New York Attorney General Eric Schneiderman on Thursday took aim at
the now-defunct Trump University, which has been accused of being a
scam.
“In New York, we have laws against business fraud, we have laws
against consumer fraud,” Schneiderman said in an interview with ABC’s
George Stephanopoulos on “Good Morning America.” “We have a law against
running an illegal, unlicensed university. This never was a university.
The fraud started with the name of the organization, and you can’t just
go around saying this is the George Stephanopoulos Law Firm/Hospital/University without actually qualifying and registering, so
it was really a fraud from beginning to end.”
Trump University, an unaccredited non-profit launched by presumptive
GOP nominee Donald Trump in 2005, offered courses in real estate and
investment. Documents unsealed by a federal judge earlier
this week pertaining to a lawsuit against the venture revealed how its
salespeople were told to deliberately mislead potential customers,
manipulate their emotions and ignore their concerns about parting ways
with, in some cases, tens of thousands of dollars.
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Source: The Huffington Post
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