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Podcast: PRETEND
Episode: I Beg Your Pardon part 2
Description: Twelve days. That’s how long David Gentile spent in federal prison for a $1.8 billion fraud that wiped out the retirement savings of 17,000 people.
On Thanksgiving 2025, President Trump signed a one-page clemency grant, commuting Gentile’s seven-year sentence to time served and erasing a $15 million restitution order in the process.
In this episode, we talk to one of those 17,000 victims, CarolAnn Tutera, a 70-year-old still working because she can’t afford not to. We also talk to securities fraud attorney Adam Gana and Ponzi Playbook co-host Neal McTighe about how the scheme worked, what the pardon...