BREAKING: New York Court Gives Trump Devastating News – This Could Ruin Everything
It looks like Donald Trump will continue to suffer from the ongoing legal headache that is Trump University. A fraud claim that has been filed against Trump and his now-defunct Trump University will proceed legally as mandated by a New York state appeals court. That came down yesterday. This decision comes just days after Trump defended his for-profit venture on Fox News. He is accused of scamming students who signed up for his virtual university. He then failed to deliver on promises made to them. “Today’s decision is a clear victory in our effort to hold Donald Trump and Trump University accountable for defrauding thousands of students,” New York Attorney General Eric Schneiderman said in a statement. The liberals would just love to nail Trump on this one. I don’t know much about it, but it doesn’t look good.
From Occupy Democrats:
A New York Appeals Court has unanimously given the go-ahead to Attorney General Eric Schneiderman to begin prosecuting Donald Trump and his cronies for the elaborate scamthat was “Trump University.” Facing multiple lawsuits from the students he cheated thousands out of, Trump may have to take time off from “campaigning” to appear as a witness in court about the time he set up a scam masquerading as an educational program to defraud 5,000 would-be entrepreneurs and aspiring businessmen out of their hard-earned money. The State of New York isn’t buying Trump’s argument that the statute of limitations has expired, and is intent on punishing Trump for his “deceptive and unlawful practices.”
In keeping with the flagrant narcissism which defines Trump and his “businesses,” it would that Trump attempted to start his own “university” where he would teach students his “investing techniques” and how to get “rich” like him. It is unclear if any of those lessons involved “getting a small loan of a million dollars from your father” – or whether they let the students know that “no major US company has filed for Chapter 11 more than Trump’s casino empire in the last 30 years.”
Indeed, “students” at Trump “University” learned the hard way about how Donald evidently made his fortune- by misrepresentation, extortion, and illegal business practices. UTrump launched in 2005 as an online course; it did not confer degrees or had any certifications and was forced to change its name in 2010 to the the Trump Entrepreneur Initiative because the State of New York found that it was misleading and almost illegal for the scam to call itself a college.
This case is one of three against Trump and the school. The state Supreme Court had already granted the attorney general’s request for a summary judgment determining that Trump and his university are liable for operating illegally in New York. Tuesday’s judgment means the state’s entire fraud case can move forward. “My job is to see that perpetrators of fraud are brought to justice,” Schneiderman said. “We look forward to demonstrating in a court of law that Donald Trump and his sham for-profit college defrauded more than 5,000 consumers out of millions of dollars.” Students were charged as much as $35,000 for tuition and were promised that with the weight of the Trump name behind them, they would make a killing in real estate. What students got instead were generic hotel seminars and field trips to sketchy neighborhoods where they were shown dilapidated buildings, but were never told how they could legitimately make money off them. Trump University made $40 million in revenue between 2005 and 2011. Trump defended himself on “Fox News Sunday,” telling host Chris Wallace that “98 percent” of the people who took Trump University courses “thought they were terrific.” He added that he could have settled the lawsuit a long time ago, but chose not to. “I’m going to win the case in court, because I do that. I win cases in court,” Trump said. I’ll guess we’ll see. Will this make any difference to his devoted following? I doubt it.
Terresa Monroe-Hamilton is an editor and writer for Right Wing News. She owns and blogs at NoisyRoom.net. She is a Constitutional Conservative and NoisyRoom focuses on political and national issues of interest to the American public. Terresa is the editor at Trevor Loudon's site, New Zeal - trevorloudon.com. She also does research at KeyWiki.org. You can email Terresa here. NoisyRoom can be found on Facebook and on Twitter.