Karl Rikki Castillo's latest scam is that he falsely claims to own "700 hectares of CBD rich hemp in Europe". This is a blatant lie. Karl has shared numerous videos and photos of hemp crops being harvested, and photos of himself 'on the farm' while visiting in an effort to make all his lies sound real.
In actual fact, Karl Castillo is little more than a broker to a broker to a broker. Karl Castillo has no direct link to any contracts with Hemp farmers or finance. Perhaps someday Karl will con some unsuspecting investor into backing a deal and represent the funds as his own.To make this scam more legitimate, Karl Castillo formed a company called Hibaca Limited (Company #11844446) in Feb 2019 It was a year later when the excitement around the CBD gold rush lost its shine.
All three associates now call themselves 'farmers. Karl Castillo has never grown a living plant in his life, let alone farmed or managed operations or sales for a field with hundreds of hectares of hemp crops.
According to Companies House, Karl Castillo's associate, James Badger, also set up another entity with a similar name which is still active, HIBACA HOLDINGS LTD (Company number 11898569).
Here is Karl Castillo's official sales blurb from the now inactive website Hibaca.com
"We wish to build long term relationships based on well-priced, high quality and consistent products supplied through our timely supply chain management.
Our goal is to grow HIBACA and our partners portfolio of products profitability for sustained success. HIBACA’s vision is to be a fundamental pillar of the rapidly growing cannabis market in Europe.
Our licensed 1,000 hectare hemp farm, headquartered in Sardinia, provides the launch pad for a vertically integrated operation from seed to consumer. Our focus is to maximise the value of the land and produce through strategic allocation of revenue generating activities and further land acquisition.
Our intention is to integrate organic and advanced technological practices throughout the value chain to enable ethical and sustainable growth. Merging nature’s evolved and human discovered technologies to improve health of people and planet.
We are a core team of entrepreneurial, operational and investment professionals that aim to grow profitably and rapidly. We want to work with like-minded investors and partners to capitalise on the burgeoning market opportunity.
HIBACA produces a range of organic hemp products with primary focus on producing high quality CBD oil and Isolate that regularly tests to over a 90% purity. Our CBD oils and Isolate are produced with CO2 extraction under close supervision of PhD scientists with multi-year experience in innovative extraction methods. These can be mixed with further ingredients to client specifications and packaged as required.
FLOWERS Felina 32 Carmagnola Zenit Kompolti OILS CBD oil Activated CBD oil Hemp Oil OTHER Isolate Seeds Seedlings Flour Hemp leaves
We wish to build long term relationships based on well-priced, high quality and consistent products supplied through our timely supply chain management. Our goal is to grow HIBACA and our partners portfolio of products profitability for sustained success. Any Questions Please Email Me; karl@Hibaca.Com
Sample nonsense about deals that never happen but Karl Castillo passionately lies about, so much so that he actually believes the lies he tells.
YOU ONLY LIVE ONCE. KARL CASTILLO.
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