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WhiteTara

(29,719 posts)
Fri Feb 26, 2016, 05:11 PM Feb 2016

Trump University’s Checkered Past Haunting Candidate

http://www.nytimes.com/2016/02/27/us/donald-trump-marco-rubio-trump-university.html

The now-defunct Trump University, the subject of one of Marco Rubio’s attacks on Donald J. Trump at the Republican presidential debate Thursday night, was not a real university at all but a series of seminars held in hotels across the country that promised to share Mr. Trump’s real estate investing acumen with students. It is still embroiled in lawsuits accusing it of misrepresentation.

Those who ultimately purchased premium packages paid as much as $35,000 for the privilege of additional training, called mentorships and apprenticeships.

“Seventy-six percent of the world’s millionaires made their fortunes in real estate,” Mr. Trump said in an email marketing blast sent to tens of thousands of potential customers. “Now it’s your turn. My father did it, I did it, and now I’m ready to teach you how to do it.”

As many as 7,000 people across the country bought the sales pitch, spending an estimated $40 million. Both the State of New York and many of the students are now suing Mr. Trump for misrepresentation. Three cases are pending: one in New York brought by the attorney general and two in California, certified as class actions.
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Trump University’s Checkered Past Haunting Candidate (Original Post) WhiteTara Feb 2016 OP
He is supposed to appear some time soon in court on this. Thinkingabout Feb 2016 #1
I hope it tones down his popularity. nt WhiteTara Feb 2016 #3
Not sure his backers care. Thinkingabout Feb 2016 #5
But, but what about JustAnotherGen Feb 2016 #2
If you mean for him, WhiteTara Feb 2016 #4
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