Kris Kohn News Today

The lawsuit, filed by the daughter of one of Cardone's previous investors, says he misled his followers by boasting on social media about the potential returns they would see from investing in his real estate fund while downplaying the risks.

“It’s a wake-up call to the middle class,” a booming voice assures listeners during the intro to Grant Cardone’s weekly podcast, This Is Not Your Daddy’s Economy. For listeners, Cardone has become the apotheosis of financial influencers: waking up the middle class and heralding a new economy for its chosen sons and daughters. Brash and populist, he promises anyone who listens that they too can ascend into the realms of passive income by following his real estat...