Excerpt from The Wall Street Journal PRO Private Equity: Private-equity firm GPB Capital Holdings LLC, currently facing fraud allegations from the Securities and Exchange Commission and more than a half-dozen states, is […]
Our sources have told us, and the Wall Street Journal confirms, that GPB Capital Holdings has taken the decision to sell all of its remaining Prime Automotive dealerships. Given the strength of […]
GPB Capital’s Prime Automotive Group filed an amended Form 10 with the SEC on July 21, 2021. In reviewing the 10A, a few items of interest caught our attention. David Gentile purchased […]
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 […]
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 […]
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 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 […]
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. […]
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 […]
