By Maggie Haberman and Benjamin Weiser
A new lawsuit
accuses President Trump, his company and three of his children of using
the Trump name to entice vulnerable people to invest in sham business
opportunities.
Filed in federal court
in Manhattan on Monday, the lawsuit comes just days before the midterm
elections, raising questions about whether its timing is politically
motivated. It is being underwritten by a nonprofit whose chairman has
been a donor to Democratic candidates.
The
allegations take aim at the heart of Mr. Trump’s personal narrative
that he is a successful deal-maker who built a durable business,
charging he and his family lent their name to a series of scams.
The
160-page complaint alleges that Mr. Trump and his family received
secret payments from three business entities in exchange for promoting
them as legitimate opportunities, when in reality they were
get-rich-quick schemes that harmed investors, many of whom were
unsophisticated and struggling financially.
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Source: The New York Times
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