting and the sale of GPB Regulation D offerings through brokers.