The leader of the "law and order" party frees a fellow fraudfeasor.
President Donald Trump sprung a fellow convicted fraudster from prison this week after the man had served less than two weeks of a seven-year sentence for a $1.6 billion Ponzi scheme.
David Gentile first reported to prison on Nov. 14 following his sentencing in May for using funds controlled by his company GPB Capital to scam around 10,000 investors over a period of several years, the New York Times reports.
He was freed Wednesday, after just 12 days behind bars.
In securing Gentile’s conviction last August, prosecutors had cited victim statements from more than 1,000 “hardworking, everyday people”—among them veterans, farmers, teachers and nurses—who’d lost money as a result of his crimes.
“I lost my whole life savings,” one person claimed, adding they’d now found themselves “living from check to check.”
Nor is he a stranger to controversially lenient treatment of inmates convicted of similar crimes. Only last week, he issued a pardon for Joseph Schwartz, a former nursing home tycoon convicted last year of a $38 million employment tax fraud scheme.
Schwartz’s pardon is reported to have followed after he paid two lobbyists, Jack Burkman and Jacob Wohl, just under a million dollars to pursue one on his behalf.
Follow the money.
President Donald Trump sprung a fellow convicted fraudster from prison this week after the man had served less than two weeks of a seven-year sentence for a $1.6 billion Ponzi scheme.
David Gentile first reported to prison on Nov. 14 following his sentencing in May for using funds controlled by his company GPB Capital to scam around 10,000 investors over a period of several years, the New York Times reports.
He was freed Wednesday, after just 12 days behind bars.
In securing Gentile’s conviction last August, prosecutors had cited victim statements from more than 1,000 “hardworking, everyday people”—among them veterans, farmers, teachers and nurses—who’d lost money as a result of his crimes.
“I lost my whole life savings,” one person claimed, adding they’d now found themselves “living from check to check.”
Nor is he a stranger to controversially lenient treatment of inmates convicted of similar crimes. Only last week, he issued a pardon for Joseph Schwartz, a former nursing home tycoon convicted last year of a $38 million employment tax fraud scheme.
Schwartz’s pardon is reported to have followed after he paid two lobbyists, Jack Burkman and Jacob Wohl, just under a million dollars to pursue one on his behalf.
Follow the money.
