N.Y. Court rules to precede with Trump & Trump University fraud charges

N.Y. Court rules to precede with Trump & Trump University fraud charges

As Donald Trump’s remarkable candidacy moves along, his business ventures have received a lot more scrutiny. One that has garnered a number of headlines is Trump University. The school was intended to teach students how to profit in real estate, and charged upwards of $35,000 in tuition. When those who went through the courses did not see the returns that were promised, they decided to take legal action. A fraud claim was upheld in New York’s appeals court, allowing the case to proceed.

New York Attorney General Eric Schneiderman explained, “My job is to see that perpetrators of fraud are brought to justice. 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." Trump University generated $40 million in profits.

For his part, Trump defended the program, saying that “98% of those who took the courses thought they were terrific.” He added, “I’m going to win the case in court, because I do that. I win cases in court.”

It will be interesting to see what impact, if any, this has on the Presidential race. Trump supporters seem to be unfazed by developments such as these, but if New York’s legal team can show that Trump University was indeed a fraud, and introduce witnesses who were the victims of the program, it could damage his standing in a general election.

 

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