A victim of a fraudster that President Donald Trumprecently let out of jail spoke out on Wednesday, railing that the president’s move “makes no sense.”
Carolann Tutera, who was defrauded by David Gentile, the former CEO of GPB Holdings, discussed the impact of Gentile’s fraud on her family during Wednesday’s broadcast of “The Lead” with Jake Tapper. Gentile was convicted in May of leading a $1.6 billion Ponzi scheme and sentenced to seven years in federal prison. He served just 12 days before Trump commuted his sentence.
“I’m totally disgusted because it wasn’t only myself, it was my elder mother in her 90s and my sister as well. We all got defrauded,” Tutera told Tapper.
Tutera said she lost about $500,000 in Gentile’s scams and has since been able to recoup about $40,000. She told Tapper that she realized she was being scammed after her late husband died, and she asked for her money back.
“You’re not really functioning for quite some time after you lose your spouse of many, many years,” Tutera said. “And when I asked for money back, they said they’re just waiting. What are they waiting for? Call me in about six months. Time went on, and there was no money. None.”
Gentile is not the only white collar criminal Trump has granted clemency for during his second administration. He pardoned former Binance CEO Changpeng Zhao, who was convicted of money laundering and forced to pay a more than $4 billion fine. Trump has also pardoned Texas Democrat Henry Cuellar, who was also convicted of money laundering.
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