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L. Coyote

(51,129 posts)
Sun Jul 3, 2016, 07:41 PM Jul 2016

Trump Institute Offered Get-Rich Schemes With Plagiarized Lessons

Trump Institute Offered Get-Rich Schemes With Plagiarized Lessons
JONATHAN MARTINJUNE 29, 2016

..... Mr. Trump also lent his name, and his credibility, to a seminar business he did not own, which was branded the Trump Institute. Its operators rented out hotel ballrooms across the country and invited people to pay up to $2,000 to come hear Mr. Trump’s “wealth-creating secrets and strategies.”

..... Trump Institute promised falsely that its teachers would be handpicked by Mr. Trump. Mr. Trump did little, interviews show, besides appear in an infomercial — one that promised customers access to his vast accumulated knowledge. “I put all of my concepts that have worked so well for me, new and old, into our seminar,” he said in the 2005 video, adding, “I’m teaching what I’ve learned.”

Reality fell far short. In fact, the institute was run by a couple who had run afoul of regulators in dozens of states and had been dogged by accusations of deceptive business practices and fraud for decades. ..... there was an even more fundamental deceit to the business, unreported until now: Extensive portions of the materials that students received after paying their seminar fees, supposedly containing Mr. Trump’s special wisdom, had been plagiarized from an obscure real estate manual published a decade earlier. ......[center]

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