Donald Trump preyed on victims of the financial crisis, the New York Attorney General says

But I think another quote from Schneiderman deserves some attention: He noted that a lot of the victims of Trump’s alleged scam were people who had come to the school amid a dark period in the aftermath of the financial crisis, when they were desperate to find a way to make money.

...........

“As our investigation uncovered in hundreds of victim accounts and testimony from Trump and his deputies, Trump University was a classic fraud designed to take advantage of people’s needs during tough economic times. In fact, the vast majority of students were enrolled in 2007, 2008, and 2009.”

This perhaps bumps the story up a level. Some of the students who were allegedly defrauded were easy targets because they were panicked about their future livelihoods, due to the financial crash’s aftermath. They were people who were searching for long-term financial security at a very difficult moment for the country and were taken in by Trump University’s promise that it would teach them Trump’s secret money-making wizardry.

https://www.washingtonpost.com/blogs/plum-line/wp/2016/06/02/donald-trump-preyed-on-victims-of-the-financial-crisis-the-new-york-attorney-general-says/