Trump under oath: His ‘university’ promises crumble, ‘scam’ revealed
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As more depositions are taken in the case of Trump University, it becomes more and more clear that it was a scam.
We’re going to have professors and adjunct professors that are absolutely terrific people, terrific brains, successful. We are going to have the best of the best… and these are people that are handpicked by me.”
But a CNN investigation finds that Trump and others involved in the school admitted under oath that some promises made to students just didn’t happen.
In Trump’s own deposition this past December, Trump failed to recognize the name of a single presenter or teacher at his real estate seminars. He also confirmed he had nothing to do with the selection process of instructors who taught at the school’s events or mentors for the school’s “Gold Elite” programs…
Trump University brought in an estimated $40 million from up to 10,000 enrollees between 2005 and 2010, when the New York Department of Education said it was no longer allowed to call itself a university. The company changed its name to the Trump Entrepreneur Initiative and shut down in 2011..
As the lawsuits move forward, so do the depositions. And it is in deposition, under oath, where the truth has emerged behind Trump’s university, his lack of involvement in the school’s curriculum and his lack of knowledge about who was hired to teach what was advertised as “Trump’s Secrets” to real estate success.
The depositions were given by Trump and his former president of Trump University, businessman Michael Sexton. Sexton came up with the idea in 2004 to put Donald Trump’s brand on a real estate education seminar that was initially just online…
New York’s Attorney General Eric Schneiderman, who is leading one of three lawsuits against Donald Trump and the defunct university, told CNN that Trump University was a “scam.”
Schneiderman points to promotional videos made by Donald Trump in which Trump promises an education taught by his personal handpicked experts to teach Trump’s exclusive methods for making money in real estate. Schneiderman insists Trump and Sexton contradict those claims when they are under oath.
“There wasn’t one part of his pitch that was actually true,” Schneiderman told CNN.
In a recently released deposition taken on July 25, 2012, Sexton, stated under oath: “None of our instructors at the live events were handpicked by Donald Trump.”
Asked by attorneys if anyone at the Trump Organization was involved in the curriculum for the three-day real estate workshops, Sexton answered, “No.”
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