Trump Commutes Sentence of GPB Capital Fraud Defendant David Gentile

Trump commuted the seven-year sentence of David Gentile on November 26, 2025, co-founder of GPB Capital Holdings. Gentile was convicted of orchestrating a Ponzi-style fraud that defrauded approximately 17,000 retail investors out of hundreds of millions of dollars by paying false dividends from investor principal rather than business revenue. The commutation reduced his sentence without erasing his fraud conviction.