Fraudster Trump Pardoned Now Off the Hook for Paying Restitution to Victims

Fraudster Trump pardoned now off the hook for paying restitution to victims

President Donald Trump pardoned former private equity executive David Gentile this week, and made it so he will also be free from the responsibility of making his victims whole.That's according to a Wednesday article in Politico, which reported that Gentile — who was convicted of conspiring to defraud thousands of people to the tune of $1.6 billion – will no longer have to come up with $15.5 million in restitution a judge ordered him to pay to v…

Fraudster escapes $15M in restitution thanks to Trump

David Gentile, a convicted fraudster pardoned by President Donald Trump, will no longer have to pay the $15.5 million in restitution he owed. The former CEO of GPB Capital and his business partner, Jeffry Schneider, were convicted in August 2024 of conspiring to defraud thousands of investors in a s...

Trump continues to overlook SBF as president issues fresh pardons

Donald Trump is in the news again for quietly setting free David Gentile, a private equity executive who is responsible for defrauding thousands of regular people in a scheme that landed him seven years in jail, as well as fines and restitution.  That makes it yet another pardon that has not been granted to Sam Bankman-Fried, who continues to be courting the President’s attention for clemency.  On Polymarket, traders are pricing his pardon at a …