Eric Schneiderman, the New York Attorney General recently filed a $40 million suit against Donald Trump’s ‘University’ alleging fraud.
The Attorney General says that the billionaire defrauded thousands with pipe dreams of get-rich-quick schemes. The Donald Trump “University” mislead over 5,000 “students” into thinking that they would have special “hand-picked” professors who would give them the special knowledge to make millions in real estate, according to the New York Daily News.
The workshops promised instructors hand-picked by Trump who, in reality, were not, Schneiderman says that Trump’s “University” was nothing more than a series of workshops. The instructors, Trump promised, were all selected by the Donald himself, for their special skills in imparting the millionaire secrets. But Schneiderman says there was no such selection process and no real criteria set for these instructors.
“Trading on his celebrity status, Mr. Trump personally appeared in advertisements making false promises to convince people to spend tens of thousands of dollars they couldn’t afford for lessons they never got. No one, no matter how rich or famous they are, has a right to scam hardworking New Yorkers. Anyone who does should expect to be held accountable.”
The workshops were promoted through an ad campaign that spanned the United states. But the workshops instead misled consumers by promising instructors hand-picked by Trump who, in reality, were not.
Schneiderman also alleges that “dozens and dozens” of complaints were filed, and that Trump ignored demands from the state Department of Education that he stop referring to the workshops as a “University,” as far back as 2005.