Former Private Equity Fund Manager Indicted and Arrested for Embezzling Millions of Dollars from a Private Equity Fund

July 10, 2026

Fraud, Bribery & CorruptionFormer Private Equity Fund Manager Indicted and Arrested for Embezzling Millions of Dollars from a Private Equity Fund

SAN JUAN, Puerto Rico – On July 2, 2026, a federal grand jury in the District of Puerto Rico returned an indictment charging Gian C. Piovanetti with embezzlement of bank funds, conspiracy to commit money laundering, and money laundering.

Story from justice.gov

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