New York Attorney General Eric Schneiderman filed a $40 million civil lawsuit against Donald Trump, The Trump Entrepreneur Initiative (formerly Trump University LLC), and Michael Sexton on August 24, 2013, alleging “persistent fraudulent, illegal and deceptive conduct.” Schneiderman …
Eric SchneidermanDonald TrumpMichael SextonTrump UniversityFraudConsumer ProtectionNew York Attorney GeneralEric Schneiderman+1 more
In June 2010, Trump University changed its name to “The Trump Entrepreneur Initiative” following sustained pressure from the New York State Education Department, which had repeatedly warned since 2005 that the organization was illegally using the term “university” without …
Donald TrumpMichael SextonJoseph FreyTrump UniversityFraudEducation FraudNew YorkRegulatory Evasion
The Better Business Bureau issued Trump University a D- rating in 2010, the lowest rating the enterprise received during its active operations. The rating resulted from multiple consumer complaints the BBB received documenting deceptive practices, high-pressure sales tactics, and unfulfilled …
Donald TrumpMichael SextonTrump UniversityFraudConsumer ProtectionBetter Business BureauEducation Fraud
Donald Trump formally launched “Trump University” on May 23, 2005, a real estate training program that operated without proper academic licensing or accreditation. The enterprise, incorporated in 2004 with Trump owning 93% of the company, conducted three- and five-day seminars marketed …
Donald TrumpMichael SextonTrump UniversityFraudConsumer ProtectionEducation FraudBusiness Ethics