Trump claimed "that he started Trump University as a charitable venture.” pocketed $5 million

[Liberal_in_LA]

The records indicate,” Brill wrote, “... that Trump University collected approximately $40 million from its students — who included veterans, retired police officers and teachers — and that Trump personally received approximately $5 million of it, despite his claim, repeated in our interview, that he started Trump University as a charitable venture.”

A sales pitch by Trump University “lecturer” James Harris, distributed by Trump University executives, said Trump “only wants to leave a legacy.”

Brill continued: “Trump, too, told me that ‘all money that I made was going to go to charity.’ His marketing mailings similarly promised that he was launching the program as a way of ‘leaving a legacy.’ ... Trump explained that to me by saying that he had planned to make the charitable donations from his personal accounts, but that because the university had had to shut down and was still paying legal expenses, those donations ‘never happened.’ According to Trump lawyer Alan Garten, Trump returned the money to the university from his personal funds once the legal troubles started.”

Trump portrayed himself as an altruist when he rolled out Trump University in 2005, saying it was about his “legacy as an educator” and “access for all” and his desire to “set an example for others to follow.” A legal complaint against him in New York charges that Trump University claimed it was “solely for philanthropic purposes” and that speakers said students’ payments would not go to Trump.

It will be up to the courts to decide whether Trump University was fraudulent, but the failure to make good on the philanthropic claims of Trump University is, at the very least, unseemly. The documents in the fraud case against Trump, released in response to the Post’s request, make the whole enterprise look tawdry.

http://www.heraldcourier.com/opinion/trump-s-philanthropy-fell-short-of-promises/article_7786754f-ad06-50e5-8f62-32cb8a0444e3.html?mode=jqm

[Gothmog]

1. Trump is a con man

[Actorvist]

2. ponzi schemes and multi-level Primerica-style marketing

is as charitable as Hitler was peaceful.

[joeybee12]

3. I burst out laughing when I read that..

Thing is, his followers will believe him.

[harrose]

4. He should be thrown in prison for this scheme...

... I'd love to see him run for President while serving a sentence of life without parole.

[KelleyKramer]

5. Yeah, and he thought he was going to keep that Vet money too

For someone who has been a con man his whole life, he sure does suck at it.

A con artist and a loser!


.

[TeamPooka]

6. See? That Mexican judge was clearly out to get him 11 years ago.

[Javaman]

7. the trump school of grifting. nt