More On Trump University

Some of the harshest critics of Trump University have been revealed to be former employees of the now-defunct university majority-owned by Donald Trump, the presumptive Republican US presidential candidate.

In sworn testimony, three former staff members have described the real estate school as “a facade, a total lie” and a “fraudulent scheme” that “preyed upon the elderly and uneducated to separate them from their money”.

In extracts from their evidence to a class-action lawsuit against the school, made public this week, the former staff tell the inside story of the “front-end high-pressure speaker scam” at Trump University.

Ronald Schnackenberg, who worked at Trump University’s headquarters on Wall Street between 2006 and 2007, said he felt compelled to resign because he thought the company was “engaging in misleading, fraudulent and dishonest conduct”…

Ronald Schnackenberg’s testimony.
Ronald Schnackenberg’s testimony. Photograph: Zeldes & Haeggquist LLP

Schnackenberg said the “primary goal of Trump University was not to educate students” but to “make money, as quickly and easily as possible”.

In his experience, he said, “virtually all students who purchased a Trump University seminar were dissatisfied with the program they purchased” and he was not aware of “a single consumer who paid for a Trump University seminar program [who] went on to successfully invest in real estate based upon the techniques that were taught”…

http://www.theguardian.com/us-news/2016/jun/01/trump-university-staff-testimony-fraudulent-scheme

 

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