New lawsuit: 45 ands his spawn defrauded thousands of investors in mid-level marketing ploy

[Tanuki]

https://www.cnbc.com/2018/10/29/trump-accused-in-lawsuit-of-conning-thousands-of-americans.html?recirc=taboolainternal
"A federal lawsuit filed Monday accused President Donald Trump, three of his children and their company of "deliberately" defrauding and conning "thousands" of working-class Americans by touting a multilevel marketing company as a great investment opportunity when in reality it was anything but that.
Trump, his children and their company "received millions of dollars in secret payments" from the videophone company, ACN, in exchange for Trump promoting the firm to potential investors without his disclosing the endorsement was paid for.
.....
"He did so, court papers allege, by pushing the message that they would have a reasonable probability of success if they bought into the investments, that Trump was promoting them because of that decent chance of success, and that he had researched the businesses before making his endorsement.

"The Message was materially false," the suit says.
"Defendants were aware that the vast majority of consumers would lose whatever money they invested in the business opportunities and training programs the Endorsed Entities offered."

"The Trumps conned each of these victims into giving up hundreds or thousands of dollars — losses that many experienced as devastating and life-altering," the suit claims."...(more at link)

[nycbos]

1. I'm SHOCKED SHOCKED to find gambling going on here.

[peekaloo]

2. From Trump U. to Phuque U

Who's dumb enough to invest in his ventures?

Rhetorical.

and they will still vote for him.

[smirkymonkey]

3. K&R

[Achilleaze]

4. republican family & business values suck cesspool scum

And republicans like to pretend to themselves that they are "morally superior" Hah - what a lying crock of shit.

[Rizen]

5. So,

how many lawsuits does Trump have against him now?

[awesomerwb1]

6. I have a friend who was in that ACN company

they sell/sold services like DirectTV etc. if I remember correctly. When she tried to sign me up she said that trump was involved, that was her big selling point as far as the business being legit and a great opportunity.

Saw her about a year later and when I asked how the biz was doing she acted like she didn't want to really talk about it too much. I asked if trump was still involved and she just changed the subject.

I don't think this is a big deal. Maybe similar to the trump university deal?

[Gothmog]

7. trump is a grifter

[Scurrilous]

8. K&R