Alternative Asset Firm’s Former CEO Wants Money Despite Facing Criminal Fraud Charges
David Gentile, the founder of GPB Capital Holdings LLC, is requesting that a district court grant him supervised mediation as he attempts to secure millions of dollars that he claims the alternative asset firm owes him as owner and general partner.
Gentile, ex-managing partner Jeffrey Lash, and Ascendant Capital owner Jeffry Schneider are accused of operating an over $1.7B Ponzi scheme that defrauded more than 17,000 investors. The three men are also facing criminal charges.
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