New York Attorney General Eric Schneiderman has filed a lawsuit against Donald Trump and his “Trump University” for defrauding 5,000 students looking to learn about the billionaire’s brand in the business world. Students paid thousands of dollars in hopes of picking the “Trumpster’s” brain and for a chance to meet the billionaire; however, all they received was a picture with a cardboard cut-out poster.
In the lawsuit Schneiderman said, “More than 5,000 people across the country who paid Donald Trump $40 million to teach them his hard sell tactics got a hard lesson in bait-and-switch … Mr. Trump used his celebrity status and personally appeared in commercials making false promises to convince people to spend tens of thousands of dollars they couldn’t afford for lessons they never got.”
According to the ongoing investigation, students signed up for free workshops that were designed to get students to sign up for another expensive yet useless three-day, $1,500 seminar where Trump was supposed to make an appearance in person to meet the students. Those students were also pushed to sign up for a “Trump elite mentorship program” ranging from $10,000 to $35,000 a head.
The alleged fraud took place between the years of 2005 and 2011.
