Business All's well that ends well.
The New York Post reports that Guy Gentile, the hotshot banker whose angry ex-girlfriend drove his Mercedes-Benz into the pool of his Bahamas home, beat a $17 million civil fraud case brought by the federal government on Wednesday.
When New Jersey federal court Judge Jose L. Linares tossed the Securities and Exchange Commission suit against Gentile, it ended nearly two years of litigation the investor claims was started merely out of spite.
The judge’s move was not unexpected. The Supreme Court earlier this year set a five-year limit on government disgorgement gains.
The SEC case is the second Gentile has won this year. A criminal charge brought by the Justice Department was defeated in January.
“I just read the decision — OMG — it is FANTASTIC!” Gentile texted to The Post. “Thank you, Judge Linares and Merry Christmas.”
Russian-born model Kristina Kuchma was furious with Gentile for breaking up with her during a dinner out near his Bahamas home, rather than fund her marketing business venture.
“Lier!” Kuchma, 24, texted Gentile in broken English on Saturday night after the dirty deed. “You told me you will help me to start a business! That were your words! Now you want to be an investor??? Well investor I have a surprise for you on a backyard, start with that investment idea first.