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New York Attorney General Eric Schneiderman slammed Donald Trump after the GOP presidential nominee spent the weekend criticizing a federal judge about a lawsuit against his Trump University real-estate education venture.
“You defrauded people out of money,” New York Attorney General Eric Schneiderman said Tuesday. “They’re entitled to their day in court. He keeps saying it’s an easy case to win, but he keeps losing.
All he’s doing is delaying.” Schneiderman added that Trump demonstrated a “willingness to lie to people” to get them into his “phony seminars” and that it was “heartless.” He added, “It’s important information to get out there and I think that between the judge releasing these records and other things, I hope all the facts will get out that can between now and the election. I think it’s important public policy.”
originally posted by: Tardacus
I don`t know anything about the trump university "scandal" but i can`t imagine it`s any worse than what what other universities do, charge a fortune for 4 years and then give you a worthless degree in creative writing or origami so you end up unemployed and owing a fortune in student loans that you`ll never be able to repay.
nobody is forced to go to college or get student loans, and no university gives a guaranty that you will get a job when you graduate.
originally posted by: ladyinwaiting
I've been listening to some of the stories on the news today, and some sound pretty grim. He's misrepresented an awful lot.
In addition, in the midst of the litigation, one of the Robbins Geller attorneys, Patrick Coughlin, who is also ‘of counsel’ at the law firm, maxed out his donations to Hillary Clinton’s campaign. Records maintained by the Federal Election Commission indicate that Coughlin has been a longtime financial supporter of both the Democratic National Committee and Hillary Clinton. In February, he donated $5,400 to her campaign.
originally posted by: Willtell
People don’t realize the utter cruelty it is for a billionaire to exploit human beings like this.
Takes advantage of their hopes and dreams and uses them so he could add to his billions and steal their dream.
Its prime proof Trump is a selfish person who doesn’t give a dam about people.
All the money he has and he has to stoop to stealing people’s hopes and dreams
How many people here could sleep at night if they exploited honest and earnest people like Trump did?
How could his supporters justify this sleazy activity?
They'll find a justification because he’s blinded them with darkness
More than 100 new people have come forward to complain that Donald Trump’s now-defunct “university” was a ripoff, the Daily News has learned.
Schneiderman filed a $40 million lawsuit against Trump in Manhattan state Supreme Court in August — accusing the mega-rich developer-turned-reality TV star of defrauding more than 5,000 people nationwide through his Trump University.
One of those who have come forward is Gary Smith, a former city transit worker who says he shelled out $36,000 — and got very little in return.
He said the seminar was a sell-job for a $1,000 three-day class in which the instructor made a heavy sell for a $35,000 mentoring program with the goal of a 205% return on his tuition investment within 90 days.
But after using his credit cards to pay the $35,000, Smith was told by his mentor not to expect a quick return.
Salespeople were instructed to deliberately mislead potential customers and manipulate their emotions.
WASHINGTON — A federal judge on Tuesday unsealed nearly 400 pages of documents related to a lawsuit over the for-profit Trump University, revealing the aggressive and predatory practices that Trump U. salespeople were encouraged to use on potential participants of the real estate seminar, which has been accused of being a scam.
The documents detail the internal “playbook” of Trump University, including information about how its salespeople were told to deliberately mislead potential customers, manipulate their emotions and ignore their concerns. Taken together, they represent a damning new window into the company that Trump closed in 2011 amid multiple investigations but has promised to revive.
The playbook instructed Trump University employees on how to target potential customers with bad credit. “What most people do,” reads one prompt, “is handle the tuition by putting it on their credit cards because it gives them the ability to make very small monthly payments and maintain a low overhead to run their real estate project.” Later on, it says, they can “use their success in real estate to pay off the banks in a couple of months or so.”
Among the harshest critics of Trump University were some of the people who used to work there.
"These people did not necessarily have real estate experience, but they were skilled at high-pressure sales," Sommer said in her statement. "I recall that some consumers had showed up who were homeless and could not afford the seminars, yet I overheard Trump University representatives telling them, 'it's ok; just max out your credit card.'"
Schnackenberg told the story of a couple he talked to the month before he quit who had no money to pay the $35,000 tuition. Schnackenberg said they were talked into using the husband's disability income and a home equity loan to pay for it. "I did not feel it was an appropriate program for them because of their precarious financial condition," he wrote. "Trump University reprimanded me for not trying harder to sell the program to this couple."
"These people did not necessarily have real estate experience, but they were skilled at high-pressure sales," Sommer said in her statement. "I recall that some consumers had showed up who were homeless and could not afford the seminars, yet I overheard Trump University representatives telling them, 'it's ok; just max out your credit card.'"
Like Sommer, Schnackenberg questioned the qualifications of the instructors, recalling one whose background was in jewelry making rather than real estate.
The school promised that the instructors had been "hand-picked" by Trump.
"They were unqualified people posing as Donald Trump's 'right-hand men,'" said Jason Nicholas, another former employee, in his statement. "They were teaching methods that were unethical, and they had had little to no experience flipping properties or doing real estate deals. It was a facade, a total lie."