GPB investigation | Investment News | Bruce Kelly | November 19, 2019 During a News Conference held by Peiffer Wolf and Meyer Wilson on November 6, Toni Caiazzo Neff, the whistleblower who uncovered GPB's connections to the Russian mob, outrageous conflicts of interest, and illicit funding sources...
GPB Class Action | The DI Wire| November 7, 2019 A class action lawsuit was filed in an Austin federal court against GPB Capital Holdings, its affiliates, company executives, and the 80 broker-dealers that purportedly sold the company’s investment products to retail investors. A class action lawsuit was...
The law firms of Peiffer, Wolf, Carr & Kane and Meyer Wilson conducted a news conference today in which whistleblower Toni Caiazzo Neff laid bare allegations against GPB Capital and its Scientologist owner David Gentile....
GPB Ponzi Scheme | Law360 | Jack Queen | November 6, 2019 Law360 (November 6, 2019, 9:35 PM EST) -- The controversy enveloping private equity fund GPB Capital Holdings LLC widened Wednesday with a proposed class action alleging the firm folded shady Russian money into a $1.8 billion...
GPB Ponzi | Investment News | Bruce Kelly | Nov 6, 2019 Attorneys say investment firm's returns to investors came from new investors, not from business operations. Self-dealing, conflicts of interest and operating a Ponzi scheme were at the heart of GPB Capital Holdings and its ability to raise...
Madoff All Over Again? Whistleblower’s “Smoking Gun” Analysis of GPB Capital Scheme Was Contained in Files Indicted Ex-SEC Official Is Alleged to Have Spirited Away to GPB Capital; Law Firms Filing Class-Action Lawsuit in Texas to Recover Funds Stolen by GPB and Network of “Helpers”. NEW...
GPB Obstruction of Justice | Compliance Week | Jaclyn Jaeger | Wed, Oct 23, 2019 2:44 PM Michael Cohn, who was appointed in January as chief compliance officer at asset management firm GPB Capital Holdings, now faces charges of obstruction of justice, unauthorized computer access, and unauthorized...
GPB, Michael Cohn | The Scientology Money Project | October 26, 2019 The story of former SEC official Michael Cohn having leaked information on the US Government’s criminal investigation into GPB Capital to GPB officials in the weeks before he took a $400,000 job at the...
GPB Capital | Bloomberg | Patricia Hurtado | October 234, 2019 U.S. says theft got him a position as chief compliance officer He accepted $400,000-a-year job four days after he left SEC When Michael Cohn left his job with the enforcement arm of the U.S. Securities and...
Ponzi scheme | New York Law Journal | Jane Wester | October 24, 2019 In a document that was unsealed and later resealed by the court this week, Assistant U.S. Attorney Artie McConnell wrote that GPB seemed to be operating "like a 'Ponzi scheme.'" A former Securities and...