The Scientology Money Project

Grant Cardone’s Fraudulent Bankruptcy Announcement Follows L. Ron Hubbard’s Policy on Lying

Kris Krohn offers an unsparing commentary on Grant Cardone’s hoax bankruptcy announcement. Bottom line: Kris said that Grant lied when he made his fake bankruptcy announcement and thereby destroyed the trust people had in him. We agree with Kris. No one should trust Grant Cardone after he told an extremely serious and significant lie in which he said he was going bankrupt.

Scientologist Grant Cardone made a series of false and misleading statements in his bankruptcy hoax video. As CEO of Cardone Capital, Cardone has a fiduciary responsibility to his investors to not knowingly make false and misleading statements about the company. He breached this obligation by lying about going bankrupt. Cardone tried to characterize it as a social media stunt. However, wee see it as a highly irresponsible and outright lie and possibly even a criminal act.

Here is what L. Ron Hubbard said about lying:

THE ONLY WAY YOU CAN CONTROL PEOPLE IS TO LIE TO THEM. You can write that down in your book in great big letters. The only way you can control anybody is to lie to them… [An] individual is lying to you because he is trying to control you—because if they give you enough misinformation they will pull you down the tone scale so that they can control you.

-L. Ron Hubbard, “Technique 88”

Grant Cardone lied to people about going bankrupt. He did so in order to control people and put their attention on himself and his company. In doing so, Cardone was following Scientology policy as outlined by L. Ron Hubbard: Lie to control people.

Having told such a monumental lie to get attention, Grant Cardone has now placed himself on a very slippery slope where people have to regard anything he says as a possible lie.

Grant Cardone cannot be trusted. People need to check and verify any statement he makes.

If Grant Cardone lied about being bankrupt, what else will he lie about? What else has he lied about? The loss of trust is extraordinarily damaging and Cardone showed he cannot be trusted when he engaged in his cynical and self-serving hoax that he was going bankrupt.

Fact:  Grant Cardone showed that he was willing to lie to control people. In doing so, he followed the policy on lying of his guru L. Ron Hubbard.

As we have said for 15 years, the Church of Scientology lies as the central principle of its own existence.

    • L. Ron Hubbard lied when he said he was wounded in combat in WWII and left crippled and blinded as a result. The fact is that Hubbard never served one day in combat. See our article: Scientology Founder L. Ron Hubbard’s Fake Purple Hearts and Bronze Star!
    • L. Ron Hubbard lied when he said was a nuclear physicist.
    • L. Ron Hubbard told so many lies so often that he is regarded as a pathological liar.
    • Grant Cardone lied when he said he was going bankrupt.

The Church of Scientology trains its members to lie. Hubbard called the art of lying “Learning How to Effectively Outflow False Data.” 

Grant Cardone’s bankruptcy lie showed that he has mastered Scientology’s art of effectively outflowing false data. Cardone then laughed and sneered at people who believed his lie. Sorry, but Grant Cardone is the CEO of Cardone Capital and people tend to take the statements of a CEO at face value. We’ll never make that mistake again when it comes Grant Cardone. He lied and will lie again because that’s what liars do.


Rondi Lambeth rightfully excoriates Grant Cardone in very forceful terms during the first nine minutes of his new video:

6 replies »

  1. Gobbles said it best. If you are going to lie, tell a big lie, and tell it often, then people will say they have heard it enough from different sources that it must be the truth.

  2. In his video he suggested that people should sell their shares of his company quickly before the bankruptcy court proceedings… I wonder how many people relied on that information and sold their shares as the price was going down in response to the announcement?

  3. In tragically uncertain times, when many genuine companies are at serious risk of bankruptcy and many people face unprecedented financial stress, it is disgraceful that a public figure, that people look to for advice, particularly in difficult times, should think it’s okay to lie and joke about going bankrupt! What a terrible example to set! What a complete and utter jerk!

  4. Hello Karl. I have to say that Cardone’s investors wish they were lucky enough to sell at a loss. However, Cardone has them locked up contractually by a “No Withdrawals” clause in the contract they sign with Cardone Capital when they invested. Grant Cardone emulated the Church of Scientology in this respect: Screw people over with contracts. This is Cardone acting as an enslaver.

  5. Once again you get it wrong on Scientology.
    Mr Hubbard made that comment to show how others can try to control you. He did NOT say this was something the listener should do. Get your facts straight and listen to the actual tape. I did !
    Proud Scientologist for 52 years.

  6. Glad to have you here proud Scientologist of 52 years. That’s quite an accomplishment.

    As for Grant Cardone: He lied in order to control people and admitted it publicly in a video. He stated that he lied in order to control the narrative. This sounds exactly like what L. Ron Hubbard wrote: The only way to control people is to lie to them. This is what David Miscavige did when he rolled out GAT I, GAT II, the Basics, the Ideal Orgs, etc.

    L. Ron Hubbard also wrote TR-L “Training Routine – Lying.” TR-L is part of the Intelligence Specialist training course. COB lies, OSA lies, the IAS lies, and the entire Church of Scientology lies as the central principle of its own existence.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.