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Life sentence for California biotech tycoon; Serhat Gumrukcu failed to deliver oil deal then hatched murder-for-hire plot, killing business partner Greg Davis, after he complained

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"109460728"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div>&NewLine;<p class&equals;"has-text-color has-link-color wp-elements-3fbbaf5a7cb73ed0d1ceb2ea1ba09492 wp-block-paragraph" style&equals;"color&colon;&num;220404&semi;font-size&colon;14px"><strong><strong>LA based<strong> biotech tycoo<&sol;strong><&sol;strong>n&comma; Serhat Gumrukcu&comma; 42&comma; of Los Angeles&comma; faces a mandatory life sentence for the 2018 abduction and killing of Gregory Davis<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-text-color has-link-color wp-elements-c91df0299aaf9f88329cb3362628166e wp-block-paragraph" style&equals;"color&colon;&num;220404&semi;font-size&colon;14px"><strong><strong>Gumrukcu is GUILTY in murder-for-hire plot that led to killing of former business partner after their oil deal collapsed and the latter threatened legal action’<&sol;strong><&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-text-color has-link-color wp-elements-e25402ac47b5eb814d91a7a35a46ecf1 wp-block-paragraph" style&equals;"color&colon;&num;220404&semi;font-size&colon;14px"><strong>Davis&comma; 49&comma; was taken from his Vermont home on April 6&comma; 2018&comma; and found shot dead at the base of a snowbank a day later <&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-text-color has-link-color wp-elements-f270d44ad790871dc82df9d28c9ee5dc wp-block-paragraph" style&equals;"color&colon;&num;220404&semi;font-size&colon;14px"><strong>Seven years later&comma; on April 18&comma; <strong><strong>Gumrukcu<&sol;strong> was convicted <&sol;strong>of murder-for-hire&comma; conspiracy&comma; and wire fraud in the killing<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-text-color has-link-color wp-elements-f386c64ff41c70926e5cb395b09ad170 wp-block-paragraph" style&equals;"color&colon;&num;220404&semi;font-size&colon;14px"><strong>Sentenced earlier&comma; Gumrukcu&&num;8217&semi;s hitman Jerry Banks&comma; 37&comma; was sentenced to 200 months in prison <&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-text-color has-link-color wp-elements-84edcff97c17c0fc9fa103986df4ac72 wp-block-paragraph" style&equals;"color&colon;&num;220404&semi;font-size&colon;14px"><strong>Two more <strong>co-conspirator<&sol;strong>s&comma; 39-year-old Berk Eratay&comma; received 110 months and 45-year-old Aron Ethridge&comma; 140 months in prison<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-full is-resized"><img src&equals;"https&colon;&sol;&sol;konniemoments&period;com&sol;wp-content&sol;uploads&sol;2025&sol;10&sol;Serhat-Gumrukcu-2&period;png" alt&equals;"" class&equals;"wp-image-486918" style&equals;"width&colon;834px&semi;height&colon;auto"&sol;><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-small-font-size wp-block-paragraph"><strong>Guilty of Fraud and Murder&colon; Serhat Gumrukcu &lbrack;photo&rsqb;&comma; is facing a life sentence in connection with the 2018 abduction and murder of his business partner Gregory Davis in May 2018<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">A California biotech entrepreneur has been found guilty of masterminding a murder-for-hire plot to kill a former business partner after their oil deal collapsed&period;<br>42-yer-old Serhat Gumrukcu of Los Angeles&comma; was convicted with the the 2018 abduction and killing of Gregory Davis&period; He now faces mandatory life sentence&period; <br>Father of six Davis&comma; 49&comma; whose wife Melissa was pregnant with their seventh child&comma; was abducted from his Vermont home and later found shot dead at the base of a snowbank&comma; said the <a href&equals;"https&colon;&sol;&sol;www&period;justice&period;gov&sol;usao-vt&sol;pr&sol;three-men-sentenced-their-roles-barnet-vermont-murder-hire" target&equals;"&lowbar;blank" rel&equals;"noreferrer noopener">US Attorney’s Office<&sol;a>&period;<br>Gumrukcu&comma; the founder of Enochian Biosciences&comma; was found guilty on April 18&comma; 2025&comma; of hatching the deadly plot after Davis threatened to sue him when their oil deal failed&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-full is-resized"><img src&equals;"https&colon;&sol;&sol;konniemoments&period;com&sol;wp-content&sol;uploads&sol;2025&sol;10&sol;Gregory-Davis-1&period;png" alt&equals;"" class&equals;"wp-image-486938" style&equals;"width&colon;825px&semi;height&colon;auto"&sol;><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-small-font-size wp-block-paragraph"><strong>Gregory Davis &lbrack;photo&rsqb;&comma; was found shot at the base of a snowbank after he was taken from his Vermont home in Jan&period; 2018&comma; by Jerry Banks&comma; posing as a US Marshal&period; Banks was hired by Serhat Gumrukcu to kill his business partner when Davis threatened legal action over a failed oil deal<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Prosecutors said the biotech tycoon recruited his friend Berk Eratay&comma; 39&comma; who then used a second intermediary&comma; Aron Ethridge&comma; 45&comma; to hire hitman Jerry Banks&comma; 37<br>On Jan&period; 6&comma; 2018&comma; Banks arrived at Davis’ home in a vehicle fitted with flashing red and blue lights&comma; posing as a deputy US marshal and telling the unsuspecting home owner&comma; he needed to come in for questioning&period;<br>Banks then abducted Davis from his Danville home and murdered him&comma; prosecutors said&period;<br>The next day&comma; January 7&comma; the body was discovered in a snowbank a short distance from the victim&&num;8217&semi;s home in Barnet&comma; Vermont&period;<br>Following the murder&comma; &OpenCurlyDoubleQuote;investigators quickly discovered emails and messaging indicating the tension between Gumrukcu and Davis over the failed oil deal&comma; resulting in Gumrukcu being interviewed twice by the Federal Bureau of Investigation&comma;” prosecutors said&period;<br>Investigators according to the US Attorney’s Office&comma; later discovered Gumrukcu had lied in each interview&comma; but cellphone data&comma; purchase records&comma; bank documents&comma; emails&comma; and messages ultimately exposed him and his co-conspirators’ roles in Davis’ kidnapping and murder&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-full is-resized"><img src&equals;"https&colon;&sol;&sol;konniemoments&period;com&sol;wp-content&sol;uploads&sol;2025&sol;10&sol;Jerry-Banks-1&period;png" alt&equals;"" class&equals;"wp-image-486922" style&equals;"width&colon;834px&semi;height&colon;auto"&sol;><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-small-font-size wp-block-paragraph"><strong><strong>Hitman Jerry Banks &lbrack;image&rsqb;&comma; abducted Davis from his Danville home On Jan&period; 6&comma; 2018&comma;<&sol;strong><&sol;strong> posing as a Federal Marshall&period; He<strong><strong> murdered Davis and dumped the body at a snow bank near the victim&&num;8217&semi;s home<&sol;strong><&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Around 2017&comma; Gumrukcu was brokering a multi-million dollar biotech merger with Enochian Biosciences built around his purported HIV cure&comma; a high-stakes deal that prosecutors said made silencing Davis all the more urgent&period;<br>Prosecutors <a href&equals;"https&colon;&sol;&sol;www&period;justice&period;gov&sol;usao-vt&sol;pr&sol;serhat-gumrukcu-convicted-murder-hire" target&equals;"&lowbar;blank" rel&equals;"noreferrer noopener">said <&sol;a>Davis’ threat to take legal action over their failed oil transaction could have jeopardized Gumrukcu’s bid to gain control of Enochian Biosciences&period;<br>Four years later&comma; Gumrukcu was arrested for killing Davis in May 2022&period; In April 2025&comma; he was convicted in of murder-for-hire&comma; conspiracy&comma; and wire fraud&period;<br>&OpenCurlyDoubleQuote;Serhat Gumrukcu tried to hide his role in the murder of Greg Davis by paying one man to pay another man to pay the hitman&comma; who shot and killed Greg Davis on a January night in Vermont&comma;” stated Acting United States Attorney Michael P&period; Drescher&period; <br>&OpenCurlyDoubleQuote;Uncovering Gumrukcu’s responsibility for this murder involved years of determined investigation by the men and women of Vermont’s United States Attorney’s Office&comma; working closely with the FBI and the Vermont State Police&period;”<br>Two of Gumrukcu’s three co-conspirators in the Murder-For-Hire-Plot&comma; Jerry Banks and Aron Ethridge were arrested in April 2022&period; The third suspect&comma; Berk Eratay was arrested a month later&comma; in May&period; <br>Following their convictions&comma; Jerry Banks&comma; 37&comma; of Gardener&comma; Montana&comma; <a href&equals;"https&colon;&sol;&sol;www&period;justice&period;gov&sol;usao-vt&sol;pr&sol;three-men-sentenced-their-roles-barnet-vermont-murder-hire">was sentenced<&sol;a> in September to 200 months in prison&comma; followed by five years of supervised release&period;<br>Berk Eratay&comma; 39&comma; of Las Vegas&comma; Nevada&comma; received a sentence of 110 months in prison&comma; followed by three years of supervised release&period; <br>The third co-conspirator Aron Ethridge&comma; 45&comma; of Henderson&comma; Nevada&comma; was sentenced to 140 months in prison followed by five years of supervised release&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-full is-resized"><img src&equals;"https&colon;&sol;&sol;konniemoments&period;com&sol;wp-content&sol;uploads&sol;2025&sol;10&sol;Serhat-Gumrukcu-3&period;png" alt&equals;"" class&equals;"wp-image-486923" style&equals;"width&colon;836px&semi;height&colon;auto"&sol;><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-small-font-size wp-block-paragraph"><strong>Gumrukcu &lbrack;photo&rsqb;&comma; was brokering a multi-million dollar biotech merger with Enochian Biosciences built around his purported HIV cure&comma; &&num;8216&semi;a high-stakes deal that made silencing Davis all the more urgent&&num;8217&semi; &&num;8211&semi; <strong>prosecutors<&sol;strong><&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">On September 25&comma; Melissa Davis reading her victims impact statement in court <a href&equals;"https&colon;&sol;&sol;vnews&period;com&sol;2025&sol;09&sol;28&sol;widow-gregg-davis-sentencing-court&sol;">told <&sol;a> spoke about the devastating consequences of Gumrukcu killing her husband&period;<br>&OpenCurlyDoubleQuote;I stand here today not only as a widow&comma; but as the mother of seven children whose lives were shattered the night Gregg was taken from us&comma;” she said&comma; addressing Gumrukcu&period;<br>&OpenCurlyDoubleQuote;You thought you could silence my husband&comma; but your lies die here in this courtroom&period;”<br>Gumrukcu is facing mandatory life behind bars at sentencing&comma; scheduled for November&period;<br><&sol;p>&NewLine;

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