Investors put in more than $1.8 billion into GPB funds but were left without a single cent of profit.
Letitia James: “Investors put in more than $1.8 billion into GPB funds but were left without a single cent of profit.”
On the recordNovember 30, 2025
Editor's note · Context
Discussing the lawsuit against GPB Capital for defrauding investors.
Share
More from Letitia James
Oct 2, 2026
What this young woman has been forced to endure is horrific and unacceptable. I'm holding her in my heart and in my prayers. To her, and to all survivors: you're not alone. We stand with you.
Oct 22, 2026
NovaTech and AWS Mining scammed thousands of vulnerable New Yorkers by telling them they were making a safe investment when in reality, they were victims of a pyramid scheme.
Sep 10, 2026
We stopped the Trump administration's Census attacks in 2020, and we're exploring our legal options to fight back again.
Oct 22, 2026
These scammers targeted immigrant and religious communities with the promise of a better life but instead robbed them of their life savings.





