NY AG: Trump Made $5 Million On ‘University’ Scam
Former students at the now-defunct “Trump University” are coming forward and they’re not happy.
When 75-year-old Robert Guillo hears candidate Donald Trump speak for “the silent majority” and promise to “put people back to work,” he has to laugh.
Guillo is one of hundreds of former “students” of the now-defunct Trump University; an entity the New York attorney general says was a grand scam that put $5 million in Trump’s pocket.
“As soon as I attended the first workshop, I knew I had been scammed,” Guillo said. “Every single workshop, they charged you another amount. Everything was to get you to spend more and more and more.”
…according to lawsuits filed in New York and California, “students” got repeat come-ons to run up credit card debt to buy increasingly expensive mentorships topping out at nearly $35,000 per person.
Students were even advised to fudge their income to persuade credit card companies to increase their credit limits, the lawsuits charge.
An internal Trump U. document titled “surefire script to more purchasing power” suggested deliberately inflating actual income by adding in “projected income” from businesses that did not yet exist.