g5000
Diamond Member
- Nov 26, 2011
- 125,228
- 68,939
Plaintiffs and Class Members who attended Trump University’s real estate investing classes, were promised a “complete real estate education,” a “one year apprenticeship,” a one-on-one mentorship, practical and fail-safe real estate techniques, a “power team” consisting of real estate agents, lenders, personal finance managers, property managers and contractors, and were assured that although the Seminars were costly, they would make the money back in their first real estate deal, and could make up to tens of thousands of dollars per month or more. Plaintiffs and Class Members did not receive what they bargained for.
Instead of a complete real estate education, students merely received an “infomercial” pushing additional Seminars or workshops they were told they would need to take to succeed. The “one year apprenticeship” they were promised was actually just a threeday seminar; the one-on-one year-long mentorship consisted of no practical insights and no mentorship, but rather excursions to Home Depot and “mentors” who either recommend real estate deals that they stood to benefit from financially, raising a conflict of interest, or who quickly disappeared and failed to return calls.
http://www.trumpuniversitylitigation.com/Content/Documents/Makaeff Complaint.pdf
Instead of a complete real estate education, students merely received an “infomercial” pushing additional Seminars or workshops they were told they would need to take to succeed. The “one year apprenticeship” they were promised was actually just a threeday seminar; the one-on-one year-long mentorship consisted of no practical insights and no mentorship, but rather excursions to Home Depot and “mentors” who either recommend real estate deals that they stood to benefit from financially, raising a conflict of interest, or who quickly disappeared and failed to return calls.
http://www.trumpuniversitylitigation.com/Content/Documents/Makaeff Complaint.pdf