Find Your Daily Voice
29°
$1B Scheme: Pair Of CEOs, Including NY Man, Defrauded 10K Investors, Jury Finds
A New York resident was one of two CEOs convicted in federal court of a $1 billion fraud scheme involving thousands of investors.
Long Island resident David Gentile, age 57, of Manhasset, and Jeffry Schneider, age 55, of Austin, Texas, were found guilty in federal court on all counts of an indictment charging them with conspiracy to commit securities fraud, conspiracy to commit wire fraud, and securities fraud.
Gentile, the owner and CEO of GPB Capital Holdings, was also convicted on two counts of wire fraud.
The verdict came after an eight-week trial.
When sentenced on Thursd…
Ex-Attorney Sentenced For Bilking $169K From Her Clients
In an investigation assisted by Greenwich Police, a former lawyer in Connecticut will spend nearly four years behind bars after admitting to her role in bilking clients out of more than $169,000 through several schemes.
Bristol resident Jodi Zils Gagne, 43, was sentenced on Tuesday, April 23, to 46 months in prison, followed by three years of supervised release after pleading guilty to one count of mail fraud late last year.
Zils Gagne, an attorney, acted as a court-appointed conservator for several of her victims in Connecticut. U.S. Attorney John Durham said that as a conservator, Zils Ga…
