David Gentile's Ponzi Scheme: $1.8 Billion Fraud Exposed
Unraveling a Massive Fraud David Gentile, former CEO of GPB Capital Holdings, mastermind behind a $1.8 billion Ponzi scheme, has been found guilty. This article explores the rise, fall, and impact of Gentile’s fraudulent scheme, highlighting lessons learned and the importance of financial literacy. The Rise of a Fraudulent ‘Guru’ Exploiting investors’ thirst for high returns, Gentile misled investors into a Ponzi scheme, using new investments to pay off older ones....