David Gentile had just begun to serve a seven-year sentence for role in $1.6bn scheme that defrauded thousands
Donald Trump granted clemency to private equity executive David Gentile, who had just begun a seven-year prison sentence for what prosecutors described as a $1.6bn fraud scheme, reported the New York Times.
The founder and former Chief Executive Officer (CEO) of GPB Capital, 59 year old Gentile was convicted and sentence in May to seven years in prison for his role in defrauding thousands of individual investors.