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Cardone DEPOSITION 1: UNDER OATH SUIT IS BULLSH*T TO EXTORT FEES Analytics Table
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About Cardone DEPOSITION 1: UNDER OATH SUIT IS BULLSH*T TO EXTORT FEES
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Grant Cardone SHARES HIS FULL DEPOSITION AS questioned under oath about Cardone Capital, Fund 5, Fund 6, his real estate track record. WHO WOULD SHARE A DEPOSITION IF THEY HAD ANYTHING TO HIDE? I WILL PREVAIL AND SHOW THE WORLD HOW FLAUD OUR SYSTEM IS WITH LAWYERS THREATENING EXPENSIVE SUITS WHILE DAMAGING BUSINESS OWNERS REPUTATIONS. "I HAVE SPENT $6M ON THIS SUIT AND WILL SPEND MY LAST DOLLAR IF NECESSARY TO DEFEND MY REPUTATION AND OUR INVESTORS. In this first deposition segment, Grant explains his role as Cardone Capitalās founder, owner, and corporate representative. The questioning moves through his personal investment in the funds, offering documents, prior real estate transactions, property performance, acquisition fees, profit splits, and the difference between ARR and IRR. The exchange intensifies when Grant argues that one statement from one of more than 12,000 YouTube videos cannot be evaluated without its full context. During the testimony, Grant discusses the amount Cardone Capital has paid to investors, the money he says he has spent defending the case, and the experience he relied upon when discussing potential real estate performance. Watch the complete testimony and decide which argument is supported by the numbers and context presented. Deposition playlist https://www.youtube.com/playlist?list=PLDZRKttyKlP8 This footage contains sworn testimony and attorney questioning. Questions asked during a deposition do not themselves establish any legal conclusion. This video is provided for informational and educational purposes and does not constitute legal, financial, tax, or investment advice. Past performance does not guarantee future results. Chapters 00:00 Grant Cardone is sworn in 00:55 Cardone Capitalās corporate representative 01:22 Grantās control of Cardone Capital 03:42 Preparing for the deposition 05:35 Control of Funds 5 and 6 07:14 Grantās personal investment in Fund 5 09:13 Interrogatory responses and offering documents 13:08 The 15% annualized return statement 16:15 One video out of 12,000 19:01 Education or fundraising? 20:02 āI am better prepared than you areā 21:25 The four-year, $3 million fight 22:02 āCall the courtsā 23:00 Grantās real estate track record 25:54 Reviewing the prior-property spreadsheet 30:27 $4 million in 90 days 31:19 Operating costs and net profits 34:06 The $356 million profit argument 36:12 Why Grant relies on past performance 38:04 The math behind the returns 40:13 āIām at 213% a yearā 41:28 ARR versus IRR 44:45 Prior investors and partnerships 46:25 Fund 5 and Fund 6 property locations 49:10 Grantās Florida track record 54:30 Why scale changes real estate economics 55:03 Profit splits and acquisition fees 57:01 Dispute over the requested documents #GrantCardone #CardoneCapital #RealEstateInvesting #motivation #success #money
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