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February 16th 2016, Michael Isikoff Yahoo Politics: The underlying class action lawsuit, filed in 2010, charges that Makaeff and thousands of other students were “scammed” into maxing out their credit cards and paying up to $60,000 in fees for seminars in hotel ballrooms and “mentoring” by Trump’s “hand-picked” real estate experts. The lawsuit against the school, which is no longer in business, alleges the seminars turned into little more than an “infomercial” and the Trump mentors she was assigned offered “no practical advice” and “mostly disappeared.”
CNN September 18th 2015: "We started looking at Trump University and discovered that it was a classic bait-and-switch scheme. It was a scam, starting with the fact that it was not a university," New York Attorney General Eric Schneiderman told CNN's New Day after filing suit in 2013.
Washington Post Sept 13th 2015: New York Attorney General Eric Schneiderman (D) filed his $40 million suit against Trump and Trump University in 2013, alleging that Trump had illegally operated an unlicensed university and defrauded students. Approximately 80,000 people attended Trump University’s free introductory seminars, according to court documents. About 9,200 of them went on to pay $1,495 for three-day seminars, and nearly 800 paid up to $35,000 for packages that included mentorships and workshops.
Approximately 80,000 people attended Trump University’s free introductory seminars, according to court documents. About 9,200 of them went on to pay $1,495 for three-day seminars, and nearly 800 paid up to $35,000 for packages that included mentorships and workshops.
The underlying class action lawsuit, filed in 2010, charges that Makaeff and thousands of other students were “scammed” into maxing out their credit cards...
It was a scam, starting with the fact that it was not a university,"...
A state prosecutor said Thursday that Trump University deserves an F in ethics.
Deputy Solicitor General Steven Wu told four Manhattan appellate judges that Trump's much-maligned — and now-defunct — school promising instant wealth operated as a "fraudulent bait and switch scheme."
the company offers courses in real estate, asset management, entrepreneurship, and wealth creation, charging fees ranging from US$1,500 to US$35,000