{"id":18454,"date":"2019-11-08T09:50:43","date_gmt":"2019-11-08T15:50:43","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=18454"},"modified":"2019-11-08T11:25:29","modified_gmt":"2019-11-08T17:25:29","slug":"gpb-capital-ponzi-scam-new-details","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/","title":{"rendered":"New Class Action Against GPB Capital Offers New Details Into Alleged $1.8B Ponzi Scam"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">New Class Action Offers Details Into Alleged GPB Ponzi Scam<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">This week in Austin, Texas, another proposed class securities case was filed on behalf of investors of GPB Capital Holdings and its many funds. This latest investor lawsuit directly accuses the alternative asset firm and its executives of running an alleged $1.8B Ponzi scam and provides new details into the fraud. <\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Filed in the US District Court for the Western District of Texas by the lead plaintiff and GPB investor Millicent Barasch, the class action securities fraud case was announced at a press conference. Toni Caiazzo Neff, an ex-Financial Industry Regulatory Authority (FINRA) examiner, spoke about how she\u2019d previously tried to blow the whistle on GPB Capital Holdings.\u00a0<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/\"  title=\"Continue Reading New Class Action Against GPB Capital Offers New Details Into Alleged $1.8B Ponzi Scam\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Class Action Offers Details Into Alleged GPB Ponzi Scam This week in Austin, Texas, another proposed class securities case was filed on behalf of investors of GPB Capital Holdings and its many funds. This latest investor lawsuit directly accuses the alternative asset firm and its executives of running an alleged $1.8B Ponzi scam and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":18456,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3773,3774,4102,3792],"tags":[3103,3188,2872],"class_list":["post-18454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broker-fraud","category-broker-dealers","category-gpb-capital","category-ponzi-scams","tag-gpb-capital","tag-gpb-capital-holdings","tag-ponzi-scam"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Details Into Alleged GPB Capital Ponzi Scam | GPB Fraud Lawyers<\/title>\n<meta name=\"description\" content=\"A new class action against GPB Capital is offering new details into the alleged $1.8B ponzi scam. Read the latest updates regarding GPB Capital here.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"New Details Into Alleged GPB Capital Ponzi Scam | GPB Fraud Lawyers\" \/>\n<meta name=\"twitter:description\" content=\"A new class action against GPB Capital is offering new details into the alleged $1.8B ponzi scam. Read the latest updates regarding GPB Capital here.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-gpb-capital-ponzi-scam-2.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New Details Into Alleged GPB Capital Ponzi Scam | GPB Fraud Lawyers","description":"A new class action against GPB Capital is offering new details into the alleged $1.8B ponzi scam. Read the latest updates regarding GPB Capital here.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/","twitter_card":"summary_large_image","twitter_title":"New Details Into Alleged GPB Capital Ponzi Scam | GPB Fraud Lawyers","twitter_description":"A new class action against GPB Capital is offering new details into the alleged $1.8B ponzi scam. Read the latest updates regarding GPB Capital here.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-gpb-capital-ponzi-scam-2.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"New Class Action Against GPB Capital Offers New Details Into Alleged $1.8B Ponzi Scam","datePublished":"2019-11-08T15:50:43+00:00","dateModified":"2019-11-08T17:25:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/"},"wordCount":742,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-gpb-capital-ponzi-scam-2.jpg","keywords":["GPB capital","GPB Capital Holdings","Ponzi Scam"],"articleSection":["Broker Fraud","Broker-Dealers","GPB Capital","Ponzi Scams"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/","url":"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/","name":"New Details Into Alleged GPB Capital Ponzi Scam | GPB Fraud Lawyers","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-gpb-capital-ponzi-scam-2.jpg","datePublished":"2019-11-08T15:50:43+00:00","dateModified":"2019-11-08T17:25:29+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"A new class action against GPB Capital is offering new details into the alleged $1.8B ponzi scam. Read the latest updates regarding GPB Capital here.","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/#primaryimage","url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-gpb-capital-ponzi-scam-2.jpg","contentUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-gpb-capital-ponzi-scam-2.jpg","width":5472,"height":3648,"caption":"A new class action has offered new details into the alleged $1.8B GPB Capital Ponzi scam"},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-ponzi-scam-new-details\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"New Class Action Against GPB Capital Offers New Details Into Alleged $1.8B Ponzi Scam"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards &amp; Kantas, LLP","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.investorlawyers.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431","name":"Shepherd Smith Edwards &amp; Kantas, LLP","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","caption":"Shepherd Smith Edwards &amp; Kantas, LLP"},"sameAs":["https:\/\/www.investorlawyers.com\/"]}]}},"jetpack_featured_media_url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-gpb-capital-ponzi-scam-2.jpg","jetpack_shortlink":"https:\/\/wp.me\/pedX9K-4NE","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/18454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=18454"}],"version-history":[{"count":1,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/18454\/revisions"}],"predecessor-version":[{"id":18455,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/18454\/revisions\/18455"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media\/18456"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=18454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=18454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=18454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}