 |
|
"A Massive Scam"
Posted on: August 30, 2022 at 19:44:03 CT
raskolnikov MU
Posts:
186299
Member For:
24.14 yrs
Level:
User
M.O.B. Votes:
0
Trump University (also known as the Trump Wealth Institute and Trump Entrepreneur Initiative LLC) was an American company that ran a real estate training program from 2005 until 2010. It was owned and operated by The Trump Organization. A separate organization, Trump Institute, was licensed by Trump University but not owned by The Trump Organization. In 2011, amid multiple investigations, lawsuits and student complaints, it ceased operations.[2] It was founded by Donald Trump and his associates, Michael Sexton and Jonathan Spitalny, in 2004. The company offered courses in real estate, asset management, entrepreneurship, and wealth creation.[3]
Despite its name, the organization was not an accredited university or college. It conducted three- and five-day seminars (often labeled "retreats") and used high-pressure tactics to sell these to its customers.[4] It did not confer college credit, grant degrees, or grade its students.[5] In 2011, the company became the subject of an inquiry by the New York Attorney General's office for illegal business practices which resulted in a lawsuit filed in August 2013.[6] An article in the National Review described the organization as a "massive scam".[7]
Despite its name, the organization was not an accredited university or college. It conducted three- and five-day seminars (often labeled "retreats") and used high-pressure tactics to sell these to its customers.[4] It did not confer college credit, grant degrees, or grade its students.[5] In 2011, the company became the subject of an inquiry by the New York Attorney General's office for illegal business practices which resulted in a lawsuit filed in August 2013.[6] An article in the National Review described the organization as a "massive scam".[7]
Please explain why this message is being reported.
MESSAGE THREAD
- 
"A Massive Scam" - raskolnikov MU - 8/30 19:44:03