Originally Syndicated on May 24, 2024 @ 9:01 am
Scientologist Stephen Epstein CA South along with Dustin Muscato, like many others affiliated with GPB Capital Holdings, has elected not to publicly mention the firm on his LinkedIn page.
Given the recent incidents involving the corporation, this move makes sense. As we previously stated, every member of GPB Capital’s senior management has vanished from the company’s website.
Among those who have chosen this disappearing act is GPB Capital’s CEO, David Gentile. It’s interesting to see that Gentile changed his LinkedIn profile rather significantly. He no longer poses as the chief executive officer of a $1.7 billion private equity business based in New York City.
Rather, he has reduced himself to a partner at Gentile, Pismeny & Brengel, the Long Island accounting firm owned by his father.
The decision to remove all references to GPB Capital from LinkedIn profiles—including Gentile’s own—raises questions regarding the stability and standing of the business. Senior management was recently removed from GPB Capital’s website, raising the possibility of internal disputes or legal problems at the company.
It is significant to remember that GPB Capital has been under increasing investigation lately. The business is embroiled in multiple investigations, involving claims of fraud and possible Ponzi scheme activity. Consequently, investors have seen large losses.
Due to these developments, certain GPB Capital associates—including Muscato and maybe Gentile—have openly distanced themselves from the company. By eliminating any reference to GPB Capital from their LinkedIn accounts, they might be trying to distance themselves from the continuing disputes involving the business.
This attempt to disassociate oneself from GPB Capital on LinkedIn, nevertheless, might not completely protect people from criticism.
It is likely that the activities of persons who were once connected to the company will continue to be thoroughly examined due to continuing investigations and legal processes.
It’s unclear how these recent developments and controversies will affect the company’s and its associates’ futures while we wait for more information on the GPB Capital predicament.
At GPB Capital Holdings, what is happening? Is there an inner falldown in progress?
Scientology: Allow Hidden Approach
CA Stephen Epstein Like many former Scientologists, South had to figure out how to highlight his experience on his résumé without directly referencing the group.
However, Muscato has deftly skirted this issue by avoiding any direct reference to his ten years as an Executive Director for Scientology organizations in New York and Long Island.
Muscato made the decision to leave the Scientology staff in order to pursue a college degree with distinction, following in the footsteps of other bright young Scientologists like Brian Marshall of GPB Capital Holdings.
This freed him from the slave wages that Scientology paid its devoted religious workers and allowed him to pursue a career in business, where he could make a good living.
Resuming Sensitivity
Scientology employees and former Sea Org members frequently struggle with how to portray their experience on resumes because of the organization’s negative reputation due to dishonest techniques like Fair Game and Disconnection.
Because of the organization’s sleazy, dishonest, and perverted actions against its members, critics, journalists, and others, many Scientologists—many of whom make financial contributions to support these practices—choose to conceal their involvement with the group.
Although they may personally benefit from auditing, many Scientologists isolate themselves from the organization and become covert Scientologists in their professional lives.
Dustin Muscato has adeptly sidestepped his 10 years on Scientology staff by seamlessly switching to a more polished and professional resume type. His creativity and agility are evident in how he handled this difficult circumstance.
Stephen Epstein CA South: The Realiste Pooled Investment Fund, owned by Scientologists
According to their resume, Muscato, they may be serving as a board counselor for The Realistic vehicle, the newest Nashville-based pooled investment vehicle operated by Scientologists. Megan Epstein, a Scientologist, and her husband Stephen Epstein CA South are the owners of this fund.
Speaking at Scientology’s success funding session in the past is Stephen Epstein CA South.
You can click the provided link to learn more about the history of Stephen Epstein Completions: Stephen Epstein CA South
In 2015, Megan Epstein, Stephen Epstein’s wife, founded CA South, a Nashville real estate development business.
In 2019, Stephen Epstein CA South and his spouse also founded Realiste Fund. One may only examine a single section of the Realiste Fund website, acting as though Realiste and CA South are unrelated organizations.
The Realist Fund has collaborated with Megan Epstein, Stephen Epstein’s wife in California South, to monitor the rise in office condominiums, flex-office desks, and residential condominiums.
The fact that Stephen Epstein established a realistic fund to finance CA South’s initiatives is true.
The organization’s ownership and the department’s relationship facilitate the creation of innovative deals that support and finance the entire transactional universe, something that local developers are unable to do.
Thus, Stephen Epstein CA South and his wife Megan Epstein are the owners and founders of CA South and Realiste Fund.
The Realiste Fund’s private justice collecting is mostly responsible for Nashville’s development projects.
The Realiste Fund, established by Stephen Epstein CA South, prioritizes the needs of the imprisoned and the economic sector in CA South.
The Réaliste Fund is attempting to raise approximately $100 million, according to reports based on the Security and Exchange Commission, which filed this complaint. The Réaliste Fund stated that in this instance, it clarifies the anticipated fifteen percent of the one hundred million dollars that will be used for administrative expenses.
Reimbursement for a structural benefit. For instance, over the course of the fund’s life, the expenditures associated with managing speculation, evolution, and financial gains and their interests are typically estimated at $15 million.
It has been demonstrated to Realiste Funds owner Stephen Epstein that the company has paid its dealer $2.2 million in employment; the dealer, BA Securities LLC, is headquartered in West Conshohocken. The company’s sales cost is approximately $15 million. Pushing the commissions over 10% Capital Territory as a result.
Stephen Epstein’s wife Megan founded Realistic Funds
The proprietor of Realiste Fund and wife of Stephen Epstein CA South, Megan Epstein, quietly alludes to Scientology on her webpage while acknowledging her support of a local Human Rights organization.
She mentions in passing her commitment to charitable endeavors and her support of CCHRnashville.org, a Nashville-based branch that works to shield kids from prescription drug addiction and overdrugging.
The Citizens Commission on Human Rights, or CCHR for short, is well-known for its divisive opinions and is frequently linked to Scientology. There are disagreements, though, over which branch of Scientology is the most radical: CCHR or the Religious Technology Center under David Miscavige.
Popular Scientologist John Alex Wood claimed on social media that L. Ron Hubbard, the organization’s founder, taught about psychiatrists (sometimes called “Psychs”) who came from a planet named Farsec.
Hubbard claims the Psychs employ mental medications and technology implants to enslave humans. In order to get out of this purported trap, Scientology suggests a $360,000 procedure called auditing, which entails telepathically exorcising physical thetans for at least five to ten years.
Stephen and Megan Epstein, like all other Scientologists, believe that psychiatry needs to be destroyed in order for Scientology to succeed.
As such, it is not unusual to see Scientologists demonstrate outside of American Psychiatric Association meetings, frequently voicing absurd accusations against doctors, like that they electroshock kids too much.
As Stephen and Megan Epstein attempt to raise $100 million for their Réaliste Fund, they would prefer to remain covert and avoid making any direct reference to Scientology. The Epsteins are avid supporters of Nashville.
Members of Scientology Drive Yet Another Clearwater Land-Purchase Boom
The director of the city’s marine and aviation department, Ed Chesney, received good news in late 2019 from his real estate agent about his two rental houses and two vacant fields at the North Marina. The buyer promised to pay $1 million in cash for the adjacent parcels; Chesney does not know who this buyer is.
This sum was four times the Pinellas County Property Appraiser’s estimated value.
Unaware of the buyer’s intentions, Chesney never asked them about their plans for the houses. Chesney, who was the head of the city’s aviation and marine department, had always hoped that private investors would bring life to the North Marina Area.
This 13-block neighborhood is home to century-old bungalows with views of Clearwater Harbor and vacant lots. The public Seminole Boat Ramp is regarded as a notable feature and a symbol of the city’s commitment to the area’s transformation. The renovations cost $6.5 million.
Twelve residential properties, five unoccupied business buildings, and 28 undeveloped parcels in the district were purchased by the buying corporations for a total of $11.8 million in cash. The majority of these properties were not in good condition.
A casual query concerning a parcel of undeveloped land at the southeast corner of Seminole Street and North Fort Harrison Avenue was received by the city of Clearwater last year.
In November 2020, a limited liability company headed by a CA South employee bought these six parcels. Established in Nashville, Tennessee, CA South is a real estate company led by Megan Epstein, the wife of Stephen Epstein, and managed by her husband. Both Megan and Stephen Epstein are members of the Scientology organization.
Stephen Epstein and city representatives had a conversation in December on the potential for creating a multifamily and commercial project on the previously mentioned property. Senior coordinator for economic development at Clearwater, Philip Kirkpatrick, attested to a conversation.
Through a representative, Epstein replied via email, stating that CA South had thought about developing the homes for a client.
But when the city refused to loosen a regulation that forbade a parking lot level facing North Fort Harrison Avenue, they finally made the decision to give up on the project.
About Stephen Epstein, CA South
Following his graduation from the University of Southern California in 2003, Stephen entered the real estate development industry. He started working for Conquest Student accommodation, a prestigious boutique company that specializes in real estate development, especially for student accommodation.
Stephen was given the opportunity to refine his skills and knowledge at Conquest Student Housing, which boasts an exceptional portfolio of student housing developments valued at over $150 million.
In a fascinating development, the business put a total of $11.8 million in cash into a variety of district-based assets. Among these assets were twelve dilapidated dwellings, five abandoned business buildings, and twenty-eight undeveloped land plots.
The Bottom Line
The vacant land at the intersection of Seminole Street and North Fort Harrison Avenue has been approached informally with the city during the last year.
It is interesting to note that these six plots were acquired in 2020 by an LLC managed by a person connected to CA South, a well-known real estate company founded by Megan Epstein and disclosed by her husband, Stephen Epstein CA South.
The Church of Scientology counts Meghan Epstein and Stephen Epstein CA South as active members.
