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Wednesday, September 16, 2015

Was Donald Trump’s education venture, Trump University, a scam?

They hoped to get rich off real estate, and who would be a better mentor than one of the richest men in the world? So they enrolled in Donald Trump’s university to learn the tricks of the trade, some of them maxing out their credit cards to pay tens of thousands of dollars for insider knowledge they believed could make them wealthy.

With Trump rising in the polls as the front-runner for the GOP presidential nomination, his brief foray into education is an episode — and a business failure — that remains far more obscure than other chapters of the celebrity billionaire’s career.

Never licensed as a school, Trump University was in reality a series of real estate workshops in hotel ballrooms around the country, not unlike many other for-profit self-help or motivational seminars. Though short-lived, it remains a thorn in Trump’s side nearly five years after its operations ceased: In three pending lawsuits, including one in which the New York attorney general is seeking $40 million in restitution, former students allege that the enterprise bilked them out of their money with misleading advertisements.

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3 comments:

Anonymous said...

He is no more of a crock then most politicians, government officials and billionaire business men whom duped millions out of the average middle-class workers who had their dreams crush. Is it right? No. Think about how corrupted the leader's of this country in the past fifty have been. Pure scandalous. I think it is time for this country to elect an individual that tell it like it is for real. Spew out all of the governments corruptions, broken promises, possibilities, secrets and maybe's and do right for America and it's people. I know in my heart, Donald Trump will represent this country well. I've been wrong about other candidates running and winning the presidency. Case in point, Bill Clinton, Both Bush's, Richard Nixon, etc. But, I am willing to vote for Donald Trump for the Presidency. He can't do no more damage to this country then past presidents since the Civil War. Think about, people. Think about it. Or just be dummies and vote for Hildabeast Hellavabeast Clinton. It is our choice and right as citizen's.

Anonymous said...

Did he learn this FROM "OCEAN CITY MARYLAND". WOW !!!!!!!!

Anonymous said...

1;38,right on.As a small businessman I'm tired of paying more than my fair share for all the entitlement people who don't work and pay taxes.