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Fraudster’s Victims Are Seething After Trump Commuted His Sentence

David Gentile was freed days into a seven-year sentence for defrauding nearly $2 billion from thousands of investors, many of whom are retirees, prosecutors said.

Summary by Ground News
The firm sold itself as private equity for Main Street, drawing nearly $2 billion mostly from everyday Americans seeking to increase their portfolios for retirement, even as prosecutors said its executives were using the money to fund lavish lifestyles.

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Fraudster’s Victims Are Seething After Trump Commuted His Sentence

The firm sold itself as private equity for Main Street, drawing nearly $2 billion mostly from everyday Americans seeking to

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The New Yorkian | The True New Yorker - thoughtful, courteous, honest and helpfulThe New Yorkian | The True New Yorker - thoughtful, courteous, honest and helpful

Trump Commuted David Gentile’s Sentence. His Victims Are Seething.

David Gentile spent just days in prison for his conviction in what prosecutors described as a $1.6 billion scheme that defrauded thousands of investors. Source: New York Times The post Trump Commuted David Gentile’s Sentence. His Victims Are Seething. first appeared on The New Yorkian.

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DNyuz broke the news in on Friday, December 12, 2025.
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