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Trump commutes 7-year prison sentence of former private equity CEO David Gentile days after his sentence began (NBC)WASHINGTON — President Donald Trump has commuted the seven-year sentence of former private equity CEO David Gentile days after he reported to prison, a White House official confirmed.
Gentile was sentenced in May to seven years in prison on wire and security fraud charges. He began his sentence on Nov. 14 and was released on Nov. 26, Bureau of Prisons spokesman Donald Murphy said. The White House pardon czar, Alice Marie Johnson, also confirmed Gentile's release in a post on X.
Gentile was the CEO and co-founder of GPB Capital Holdings and was convicted by a federal jury in August 2024 of conspiracy to commit securities fraud, conspiracy to commit wire fraud, securities fraud and two counts of wire fraud.
...
Gentile was sentenced in May to seven years in prison on wire and security fraud charges. He began his sentence on Nov. 14 and was released on Nov. 26, Bureau of Prisons spokesman Donald Murphy said. The White House pardon czar, Alice Marie Johnson, also confirmed Gentile's release in a post on X.
Gentile was the CEO and co-founder of GPB Capital Holdings and was convicted by a federal jury in August 2024 of conspiracy to commit securities fraud, conspiracy to commit wire fraud, securities fraud and two counts of wire fraud.
...