Carnival barker Donald Trump was sued by New York Attorney General Eric Schneiderman for $40 million over his phony Trump University that promised to make students rich. These ‘students’ were steered into “expensive and mostly useless seminars.” Trump U failed to deliver promised apprenticeships, the lawsuit alleges. Um, anyone who didn’t smell a rat and paid up to $35,000 to Trump University deserve to be robbed.
“Trump University engaged in deception at every stage of consumers’ advancement through costly programs and caused real financial harm,” Schneiderman said. “Trump University, with Donald Trump’s knowledge and participation, relied on Trump’s name recognition and celebrity status to take advantage of consumers who believed in the Trump brand.”
The lawsuit says many of the wannabe moguls were unable to land even one real estate deal and were left far worse off than before the lessons, facing thousands of dollars in debt for the seminar program once billed as a top quality university with Trump’s “hand-picked” instructors.
Schneiderman is suing the program, Trump as the university chairman, and the former president of the university in a case to be handled in state Supreme Court in Manhattan. He accuses them of engaging in persistent fraud, illegal and deceptive conduct and violating federal consumer protection law. The $40 million he seeks is mostly to pay restitution to consumers. Source: AP
Here’s Donald Trump’s response to the lawsuit (LOL):
Lightweight NYS Attorney General Eric Schneiderman is trying to extort me with a civil law suit. See website http://t.co/qTflzWGXud
— Donald J. Trump (@realDonaldTrump) August 24, 2013