New York state's attorney general said on Sunday he has filed a $40 million lawsuit against Donald Trump and his for-profit investment school, accusing them of engaging in illegal business practices.
New York Attorney General Eric Schneiderman alleged that the real estate mogul, a former executive and the Trump Entrepreneur Institute - called Trump University until 2010 - made false claims about classes at the school, including that Trump handpicked instructors.
The attorney general said from 2005 to 2011, the Trump school operated without an educational license while misleading consumers into paying for courses promising to teach Trump's real estate investment techniques.
More than 5,000 people nationally took the courses, paying $40 million, Schneiderman said.
The lawsuit is seeking restitution of at least $40 million, as well as a disgorgement of profits, penalties and an injunction, Schneiderman's office said.
A lawyer for Trump did not immediately respond to requests for comment. But after the lawsuit was first reported in The New York Times late Saturday, Trump said in a post on Twitter: "Lightweight NYS Attorney General Eric Schneiderman is trying to extort me with a civil law suit."
The tweet also linked to a website, which claims: "Trump University has a 98 percent approval rating.".....snip~
Donald Trump investment school sued by NY attorney general - Yahoo! Finance Canada
Looks like somebody is mad at Don-oowed. 2005 til 2011????? Yet no one in the Media ever went after Trump over this when he was all up in Obama's Face. Slamming Democrats and Repubs. Talking about running for the President. Just now they are finding something like this out.....when they were looking to discredit him before. Think they trying to make sure Trump don't get back up into the play of things again?
Didn't take Trump long to respond over twitter either. Do you think the NY AG got the message?