More Trump Mexico Malfeasance: "Baja venture leaves buyers high and dry"

[SaintLouisBlues]

From the memory hole. Trump has since settled a lawsuit relating to this fiasco.



http://articles.latimes.com/2009/mar/07/business/fi-trump7



Stephen and Linda Drake cast aside concerns about owning property in Mexico because they believed in Donald Trump.

The Southern California couple made a $250,000 down payment on a 19th-floor oceanfront condo in Trump Ocean Resort Baja in 2006 before the first construction crew arrived.

But admiration for the celebrity developer and star of "The Apprentice" has now turned into anger and disbelief as Trump's luxury hotel-condo plan collapsed, leaving little more than a hole in the ground and investors out of their deposits, which totaled $32.2 million.

"I can't even stand to see Trump's face on TV," said Linda Drake, a psychologist whose husband is a commercial airline pilot and financial advisor."

[Erich Bloodaxe BSN]

1. 'because they believed in Donald Trump'.

Big old mistake right there. Same one waiting to hit anyone foolish enough to back him for President.

[spanone]

8. all that education for naught

'a psychologist whose husband is a commercial airline pilot and financial advisor'

[CanonRay]

10. I'll bet Trump made a small fortune off it

before it went belly up. That's his style, make a bundle, declare bankruptcy and split.

[elehhhhna]

11. yep he's been stiffing his subs for 40 years

[virtualobserver]

2. the Trump take-down has begun

He will go down baring his fangs with claws out.

[malthaussen]

3. I normally hate to blame the victim...

... but anyone who takes Donald Trump seriously deserves what he doesn't get.

-- Mal

[tularetom]

4. I'm glad you said that

I didn't want to be the first one to pile on these poor suck- er, people.

[No Vested Interest]

5. And the husband, Stephen Drake, is a financial advisor?

Thanks but no thanks.
I would never take his advice, especially not PAY to get his advice.

[hifiguy]

6. That bozo has

battalions of skeletons in his closet. Possibly entire armies.

[olddots]

7. they named a street after Donald

DEAD END. humans seem to celebrate ignorance , greed and egotism and it will be our undoing .

[hollysmom]

9. here is their web site

http://www.condohotelcompany.com/trumpbaja/location.html
they didn't even bother to take it down. Sounds like Florida all over again

[Suburban Warrior]

12. Some one's doing the raping!

[Frustratedlady]

13. He's a dang con from the get-go. He should be in prison, rather than bankruptcy court.

Which con job is he filing bankruptcy for? This one or another? He has had as many bankruptcy cases as he has ex-wives.

I can just imagine the disgust when they hear Trump brag about how rich he is. Why is he rich? Loop holes?

Something is wrong for this to happen and the question is...how many times has he played these games?

I'll bet those who have been conned would like to grab Trump by those blonde "wings" he has for hair and swirl him in the air a few times. What a jerk.

[Initech]

14. Donald Trump is a textbook snake oil salesman.

He's the classic example of a GOP vulture capitalist - finding easy targets, bilking them out of their money, and screwing them over to keep that money. He's their perfect candidate.