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Donald Trump Investment School Sued by NY Attorney General......

MMC

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New York state's attorney general said on Sunday he has filed a $40 million lawsuit against Donald Trump and his for-profit investment school, accusing them of engaging in illegal business practices.

2013-08-25T184141Z_2_CBRE97O098H00_RTROPTP_2_HOLLYWOOD.JPG


New York Attorney General Eric Schneiderman alleged that the real estate mogul, a former executive and the Trump Entrepreneur Institute - called Trump University until 2010 - made false claims about classes at the school, including that Trump handpicked instructors.

The attorney general said from 2005 to 2011, the Trump school operated without an educational license while misleading consumers into paying for courses promising to teach Trump's real estate investment techniques.

More than 5,000 people nationally took the courses, paying $40 million, Schneiderman said.

The lawsuit is seeking restitution of at least $40 million, as well as a disgorgement of profits, penalties and an injunction, Schneiderman's office said.

A lawyer for Trump did not immediately respond to requests for comment. But after the lawsuit was first reported in The New York Times late Saturday, Trump said in a post on Twitter: "Lightweight NYS Attorney General Eric Schneiderman is trying to extort me with a civil law suit."

The tweet also linked to a website, which claims: "Trump University has a 98 percent approval rating.".....snip~

Donald Trump investment school sued by NY attorney general - Yahoo! Finance Canada


Looks like somebody is mad at Don-oowed. 2005 til 2011????? Yet no one in the Media ever went after Trump over this when he was all up in Obama's Face. Slamming Democrats and Repubs. Talking about running for the President. Just now they are finding something like this out.....when they were looking to discredit him before. Think they trying to make sure Trump don't get back up into the play of things again?

Didn't take Trump long to respond over twitter either. Do you think the NY AG got the message?
 
New York state's attorney general said on Sunday he has filed a $40 million lawsuit against Donald Trump and his for-profit investment school, accusing them of engaging in illegal business practices.

2013-08-25T184141Z_2_CBRE97O098H00_RTROPTP_2_HOLLYWOOD.JPG


New York Attorney General Eric Schneiderman alleged that the real estate mogul, a former executive and the Trump Entrepreneur Institute - called Trump University until 2010 - made false claims about classes at the school, including that Trump handpicked instructors.

The attorney general said from 2005 to 2011, the Trump school operated without an educational license while misleading consumers into paying for courses promising to teach Trump's real estate investment techniques.

More than 5,000 people nationally took the courses, paying $40 million, Schneiderman said.

The lawsuit is seeking restitution of at least $40 million, as well as a disgorgement of profits, penalties and an injunction, Schneiderman's office said.

A lawyer for Trump did not immediately respond to requests for comment. But after the lawsuit was first reported in The New York Times late Saturday, Trump said in a post on Twitter: "Lightweight NYS Attorney General Eric Schneiderman is trying to extort me with a civil law suit."

The tweet also linked to a website, which claims: "Trump University has a 98 percent approval rating.".....snip~

Donald Trump investment school sued by NY attorney general - Yahoo! Finance Canada


Looks like somebody is mad at Don-oowed. 2005 til 2011????? Yet no one in the Media ever went after Trump over this when he was all up in Obama's Face. Slamming Democrats and Repubs. Talking about running for the President. Just now they are finding something like this out.....when they were looking to discredit him before. Think they trying to make sure Trump don't get back up into the play of things again?

Didn't take Trump long to respond over twitter either. Do you think the NY AG got the message?

It would seem that NY missed their cut of the Donald's action and are thus quite upset. ;)
 
Trump didn't take long to call the NY AG a lightweight. :lol:

He has faith in his lawyers and likely enjoys the added press attention and chances to get on more "news" radio and TV shows. ;)
 
He has faith in his lawyers and likely enjoys the added press attention and chances to get on more "news" radio and TV shows. ;)

I was just thinking how he will use this to show the Democrats went after him over BS.....might even see a commercial out of him. If he wants to play with their heads a little. :mrgreen:
 
I was just thinking how he will use this to show the Democrats went after him over BS.....might even see a commercial out of him. If he wants to play with their heads a little. :mrgreen:

Yep. How to go from a being a solid one percenter to a "little guy" being picked on by the huge nanny state in short order. :)
 
Yep. How to go from a being a solid one percenter to a "little guy" being picked on by the huge nanny state in short order. :)

I'm surprised the Left isn't all over this. Any other time they luv to slam Trump. :mrgreen:
 
I'm surprised the Left isn't all over this. Any other time they luv to slam Trump. :mrgreen:

If they say anything then it is simply more free publicity for the Donald, and they know he is likely to get his say in return. They probably want this to cost him some communication resources that must be diverted to cover his legal expenses in this matter, so it is counter productive to give him any more free press exposure.
 
I'm surprised the Left isn't all over this. Any other time they luv to slam Trump. :mrgreen:

Maybe they find the "Trump University has a 98 percent approval rating" discouraging.
 
There's rarely been a better time for someone to learn about risks and losses than at Trump U.
 
Donald Trump is the P. T. Barnum of the 21st century.
 
The net effect of this story is that most New Yorkers are now saying "oh my gosh, we have an Attorney General?"
 
If you invested in Donald Trump anything, I've got no sympathy.
 
If you invested in Donald Trump anything, I've got no sympathy.

Heya Wiseone :2wave: .....why would people who have learned to make money in real estate want any sympathy in the first place. Do you think all the millionaires he has helped make money really care. Despite some of them starting out with nothing.

But now if the NY AG is making stuff up or is unaware of somethings that have transpired thru the law legally. Then that's one who none should have no sympathy for.
 
Heya Wiseone :2wave: .....why would people who have learned to make money in real estate want any sympathy in the first place. Do you think all the millionaires he has helped make money really care. Despite some of them starting out with nothing.

But now if the NY AG is making stuff up or is unaware of somethings that have transpired thru the law legally. Then that's one who none should have no sympathy for.

Donald Trump is a clown, no more of a "business genius" than any other con artist is one.
 
Donald Trump is a clown, no more of a "business genius" than any other con artist is one.

Kinda like Obama huh? :lol:

So how does that change the facts that he helped people that didn't have anything make money?

Even less of a clown then MOST on the left and not even as big a clown on the Right.
 
Kinda like Obama huh? :lol:

So how does that change the facts that he helped people that didn't have anything make money?

Even less of a clown then MOST on the left and not even as big a clown on the Right.

Jesus that red herring is so massive you could eat it for a week with leftovers, what the hell does Obama have to do with it?
 
Jesus that red herring is so massive you could eat it for a week with leftovers, what the hell does Obama have to do with it?

About as much as just saying Trump is a clown does.....one doesn't get to be a Billionaire by simply being a Clown. Which in Trumps case.....looks like you can't say anything was handed to him freely, now can you?
 
New York state's attorney general said on Sunday he has filed a $40 million lawsuit against Donald Trump and his for-profit investment school, accusing them of engaging in illegal business practices.

2013-08-25T184141Z_2_CBRE97O098H00_RTROPTP_2_HOLLYWOOD.JPG


New York Attorney General Eric Schneiderman alleged that the real estate mogul, a former executive and the Trump Entrepreneur Institute - called Trump University until 2010 - made false claims about classes at the school, including that Trump handpicked instructors.

The attorney general said from 2005 to 2011, the Trump school operated without an educational license while misleading consumers into paying for courses promising to teach Trump's real estate investment techniques.

More than 5,000 people nationally took the courses, paying $40 million, Schneiderman said.

The lawsuit is seeking restitution of at least $40 million, as well as a disgorgement of profits, penalties and an injunction, Schneiderman's office said.

A lawyer for Trump did not immediately respond to requests for comment. But after the lawsuit was first reported in The New York Times late Saturday, Trump said in a post on Twitter: "Lightweight NYS Attorney General Eric Schneiderman is trying to extort me with a civil law suit."

The tweet also linked to a website, which claims: "Trump University has a 98 percent approval rating.".....snip~

Donald Trump investment school sued by NY attorney general - Yahoo! Finance Canada


Looks like somebody is mad at Don-oowed. 2005 til 2011????? Yet no one in the Media ever went after Trump over this when he was all up in Obama's Face. Slamming Democrats and Repubs. Talking about running for the President. Just now they are finding something like this out.....when they were looking to discredit him before. Think they trying to make sure Trump don't get back up into the play of things again?

Didn't take Trump long to respond over twitter either. Do you think the NY AG got the message?

What I find interesting about this article is that nothing you posted pointed to wrong-doing -- other than perhaps lack of "an educational license."
 
What I find interesting about this article is that nothing you posted pointed to wrong-doing -- other than perhaps lack of "an educational license."

Mornin' Maggie.
hat.gif
Yep and they didn't show what was in the Civil Suit on Sunday either. Also, like I said earlier. When Trump was all up in the news about Running. The MS Media was looking for any dirt on him. Any.....this says this was going on since 2005. So how can it be?

Also from Trumps response. Doesn't seem as if he is worried.

The NY AG best hope Trump don't come back with something where the state of NY itself held things up. Otherwise NY might be contributing to Trumps Bank Rolls.
 
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