HALLANDALE BEACH, Fla. – President Donald Trump has commuted the prison sentence of former investment manager David Gentile, who was convicted of defrauding investors — the latest in a series of clemency actions Trump has taken in white-collar criminal cases .

Gentile had reported to prison on Nov. 14, just days before Trump commuted his sentence, according to a White House official who requested anonymity to provide details of the clemency action. Gentile had been the CEO and co-founder of GPB Capital, which had raised $1.6 billion in capital to acquire companies in the auto, retail, health care and housing sectors.

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He had been sentenced to seven years in prison after an August 2024 conviction for his role in what the Justice Department at the time described a

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