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Title: Donald Trump still battling lawsuits from defunct Trump University
Source:
CNN Money
URL Source: http://money.cnn.com/2015/07/24/new ... -university-lawsuit/index.html
Published: Aug 15, 2015
Author: Jeanne Sahadi and Karen McGowan
Post Date: 2015-08-15 14:22:58 by Tooconservative
Keywords: None
Views: 3642
Comments: 43
Trump is involved in two lawsuits brought by former students and one by the New York Attorney General. The Donald is expected to be questioned under oath next month in a class action lawsuit brought by Art Cohen, who spent more than $36,000 on the Trump programs. Cohen's suit alleges that Trump University failed to deliver on its promises to provide a premier education. Trump University, launched in 2005, promised to teach students the mogul's investing techniques to get rich on real estate. But the suit claims the teachers were not professors hand-picked by Trump as advertised, but rather independent contractors paid commissions for sales of the seminars and products. The suit also alleges that the University would "upsell" students in its initial free seminar to buy a $1,495 "one year apprenticeship" -- which was effectively a three-day seminar. Then if they bought that, the teachers would upsell them again to buy "mentorships" at a cost of $10,000 and up. The most expensive, the Gold Elite program, cost $35,000. "Even then, after investing nearly $36,500, students still do not receive Defendant Trump's 'secrets' they were promised, but are constantly subjected to upsell of additional Live Events, products and books," the Cohen suit said. Trump's camp rejects the allegations. "Mr. Cohen's claims are completely baseless," said Alan Garten, the executive vice president and general counsel of The Trump Organization. Jason Forge, an attorney representing Cohen, said "We'd rather try this case in court." In addition to Trump's upcoming deposition, more information about his financial stake in the school may be revealed. U.S. District Judge Gonzalo Curiel in California ordered that the plaintiff may reopen depositions of various Trump witnesses where they were asked but didn't answer questions about the money Trump put into -- and received from -- Trump University. Cohen's Trump University suit isn't the first. Another class action suit representing students in California, Florida and New York made similar claims and is still pending. And in a suit brought by the State of New York, a trial court found Trump was personally liable for running an unlicensed school and must pay restitution to approximately 800 consumers nationwide who took courses after May 31, 2010 from the Trump Entrepreneur Initiative (formerly known as Trump University). In addition, the court authorized Trump's attorneys to take the deposition of more than 5,000 consumers who took courses before that date and for whom New York State Attorney General Eric Schneiderman is seeking restitution under claims of fraud.
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Presidential candidate Donald Trump wants to "Make America Great Again!" Before he can do that, he has to answer to allegations that his now-defunct Trump University was a scam.
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Begin Trace Mode for Comment # 20.
#10. To: TooConservative (#0)
Sure they did. THEY'RE the secret! If you want to be a multi-billionaire like Trump, you find a couple of thousands of suckers willing to pay $36,500 to learn how they, too, can become a multi-billionaire. As though there's a secret to real estate that only Trump knows. Buy low, sell high. How about that? Everyone wants to "get rich quick" and some are willing to stupidly part with $36,500 to do so. P.T. Barnum was right. There's a sucker born every minute.
We'll see how the voters like learning more about someone with $10 billion (supposedly) running real estate seminar scams on people. Especially as these cases keep hitting the news as the court cases unwind.
We'll see how the voters like learning more about someone with $10 billion running real estate seminar scams on people (supposedly). You misplaced the "supposedly". We'll see? Then why don't you wait? Why are you posting this now when the whole thing may be thrown out? This isn't the first time that someone got upset because they didn't become a millionaire "as promised".
Trump loves to advertise his deal-making abilities. Well, this was one of his deals. People will want to know how much Donald made, how much he invested, whether he was merely the front man, the respectable name, for a group of organized swindlers.
To me, this looks like no more than a clash between what was expected and what was promised. No different than, "Trina Thompson has sued her alma mater, Monroe College of New York, for $72,000 -- the full cost of her tuition and then some -- because she cannot find a job."
That's a quaint opinion. We'll see how the courts and juries see this. I would expect other attorneys general to file lawsuits too, provided they have consumer protection laws already in place. Teh Donald will not like it when the attorneys start using subpoenas during discovery to depose him and expose his records to the public. Of course, you'll still be here at LF, making up excuses for Tycoon Trump bilking all these people out of their money as the front man for a group of swindlers.
Whoa! Trial over? Verdict in? Yeah, keep posting the rumors, innuendo and gossip, trying to rain on our parade. It just makes you look like the bitter fool your are. Trump just hit you right between the eyes with his "deport them all" immigration plan and not a peep from you. Oh, that's right. You don't like facts. You prefer to deal in speculation.
One verdict (NY state) is in. Trump lost. Two more civil suits are pending in NY. More civil suits (including class actions) in CA and FL. Probably more to come once some lawyers or AG's sniff out some easy money (if the state where the "students" reside have strong consumer protection laws). Trump says something different every single day. Which means you can't trust anything he says on the subject. He's had about 4 different positions on the illegals over the last 10 days (plus he says Sessions is writing his actual position). What is Trump's actual position? Depends on what day it is. I think this will wear thin with voters very quickly as they discover everyone they know thinks they are idiots to fall for this con man. In your case, you may not notice any change.
Different variations of the same theme. Not different positions. Have the other candidates been as forthcoming?
#22. To: misterwhite (#20)
Arguing with Trumpsters is like arguing with Moonies or Scientologists or Marxists. It's garden-variety cultism, not political debate.
Top • Page Up • Full Thread • Page Down • Bottom/Latest"Even then, after investing nearly $36,500, students still do not receive Defendant Trump's 'secrets' they were promised"
#11. To: misterwhite (#10)
#12. To: TooConservative (#11)
We'll see how the voters like learning more about someone with $10 billion (supposedly) running real estate seminar scams on people.
#14. To: misterwhite (#12)
We'll see? Then why don't you wait? Why are you posting this now when the whole thing may be thrown out? This isn't the first time that someone got upset because they didn't become a millionaire "as promised".
#15. To: TooConservative (#14)
"Well, this was one of his deals."
#16. To: misterwhite (#15)
No different than, "Trina Thompson has sued her alma mater, Monroe College of New York, for $72,000 -- the full cost of her tuition and then some -- because she cannot find a job."
#17. To: TooConservative (#16)
"Of course, you'll still be here at LF, making up excuses for Tycoon Trump bilking all these people out of their money as the front man for a group of swindlers."
#18. To: misterwhite (#17)
Whoa! Trial over? Verdict in?
Trump just hit you right between the eyes with his "deport them all" immigration plan and not a peep from you. Oh, that's right. You don't like facts. You prefer to deal in speculation.
#20. To: TooConservative (#18)
"He's had about 4 different positions on the illegals"
Replies to Comment # 20. Different variations of the same theme. Not different positions. Have the other candidates been as forthcoming?
End Trace Mode for Comment # 20.
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