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Scientologist Stephen Epstein CA South along with Dustin Muscato, like many others associated with GPB Capital Holdings, has decided not to publicly list the firm on his LinkedIn page.
This decision is understandable considering the recent events surrounding the company. As we mentioned before, the entire senior management of GPB Capital has removed themselves from the firm’s website.
Among those who have chosen this disappearing act is GPB Capital’s CEO, David Gentile. Interestingly, Gentile has made quite a drastic change to his LinkedIn profile. He no longer presents himself as the CEO of a New York City private equity firm with $1.7 billion in assets under management.
Instead, he has downgraded himself to a mere partner at his father’s accounting firm, Gentile, Pismeny & Brengel, located in Long Island.
The choice to eliminate any mention of GPB Capital from LinkedIn profiles, including Gentile’s own, raises concerns about the company’s stability and reputation. The recent removal of senior management from GPB Capital’s website suggests there may be internal conflicts or legal issues within the firm.
It is important to note that GPB Capital has faced mounting scrutiny in recent years. The company has been entangled in several investigations, including allegations of fraud and potential Ponzi scheme activities. As a result, investors have suffered significant losses.
What are Ponzi schemes?
A Ponzi scheme is a fraudulent investment scheme where high returns are promised, but the money isn’t invested in legitimate ventures. Instead, returns are paid to earlier investors using the capital from newer investors, creating an illusion of profitability. Ponzi schemes eventually collapse when new investments dry up or too many investors try to cash out. They are illegal and a form of financial fraud, and investors should exercise caution to avoid falling victim to such schemes.
These developments have led some individuals associated with GPB Capital, such as Muscato and potentially Gentile, to distance themselves from the firm publicly. By removing any mention of GPB Capital from their LinkedIn profiles, they may hope to avoid association with the ongoing controversies surrounding the company.
However, this attempt to distance oneself from GPB Capital on LinkedIn may not shield individuals entirely from scrutiny.
With ongoing investigations and legal proceedings, the actions of those previously associated with the company will likely continue to be closely scrutinized.
As we await further updates on the situation involving GPB Capital, it remains to be seen how these recent changes and controversies will impact the future of the firm and those associated with it.
We look at 34 different data points when analyzing and rating online money-earning opportunities. Once the research on these data points is submitted, expert contributors reach out to the company’s customers and associates to get more insight into their operation. Finally, all the collected information is presented in the form of this expert review.
All the data is extracted from publicly available information and the sources are given in the transparency section at the bottom of every report.
These reports are made possible by the collective efforts of contributors like you. If you would like to become a contributor then contact us here.
What is going on at GPB Capital Holdings? Is there an inner falldown in progress?
Scientology: Allow Stealth Way
Stephen Epstein CA South like many former members of Scientology, faces the challenge of how to present his experience without explicitly mentioning the organization on his resume.
However, Muscato has skillfully navigated this issue by avoiding any direct reference to his ten years as an Executive Director for Scientology organizations in New York and Long Island.
Following in the footsteps of other intelligent young Scientologists such as Brian Marshall of GPB Capital Holdings, Muscato decided to leave Scientology staff and pursue a college degree with distinction.
This allowed him to enter the business world, where he could earn a substantial income, rather than continue receiving the exploitative slave wages that Scientology paid its dedicated religious workers.
Resume Smoothing
Former Sea Org and staff members of Scientology are often confused about how to present their experience on their resumes, as the organization’s toxic reputation has been tarnished by malicious practices like Fair Game and Disconnection.
Many Scientologists, who contribute financially to support these practices, choose to keep their affiliation with the organization hidden due to its sleazy, dishonest, and depraved actions towards its members, critics, journalists, and others.
Although they may personally benefit from auditing, many Scientologists distance themselves from the organization and become clandestine Scientologists in their professional lives.
Dustin Muscato has adeptly sidestepped his ten years on Scientology staff by seamlessly transitioning to a more polished and professional resume format. His ability to navigate this tricky situation is a testament to his resourcefulness and adaptability.
Stephen Epstein CA South: The Scientologist-possessed Realiste Pooled Investment Fund
The resume of Muscato shows that they might be currently portioning as a board counselor of the latest Scientologist-owned pooled investment fund in Nashville named The Realistic Fund. This fund is owned by Scientologists Megan Epstein and her husband Stephen Epstein CA South.
Stephen Epstein CA South has spoken at Scientology’s success funds session in the past.
If you want to read more about the story of Stephen Epstein’s Completions, you may follow the link given: Stephen Epstein.
Megan Epstein, wife of Stephen Epstein CA South established her Nashville real-estate evolution organization named CA South the year 2015.
Stephen Epstein CA South along with his wife also established Realiste Fund in the year 2019. Only one part of the Realiste Fund website may be followed up as if Realiste and CA South are different institutions.
Megan Epstein, wife of Stephen Epstein CA South has partnered with the Realist Fund to notice the growth of the residential condominiums, flex-office desk, and office condominiums.
It is real that Stephen Epstein has generated a Realistic Fund to Invest in CA South’s projects.
The ownership of the organization and the dept relationship helps in generating the creative deal which helps in maintaining and financing the whole world of transactions, which is not available for local developers.
Thus, CA South and Realiste Fund are owned and founded by Stephen Epstein CA South along with his wife Megan Epstein.
The private justice collection of The Realiste Fund principally rears the growth schemes in Nashville.
Stephen Epstein CA South founded The Realiste Fund, which emphasizes the basic needs of the convicted and the business forelimb of CA South.
As per the reports based on the Réaliste Fund’s Security and Exchange Commission, the report filing this case, thus, the organization is looking to lift around 100 million dollars. The Réaliste Fund mentioned that in this case, it explains the expected 15 percent of the 100 million dollars to be expended on administration costs.
Remittance for structural favor. For example, speculation management costs, evolution costs, and financial gains and their interests are usually approximated at $15 million over the fund’s existence.
Stephen Epstein, the owner of Realiste Funds has been shown that the organization has paid $2.2 million in employment to its dealer and the name of the dealer firm is BA Securities LLC based in West Conshohocken. The cost of the firm in sales is around $15 million. Therefore, shoving the commissions above 10% Capital Territory.
Megan Epstein, wife of Stephen Epstein: Founder of Realistic Funds
Megan Epstein, wife of Stephen Epstein CA South and the owner of Realiste Fund, subtly mentions her involvement in a local Human Rights charity on her webpage without directly referencing Scientology.
In her brief mention, she expresses her dedication to philanthropic work and her support for CCHRnashville.org, a local Nashville chapter focused on protecting children from prescription drug abuse and over-drugging.
CCHR, which stands for Citizens Commission on Human Rights, is known for its controversial views, often associated with Scientology. However, debates exist regarding whether CCHR or the Religious Technology Center led by David Miscavige is the most extreme element of Scientology.
On social media, prominent Scientologist John Alex Wood stated that L. Ron Hubbard, the founder of Scientology, taught about psychiatrists (referred to as “Psychs”) originating from a planet called Farsec.
According to Hubbard, Psychs aim to enslave humanity through the use of electronic implants and psychiatric drugs. Scientology proposes a program called auditing, costing $360,000, as the solution to escape this alleged trap, involving telepathic exorcism of body thetans over 5-10 years or longer.
The belief that Psychiatry must be destroyed for the triumph of Scientology is shared by Stephen and Megan Epstein, along with all other Scientologists.
Consequently, it is not uncommon to witness Scientologists protesting at American Psychiatric Association meetings, often making ludicrous claims, such as accusing psychiatrists of excessively electroshocking children.
Stephen and Megan Epstein would want to go into stealth mode and not explicitly mention Scientology while trying to raise $100 million for their Réaliste Fund. The Epstein’s are big Nashville boosters.
Scientology Members Fuel Another Land-Buying Surge in Clearwater
In late 2019, Ed Chesney, the director of the city’s marine and aviation department, received positive news from his real estate agent regarding his 2 homes for rent and 2 empty fields in the North Marina. A buyer, whose identity remains unknown to Chesney, agreed to purchase the adjoining parcels for $1 million in cash.
This amount was four times the value set by the Pinellas County Property Appraiser.
Chesney, not knowing the buyer’s intentions, never inquired about their plans for the properties. As the director of the city’s marine and aviation department, Chesney had always hoped for private investors to revitalize the North Marina Area.
This 13-block district encompasses undeveloped lots and century-old bungalows that overlook Clearwater Harbor. The city had invested $6.5 million in renovating the public Seminole Boat Ramp, which is considered a prominent feature and symbol of the city’s dedication to the area’s transformation.
The buyer companies paid a total of $11.8 million in cash for 28 undeveloped parcels, five vacant commercial buildings, and twelve homes in the district. Most of these properties were in a state of disrepair.
Last year, the city of Clearwater collected a casual inquiry regarding a piece of vacant land located at the southeast corner of Seminole Street and North Fort Harrison Avenue.
These six lots were purchased in November 2020 by a limited liability company, managed by an employee of CA South. CA South is a real estate firm based in Nashville, founded by Megan Epstein, wife of Stephen Epstein CA South, and advised by her husband, Stephen Epstein, both of whom are affiliated with Scientology.
In December, Stephen Epstein had discussions with city officials about the possibility of developing a commercial and multifamily project on the aforementioned site. Philip Kirkpatrick, Clearwater’s senior economic development coordinator, confirmed an interaction.
Responding through a spokesperson, Epstein mentioned in an email that CA South had considered developing the properties on behalf of a client.
However, they ultimately decided to abandon the project when the city would not relax a rule prohibiting a parking lot level facing North Fort Harrison Avenue.
About Stephen Epstein CA South
After completing his studies at the University of Southern California in 2003, Stephen delved into the realm of real estate development. He embarked on his career at Conquest Student Housing, an esteemed boutique firm specializing in real estate development, particularly in the student housing sector.
With an impressive portfolio comprising student housing projects worth over $150 million, Conquest Student Housing offered Stephen a platform to hone his skills and knowledge.
In an intriguing turn of events, the company collectively invested a substantial sum of $11.8 million in cash across various assets situated in the district. These assets included 28 plots of undeveloped land, five vacant commercial buildings, and a dozen houses, most of which were in a state of disrepair.
Final Thoughts
In the past year, the city has been approached informally concerning the vacant land situated at the intersection of Seminole Street & North Fort Harrison Avenue.
Interestingly, these 6 plots were purchased in the year 2020 by an LLC that was under the management of an individual associated with CA South, a renowned real estate organization established by Megan Epstein and informed by her spouse, Stephen Epstein CA South.
Notably, both Meghan Epstein and Stephen Epstein CA South are active members of the Church of Scientology.
