Donald Trump: Sued By New York State For $40 Million!

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Donald Trump is being sued by New York State Attorney General Eric Schneiderman for $40 million, and not just because Celebrity Apprentice is still on the air.

Seriously, though. Gotta love NBC.

The lawsuit claims that the real estate mogul's Trump University deceives those looking to learn from the billionaire and his brand of business acumen.

Between 2005-2011, Trump University swindled consumers into paying for a spate of expensive courses that did not deliver on promises, the suit alleges.

The suit says that 5,000 students, many paying thousands, thought they would meet the Donald. Instead, they only got their photo taken with a cardboard cutout.

Schneiderman argues that Trump promised free workshops taught by his knowledgeable, hand-picked instructors who were, in fact, nothing of the sort.

The "free" workshops were really designed to BILK students to sign up for a three-day, $1,495 seminar where Trump would supposedly appear in person.

Which, the suit claims, the Donald did not do.

Those students were also pushed to sign up for a "Trump elite mentorship program" ranging from $10,000 to $35,000 a head, the suit alleges.

"More than 5,000 people across the country who paid Donald Trump $40 million to teach them his hard sell tactics got a hard lesson in bait-and-switch," Schneiderman said.

"Mr. Trump used his celebrity status and personally appeared in commercials making false promises to convince people to spend tens of thousands of dollars."

Money, he says, "they couldn't afford for lessons they never got."

Trump, through his attorney, has denied the charges.

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I wrote an article called "The Top 20 Seminar Scams" I suspect many of the techniques outlined in this article were used against the students who are claiming they were defrauded. BTW I'm a 22 year speaking / seminar industry veteran and Past President of the National Capital Area Professional Speakers Association and considered the number one whistleblower exposing the dirt in this industry.