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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump’s University Scam Finally Catches Up With Him
http://www.liberalamerica.org/2016/01/28/trumps-university-scam-finally-catches-up-with-him/According to Lab ProLib, in August of 2013, Attorney General Eric T. Schneiderman filed a lawsuit against Trump worth $40-million. They go on to report:
The lawsuit seeks full restitution for the more than 5,000 consumers nationwide who were defrauded of over $40 million in the scheme, disgorgement of profits, as well as costs and penalties and injunctive relief prohibiting these types of illegal practices going forward.
They also report that:
Instead of providing all of the promised services, instructors used the three-day seminars to pitch consumers expensive Trump Elite mentorship programs costing $10,000 to $35,000. Trump University promised that the mentorships provided one-on-one training during which students would have personal assistance until they executed their first real estate deal and recouped the cost of the program.
Adding insult to financial injury, the Trump University students were promised a visit with Trump himself. Instead, many just got a picture taken with a cardboard cutout of Trump.
Wounded Bear
(58,670 posts)maybe he's not as smart as some thinkle peep.
JudyM
(29,251 posts)I hope he gets the nom before this gets resolved and it breaks in October.
packman
(16,296 posts)Too rich for words - How could they tell the difference?
Lordy, lordy - there is a sucker born every minute.
Orsino
(37,428 posts)Fantastic!
Jarqui
(10,126 posts)He's a piece of work
More on this lawsuit:
Financial Times: Lawsuits take issue with Trumps tuition
January 25, 2016 4:48 pm
http://www.ft.com/cms/s/0/f8f19200-bbd5-11e5-b151-8e15c9a029fb.html#axzz3yZIoOsYO
In multiple lawsuits filed against Mr Trump across the country, which the candidate is contesting, plaintiffs claimed they were duped into buying products or property because they believed in the billionaire, when he was actually involved in the businesses in name only.
...
One of the most serious allegations facing Mr Trump is a national class action lawsuit that claims he violated racketeering laws through the now defunct university, in which he had a 93 per cent stake.
Another class action lawsuit has made similar claims. In a separate case brought by the New York state attorney-generals office, a state Supreme Court judge ruled in 2014 that Mr Trump was personally liable for the university operating without a state licence.
Gregorian
(23,867 posts)Hey, there's money to be banked. Can't worry about the little people.
A cardboard cutout. That is hilarious. What a shit he is.
Initech
(100,081 posts)Donald Trump is channeling Krusty the Klown when it comes to merchandising!
cascadiance
(19,537 posts)but that was more of a medical deferment scam instead, when he used up his university attendance deferments, he got a medical deferment for having a "bone spur" in his foot, but of course he can't remember which foot it was that was "damaged"...
https://www.washingtonpost.com/world/national-security/questions-linger-about-trumps-draft-deferments-during-vietnam-war/2015/07/21/257677bc-2fdd-11e5-8353-1215475949f4_story.html
KamaAina
(78,249 posts)Lochloosa
(16,066 posts)If your were dumb enough to enroll....