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New York Attorney General Eric Schneiderman Says Trump University Was 'Straight Up Fraud'
If there's one thing NYS does not mess around with these days, it's fraud.
New York Attorney General Eric Schneiderman on Thursday took aim at the now-defunct Trump University, which has been accused of being a scam.
“In New York, we have laws against business fraud, we have laws against consumer fraud,” Schneiderman said in an interview with ABC’s George Stephanopoulos on “Good Morning America.” “We have a law against running an illegal, unlicensed university. This never was a university. The fraud started with the name of the organization, and you can’t just go around saying this is the George Stephanopoulos Law Firm/Hospital/University without actually qualifying and registering, so it was really a fraud from beginning to end.”
Trump University, an unaccredited for-profit company launched by presumptive GOP nominee Donald Trump in 2005, offered courses in real estate and investment. Documents unsealed by a federal judge earlier this week pertaining to a lawsuit against the venture revealed how its salespeople were told to deliberately mislead potential customers, manipulate their emotions and ignore their concerns about parting ways with, in some cases, tens of thousands of dollars.
“It’s fraud. This is just straight up fraud. It’s like selling people something you say is a Mercedes and it turns out to be a Volkswagen,” Schneiderman added in a separate interview on MSNBC’s “Morning Joe.” “And even if some people say, ‘Well, I actually kind of like the Volkswagen,’ it’s still fraud, ‘cause it’s not a Mercedes. This is not a university.”
New York Attorney General Eric Schneiderman Says Trump University Was 'Straight Up Fraud'
If there's one thing NYS does not mess around with these days, it's fraud.