Replies to post #64573 on GRN Holding Corp (GRNF)

[Snelly]

Not only is this guy a crook, but a broke crook, taking from one company transferring to a holding company to pay his taxes he couldn't afford to pay. This guy is as bad it gets, completely penniless and now he's caught.

[I-Glow]

This was headed for a classic Ponzi scheme - Costello would raise more money to pay CANN - then more money to pay those investors...

But he wasn't smart enough to pull of the scam.

My question is how stupid are the CANN guys to give Costello $2.8 million - it appears they didn't do any research on GRN Funds or Costello.

Did they think PBC was a real financial institution.

The Washington DFI was already investigating Costello. He has really screwed up this time.