Donald Trump responsible for alleged fraud "school" Real Estate

AP

The real estate mogul and TV personality Donald Trump has masterfully to go about business issues and recover again. A judge in New York, but said that Trump can not get away from a real estate school that cheated thousands of people who get between $ 1.495 and $ 35,000 to their technology investment paid, Reuters reports.

New York Attorney General Eric Schneiderman has filed a lawsuit against Trump $ 40 million , claiming that "College" Trump was just a scam, which had more than 5,000 people died, according to the New York Daily News. People have paid thousands of short courses and training, but in return got a little.

"These new cases are to what we have said, on the basis along: consumers Trump University and ran a scam is nationally known for years, the sale of broken dreams and empty promises of wealth for tens of thousands of dollars it could not afford "said a spokesman for Schneiderman.

A former transit in New York told the Daily News: "Trump, so I can tell not much participation in the program have at all, apart from collecting the money, of course, the thing is a joke" ..

Some of the allegations were amazing , says Mother Jones. Deposits prosecution claim that teachers do not know everything about real estate, Trump has never filed despite suggestions that it treated positive reviews of the school, and while Trump stated that c 'was a philanthropic commitment was $ 5 million personal gain.

The university was in 2010 and reborn as Trump Entrepreneur Initiative. But whatever the name, "it is undisputed that Mr. Trump never met the licensing requirements", the Supreme Court of the State of New York Cynthia S. Kern, according to Reuters.

Trump said the demand was for political reasons , according to USA Today, that Schneiderman was angry that Trump would not give most of his campaign for the office.

Although the name Trump is inextricably linked to the organization that had tried to avoid personal liability for any outcome of the action. Decision core means it is in the hot seat. Another test to determine whether students were really disappointed.

The Donald is to avoid no stranger to the legal system, also caught in trouble. In 2011, the company Trump had broken into four separate occasions by ABC News. 1991, 1992, 2004 and 2009, or its properties or business brand personally used Chapter 11 reorganization and repay debt, as most people seem huge. As I said, he George Stephanopoulos at the time :

Leon Black of Apollo - if you today, Carl Icahn, Henry Kravis (UNINTEL) look at our big business. Everyone did the same. Use and the laws of this country, insolvency law, because we to buy a business. What do we do now. We splurged on a chapter. We will negotiate with the banks. We will make a fantastic deal. Let's use them. But they were never personal. It's nothing personal. You know, it's like an apprentice. It is not personal. It's just business.

But as a former Labor Secretary Robert Reich pointed out in the living room when companies file for bankruptcy, there is often a strong influence on many people . "Last week, Trump Plaza and Trump Taj Mahal folded declared bankruptcy, leaving about 1,000 employees out of work," wrote Reich.

Hey, at least it's not like he arrest the University provide ... sorry ... Institute alleged offenses that may be in school more difficult in the context of the judicial system.