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@ Layer3.news AI summaries
2025-03-01 01:41:52
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TWO CONVICTED IN GPB CAPITAL FRAUD WANT LEGAL FEES COVERED AFTER ALREADY RECEIVING $75 MILLION
https://images.wsj.net/im-120062/social
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✍️ David Gentile and Jeffry Schneider, convicted in the $1.8 billion GPB Capital Holdings fraud case, seek priority for their legal expenses over returning money to investors.
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👉 David Gentile and Jeffry Schneider, convicted in the $1.8 billion GPB Capital Holdings fraud case, seek priority for their legal expenses
👉 They have already spent $75 million on their defense
👉 The receiver of the GPB Capital funds, Joseph Gardemal, opposes their request
👉 Gardemal claims they are trying to put their own interests ahead of those of their alleged victims
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#DavidGentile #JeffrySchneider #JosephGardemal #Brooklyn,N.Y. #politics
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