Blog: Scientologist David Gentile's GPB Capital Under Continuing Scrutiny: Lawsuit & Investigations - 2019-03-02

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F0.png Scientologist David Gentile's GPB Capital Under Continuing Scrutiny: Lawsuit & Investigations March 2, 2019, Jeffrey Augustine, Scientology Money Project

As we previously reported, Scientologist David Gentile's GPB Capital is under investigation by the SEC and FINRA for matters related to financial reporting and the sale of GPB Regulation D offerings through brokers. Since its inception in 2013, GPB Capital has raised $1.5 billion through its 60+ brokers. The brokers were paid over $100 million dollars in commissions thus incentivizing them to sell GPB Capital's Reg D offerings to their clients. We today report on the very nasty and vituperative ongoing lawsuit between GPB Capital and its former director Patrick DiBre. GPB Capital's allegations against DiBre are quite serious:

The Law Offices of Johnathon W. Evans says of GPB Capital's lawsuit against Dibre:

According to the New York City law firm of Fitapelli Kurta, Mr. DiBre has filed a counterclaim in which he alleges that GPB Capital is a Ponzi scheme. Fitapelli Kurta details Dibre's allegations on its website: