Trump’s Real Estate School Deemed a ‘Scam’ by NY Attorney General

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Does anyone find this hard to believe? However I feel that if you thought that a 3 day seminar put on by Mr. Trump constituted a “University Course” you should not even consider a career in real estate.  Please read the article below and let me know what you think.

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Donald Trump and Trump University, a real estate investment school in New York, face a lawsuit charging Trump and his school defrauded consumers of $40 million.

Trump University functioned as a real estate school, luring students with promises that they would learn Trump’s personal real estate methods and ensuring their success in real estate investment.

However, according to New York Attorney General Eric T. Schneiderman, who filed a suit against Trump Saturday, the school did not deliver on its promises.

“Mr. Trump used his celebrity status and personally appeared in commercials making false promises to convince people to spend tens of thousands of dollars they couldn’t afford for lessons they never got,” Schneiderman said in a press release Sunday.

Instead of the real estate education they were promised, Schneiderman says more than 5,000 students “got a hard lesson in bait-and-switch.”

Trump adamantly denies the charges and says he will not settle the case but instead will fight it in court “on principle.”

During a phone interview on TODAY Monday, Trump said the attorney general is a “total lightweight,” calling him “very unpopular” and accusing him of soliciting campaign funds from Trump’s staff and attorneys during the investigation into Trump University.

To see the complete article – please use the link below.

Estate School Deemed a ‘Scam’

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