Today’s post is going to be short and to the point. As you know by now, Donald Trump launched a so-called university to teach real estate investing schemes to subscribers. The “university” existed from 2005 through about 2010. In its short time in existence, the school collected many complaints from students who took the courses. Donald Trump has acknowledged refunding about 25% of the tuition he collected.
The New York Attorney General’s office began to look into the “university” in 2011. In 2013, the New York Attorney General’s office filed a suit against the “university” for “illegal business practices.” Two, class action lawsuits were also filed against Trump’s school alleging racketeering by Trump and his school.
As a result of one of the pending lawsuits, Judge Gonzalo P. Curiel allowed the release of parts of the trial documents on May 27, 2016. Rather than bore you with having to trudge through the hundreds of court pages, I thought it would be best to let Donald Trump, tell you in his own words, why his Trump University was a fraud from the very beginning.
Enjoy the three-minute video of Donald Trump telling you why even his own employees believe his school was nothing more than a fraud.