Blog: Grant Cardone's Fraudulent Bankruptcy Announcement Follows L. Ron Hubbard's Policy on Lying - 2020-04-17
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: