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Trump releases fraudster executive days into prison sentence

  
Via:  TᵢG  •  11 months ago  •  51 comments

By:   Sakshi Venkatraman

Trump releases fraudster executive days into prison sentence
The former investment manager was convicted of defrauding thousands of investors.

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Critical Thinkers

This is what happens when a corrupt individual is given power.   Trump is quite aware that he is a crook who has lied and cheated his entire life.   So, of course, this corrupt psychopath will grant pardons and commute sentences for his fellow crooks.   Do unto other criminals as you would have the system do unto you.

How does a Trump supporter live with the fact that they are supporting and defending a criminal who is abusing his power and reversing justice for his fellow criminals?


S E E D E D   C O N T E N T


US President Donald Trump has commuted the sentence of former investment manager David Gentile, who was just days into a seven-year prison sentence for fraud.

Bureau of Prisons records show that Gentile was released on Wednesday, less than two weeks after he reported to prison.

Gentile, the former chief executive and founder of GPB Capital, was convicted last year in what federal prosecutors described as a multi-year scheme to defraud more than 10,000 investors by misrepresenting the performance of private equity funds.

He's the latest in a string of white-collar criminals whose sentences Trump has commuted.

Gentile was convicted in August last year of securities and wire fraud charges, and sentenced in May. His co-defendant, Jeffry Schneider, was sentenced to six years on the same charges and is due to report to prison in January.

US attorney Joseph Nocella said at the time of Gentile's sentencing that GPB Capital was built on a "foundation of lies" and that the company made $1.6bn (£1.2bn) while using investor capital to pay distributions to other investors.

"The sentences imposed today are well deserved and should serve as a warning to would-be fraudsters that seeking [sic] to get rich by taking advantage of investors gets you only a one-way ticket to jail," he said.

But the White House says the Department of Justice under former President Joe Biden made multiple missteps - and that investors were aware that their money could be going towards other people's dividends.

"Even though this was disclosed to investors the Biden Department of Justice claimed this was a Ponzi scheme," the White House official said.

"This claim was profoundly undercut by the fact that GPB had explicitly told investors what would happen."

The official also cited concerns from Gentile that prosecutors had elicited false testimony.

Trump's commutation of Gentile's sentence does not clear him of his crimes like a full presidential pardon would, and it does not get rid of other potential penalties imposed.

So far in his second term, the president has pardoned or commuted the sentences of multiple people convicted of different types of fraud, including wire, securities, tax and healthcare fraud.

Last month, he pardoned Tennessee state House Speaker Glen Casada who was convicted of fraud, money laundering and conspiracy charges.

Correction 1 December 2025: This article incorrectly stated that Jeffry Schneider "remains behind bars". It has been amended to make clear that he is yet to begin serving his prison sentence.


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TᵢG
Professor Principal
1  seeder  TᵢG    11 months ago
He's the latest in a string of white-collar criminals whose sentences Trump has commuted.
So far in his second term, the president has pardoned or commuted the sentences of multiple people convicted of different types of fraud, including wire, securities, tax and healthcare fraud. Last month, he pardoned Tennessee state House Speaker Glen Casada who was convicted of fraud, money laundering and conspiracy charges.

Just sickening.   Who would have thought our nation would elect such an abysmal, dishonest, corrupt individual to the presidency and then continue to support the criminal as he abuses his powers?

How can conservative supporters abandon core principles such as the rule of law, personal responsibility, etc.?

 
 
 
devangelical
Professor Principal
1.1  devangelical  replied to  TᵢG @1    11 months ago

trump is a salesman and he's selling those pardons ...

 
 
 
Dig
Professor Participates
1.1.1  Dig  replied to  devangelical @1.1    11 months ago

Ding, ding, ding. We have a winner.

He's corrupt to the core. Hell, I think he's doubled his wealth since the inauguration, largely on crypto, which he used to call a scam.  

 
 
 
cjcold
Professor Quiet
1.1.2  cjcold  replied to  Dig @1.1.1    11 months ago

Curious why he bombs drug boats while at the same time he pardons a major Honduran drug Lord. One pays better? 

 
 
 
devangelical
Professor Principal
1.1.3  devangelical  replied to  cjcold @1.1.2    11 months ago

don jr controls the coke moving thru florida now ...

 
 
 
devangelical
Professor Principal
1.1.4  devangelical  replied to  devangelical @1.1.3    11 months ago

all of it passes under his nose now ...

 
 
 
JohnRussell
Professor Principal
2  JohnRussell    11 months ago

Trump has always had a soft spot in his heart for Ponzi schemes. 

Trump’s Biggest Side Hustle Outside Of ‘Apprentice’? Multi-Level Marketing Schemes

Sep 29, 2020

President Trump made over $11 million endorsing two multi-level marketing companies in the 2000s for which he and his children would later be sued for fraud, according to the   New York Times , which revealed for the first time how much money the future president received for hawking the MLMs, and that those two endorsements were his most lucrative side deals during his height of fame from   The Apprentice .

Key Facts

After dropping the bombshell of Trump’s tax returns on Sunday—revealing Trump paid $750 in taxes during his first two years in the White House—the   Times   followed up   Monday, revealing   The Apprentice   gave Trump a $427 million lifeline after his Atlantic City casinos failed.

The   Times   also exhaustively   detailed   Trump’s countless side deals flogging everything from laundry detergent to Domino’s pizza, but the MLM endorsements by far netted Trump the most cash.

Trump’s most lucrative deal—$8.8 million over a decade—was for promoting ACN, an MLM whose members sold telecom equipment and services, on DVDs of its products and through testimonials, with some alleging in a 2018 class action lawsuit that Trump misled them by claiming ACN was a “great opportunity” and lower in risk.

Trump nabbed another $2.6 million licensing his name to the Trump Network, another MLM that sold vitamins, before the company sold its remaining assets in 2011 with the owners declaring bankruptcy.

The Trump Network is also part of the 2018 lawsuit, which is still   making its way   through court after a Manhattan judge   ruled   in June 2019 that the four plaintiffs could pursue claims of fraud, false advertising and unfair competition.

The plaintiffs in the class action lawsuit   said   they suffered financial losses during their involvement with both MLMs, and the judge allowed the suit to proceed in May after the Trumps moved for the case to be suspended, but they will appeal the decision.

Surprising Fact

Trump promoted an ACN video phone in a 2011 episode of   Celebrity Apprentice . According to the   Times , the video phone’s technology was nearly obsolete when the episode aired.

Crucial Quote

“[Trump’s] tax returns reveal just how much [ACN] was paying him for the happy talk: $8.8 million over 10 years, including $1 million in 2009—the nadir of the Great Recession, when desperate people were drawn to promises of a fast payday,” the   Times   reported . “In fact, Mr. Trump actively capitalized on the economic anxiety.”

Key Background

It’s notoriously difficult to succeed as a distributor in an MLM. Generating income is dependent on selling the MLMs products but also on recruiting new sellers into the organization. MLMs are often referred to as “pyramid schemes,” although the Federal Trade Commission has no hard definition for   what constitutes a pyramid scheme. . A 2018   AARP study   found that nearly 75% of MLM distributors either lost money or broke even. According to the   Times , French regulators found that 1% of ACN participants actually made money, while the rest earned about $35 per month, or broke even. The class action lawsuit also names Eric Trump, Ivanka Trump and Donald Trump Jr.

Tangent

Trump pocketed $300,000 to speak at a 2004 real estate seminar in Dayton, Ohio, for a company that was later accused of running a Ponzi scheme, the   Times   reported.
 
 
 
Hal A. Lujah
Professor Participates
2.1  Hal A. Lujah  replied to  JohnRussell @2    11 months ago

I feel like falling for a Trump scam should socially brand you with a scarlet T.  At this point how could anyone with a thinking brain not see it coming?

 
 
 
cjcold
Professor Quiet
2.1.1  cjcold  replied to  Hal A. Lujah @2.1    11 months ago

Seems all democrats but very few republicans did.

 
 
 
devangelical
Professor Principal
2.1.2  devangelical  replied to  Hal A. Lujah @2.1    11 months ago
brand you with a scarlet T.

I'm thinking about a 4 inch diameter swastika branded into their right cheek and burning out their right eye ...

 
 
 
Buzz of the Orient
Professor Expert
2.2  Buzz of the Orient  replied to  JohnRussell @2    11 months ago

Bernie Madoff died too soon, but maybe Trump will pardon him posthumously.  What sickens me is that he pardoned the Jan6 insurrectionists.  How can Americans be proud of that, and say their government is superior?  Trump not only supported it, but supports it elsewhere, as in Brazil.

 
 
 
Dig
Professor Participates
3  Dig    11 months ago

Remember when presidents tried to conduct themselves ethically and honorably while in office? Trump doesn't even hide his corruption.

He also just pardoned Ex-Honduran president Juan Orlando Hernandez, who was convicted in the U.S. of drug trafficking, while he pretends to care about drug trafficking.

Worst "president" ever, bottom of the barrel. History will not be kind.

 
 
 
TᵢG
Professor Principal
3.1  seeder  TᵢG  replied to  Dig @3    11 months ago

Note also how easily this blatant corruption can spread in our government.   Doesn't take much to get a whole lot of accomplices involved in the scam.

 
 
 
devangelical
Professor Principal
3.1.1  devangelical  replied to  TᵢG @3.1    11 months ago

name one trump appointee still working within this administration that isn't in on the grift ...

 
 
 
Dig
Professor Participates
3.1.2  Dig  replied to  TᵢG @3.1    11 months ago
Note also how easily this blatant corruption can spread in our government.

A fish rots from the head down.

 
 
 
devangelical
Professor Principal
3.1.3  devangelical  replied to  Dig @3.1.2    11 months ago

it's going to be hilarious watching trump's family play squid games in real life after he's gone ...

 
 
 
Nerm_L
Professor Expert
4  Nerm_L    11 months ago

Don't know the details of the case against David Gentile.  There are some rather odd details.  Both David Gentile and Jeffry Schneider were convicted in August 2024, sentenced in May 2025, and only David Gentile had reported to prison on Nov. 22, 2025.  And apparently Jeffry Schneider doesn't have to report to prison until Jan. 2026.  15 months seems like a long period of freedom begore paying a debt to society. 

Something smells fishy about the whole thing.


I did find the commutation, too, for those who are interested.

 
 
 
Trout Giggles
Professor Principal
5  Trout Giggles    11 months ago

I really expect a book to come out after he passes away that details every slimy, corrupt, petty part of his life

 
 
 
cjcold
Professor Quiet
5.1  cjcold  replied to  Trout Giggles @5    11 months ago

A very thick book.

 
 
 
Igknorantzruls
Junior Quiet
5.1.1  Igknorantzruls  replied to  cjcold @5.1    11 months ago
A very thick book.

too match  the skulls of his enablers and supporters

 
 
 
devangelical
Professor Principal
5.1.2  devangelical  replied to  Igknorantzruls @5.1.1    11 months ago

nobody's going to buy a book with a granite cover ...

 
 
 
Igknorantzruls
Junior Quiet
5.1.3  Igknorantzruls  replied to  devangelical @5.1.2    11 months ago
nobody's going to buy a book with a granite cover ..

Trump might counter that offer...

 
 
 
devangelical
Professor Principal
5.1.4  devangelical  replied to  Igknorantzruls @5.1.3    11 months ago

maybe his thumper sycophants will rewrite the bible, right after they're finished with the maga constitution ...

 
 
 
devangelical
Professor Principal
5.1.5  devangelical  replied to  devangelical @5.1.4    11 months ago
rewrite the bible

the maga version where the new testament is eliminated, and OT incest and pedophilia is celebrated ...

 
 
 
Dismayed Patriot
Professor Quiet
5.2  Dismayed Patriot  replied to  Trout Giggles @5    11 months ago
I really expect a book to come out after he passes away that details every slimy, corrupt, petty part of his life

"Mail Order Bride" by Melania Trump... "It was the worst of times, it was the worst of times...".

 
 
 
devangelical
Professor Principal
5.2.1  devangelical  replied to  Dismayed Patriot @5.2    11 months ago

she couldn't immigrate on a porn model work visa without help from jeff ...

 
 
 
devangelical
Professor Principal
5.2.2  devangelical  replied to  devangelical @5.2.1    11 months ago

apparently cleaning carpets on film and jerking off millionaires is a skilled trade ...

 
 
 
Thomas
Professor Guide
5.3  Thomas  replied to  Trout Giggles @5    11 months ago
I really expect a book to come out after he passes away that details every slimy, corrupt, petty part of his life

Why does he have to be dead? You know he will sue and there is no better thing than free publicity...

 
 
 
Trout Giggles
Professor Principal
5.3.1  Trout Giggles  replied to  Thomas @5.3    11 months ago
You know he will sue

That's why it's better for the book to come out after he's dead

 
 
 
devangelical
Professor Principal
5.3.2  devangelical  replied to  Trout Giggles @5.3.1    11 months ago

his fucking brain is on life support now ...

 
 
 
Gsquared
Professor Expert
6  Gsquared    11 months ago
Fraudster Executive

Trump's kind of guy.  Trump will probably appointment him to a position in his regime.

 
 
 
TᵢG
Professor Principal
6.1  seeder  TᵢG  replied to  Gsquared @6    11 months ago

Thing is, G2, you are rightfully dead serious.   Trump is indeed that corrupt.

 
 
 
Gsquared
Professor Expert
6.1.1  Gsquared  replied to  TᵢG @6.1    11 months ago

Yes, he is.  

 
 
 
devangelical
Professor Principal
6.1.2  devangelical  replied to  Gsquared @6.1.1    11 months ago

too bad that rancid POS will probably die in office before he can be brought to trial, stripped of his wealth, humiliated in the media, and made to suffer for his crimes in protected epstein-like prison isolation.

 
 
 
MrFrost
Professor Guide
7  MrFrost    11 months ago
Trump is quite aware that he is a crook who has lied and cheated his entire life. 

Birds of a feather....that old chestnut. 

 
 
 
devangelical
Professor Principal
7.1  devangelical  replied to  MrFrost @7    11 months ago
Birds of a feather...

... end up getting plucked together.

 
 
 
devangelical
Professor Principal
7.2  devangelical  replied to  MrFrost @7    11 months ago

is there a specific karma term or phrase for scumbags that become victims of the same crime they've perpetrated on others in the past?

 
 
 
Dismayed Patriot
Professor Quiet
7.2.1  Dismayed Patriot  replied to  devangelical @7.2    11 months ago
is there a specific karma term or phrase for scumbags that become victims of the same crime they've perpetrated on others in the past?

That would just be 'karma'.

 
 
 
devangelical
Professor Principal
7.2.2  devangelical  replied to  Dismayed Patriot @7.2.1    11 months ago

how about poetic karma ...

 
 
 
Thomas
Professor Guide
7.2.3  Thomas  replied to  devangelical @7.2.2    11 months ago

Karma Karma ..Kind of like "Pizza! Pizza!"

 
 
 
devangelical
Professor Principal
7.2.4  devangelical  replied to  Thomas @7.2.3    11 months ago

the last time I was in toronto over 2 decades ago, it looked like little caesars and starbucks was on every corner.

 
 
 
devangelical
Professor Principal
8  devangelical    11 months ago

with his previous drug lord pardon, trump signaled to his cult that he'll be escaping to honduras or venezuela. with this pardon, he's probably trying to establish a new currency for the new kingdom of trump, or magaland ...

 
 
 
Trout Giggles
Professor Principal
8.1  Trout Giggles  replied to  devangelical @8    11 months ago

Venezuela??? Don't they hate him there?

 
 
 
devangelical
Professor Principal
8.1.1  devangelical  replied to  Trout Giggles @8.1    11 months ago

they're ripe for a hostile takeover, now that POS/POTUS has SCOTUS in his back pocket ...

 
 
 
Thomas
Professor Guide
8.2  Thomas  replied to  devangelical @8    11 months ago

I think he will go to Uganda. I hear they really like him there...

 
 
 
devangelical
Professor Principal
8.2.1  devangelical  replied to  Thomas @8.2    11 months ago

there's already a thumper army of LGBTQ killers there, on a mission, waiting to worship him ...

 
 
 
Gsquared
Professor Expert
8.3  Gsquared  replied to  devangelical @8    11 months ago

More likely El Salvador.  They have their fascist dictator Bukele that Trump loves.

 
 
 
devangelical
Professor Principal
8.3.1  devangelical  replied to  Gsquared @8.3    11 months ago

how much do you think that grift was worth to roger stone and trump in cash?

 
 
 
Gsquared
Professor Expert
8.3.2  Gsquared  replied to  devangelical @8.3.1    11 months ago

Pardoning the Honduran ex-President?  Eight figures, at least.  Probably nine.  Not less than 50 million, for sure.  That's the minimum rate for a 45 year sentence for a drug dealer responsible for the deaths of thousands of Americans.  Trump doesn't come cheap.

 
 
 
devangelical
Professor Principal
8.3.3  devangelical  replied to  Gsquared @8.3.2    11 months ago

... yeah, that guy was arrested as soon as he stepped off the plane. a boat trip was a bit too risky for him ...

 
 
 
devangelical
Professor Principal
8.3.4  devangelical  replied to  devangelical @8.3.3    11 months ago

I'll bet stone and trump took that guy for over $15 million combined to sell the pardon to him ...

 
 

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