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DetlefK

(16,423 posts)
Fri May 17, 2019, 11:14 AM May 2019

Trump licensed his name to scammers who sold a hole in the ground for $125,000.

https://www.rawstory.com/2019/05/cnn-blows-the-lid-off-a-trump-scam-that-got-family-to-pay-400000-for-a-literal-hole-in-the-ground/

In her report, Burnett talked with a woman named Sandra Sapol, who in 2006 bought a condo at what was supposed to be a new Trump-branded property called the Trump Ocean Resort Baja Mexico.

Sapol said that a woman selling condos at the resort met with her and showed her brochures of what the resort would look like — and they came complete with an endorsement from Trump himself that guaranteed people would have “the time of their lives” at his new resort.

...

But the resort was never built and Sapol lost all the money she invested. On the site of where the hotel was supposed to be constructed is a giant hole in the ground — and nothing more.

...

Burnett went on to explain how the people selling the condos were using Trump’s brand under a licensing deal under which they misled buyers into believing they were buying property directly from Trump himself.
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Trump licensed his name to scammers who sold a hole in the ground for $125,000. (Original Post) DetlefK May 2019 OP
Despicable story, of course. However, they actually lost $125K and all you have to do is watch mr_lebowski May 2019 #1
K&R...Saw that report on cnn this am.....scammer don spanone May 2019 #2
Things that make you go Wuhhht? Midnightwalk May 2019 #3
Reminds me of the cartoon... ProudLib72 May 2019 #4
 

mr_lebowski

(33,643 posts)
1. Despicable story, of course. However, they actually lost $125K and all you have to do is watch
Fri May 17, 2019, 11:37 AM
May 2019

the clip that Raw Story is reporting on, it's very clear what the Sapol's lost ... was their $125k deposit.

$418K I believe they said was the total cost of the purchase, but only the deposit was ever paid.

Not that it matters much, cause 125K is still a HUGE amount of money to just ... lose ... but c'mon RS ... all you do is destroy your credibility with bullshit like this. Very irresponsible.

Midnightwalk

(3,131 posts)
3. Things that make you go Wuhhht?
Fri May 17, 2019, 11:56 AM
May 2019
Burnett went on to explain how the people selling the condos were using Trump’s brand under a licensing deal under which they misled buyers into believing they were buying property directly from Trump himself.


As is buying directly from Trump would have been safer?
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