The Susman Godfrey L.L.P. class action lawsuit against Grant Cardone and Cardone Capital’s Equity Funds V and VI makes for very interesting reading. We urge all Cardone investors, or potential investors, to […]
In the latest development at Scientologist-owned GPB Capital Holdings, the firm’s former Chief Compliance Officer Michael Cohn plead guilty today to one misdemeanor charge of stealing government property. Specifically, Cohn stole SEC […]
July 2019: We reported on GPB Capital Holding’s staggering $700 million loss across all of its funds. GPB was forced to issue this new valuation after Fidelity threatened to deplatform the company. […]
Grant Cardone created Cardone Equity Fund IX in late 2019. Cardone Capital and published details of the $50 million offering on January 27, 2020. This was two months before the COVID-19 pandemic […]
The story of former SEC official Michael Cohn having leaked information on the US Government’s criminal investigation into GPB Capital to GPB officials in the weeks before he took a $400,000 job […]
Michael Cohn _____________________________________________________________________________________________ GPB Capital Holdings made headline news in the Wall Street Journal yesterday. However, the headlines were not good. GPB’s Chief Compliance Officer Michael Cohn, a former SEC official, was […]
David Gentile’s GPB Capital announced a staggering devaluation of its funds from $1.8 billion to $1.1 billion. This took place in June. Our impression at the time was that the $700 million […]
An article in the Boston Globe by correspondent Allison Hagan presents the details of a new lawsuit against GPB Capital, the troubled New York City private equity firm owned by Scientologist David […]
Increasingly, as Tony Ortega has shown with reports about ‘whales,’ Scientology and David Miscavige are relying not on growing membership but extracting as much money as possible from Scientology’s wealthiest donors. So, […]
