Wednesday, June 29, 2016

Couldn't even steal without stealing


One other scam run by some real frauds with Donald Trump's name on it was the Trump Institute. It was not only a scam but it was run by a couple on the run and used plagiarized materials to boot.
As with Trump University, the Trump Institute promised falsely that its teachers would be handpicked by Mr. Trump. Mr. Trump did little, interviews show, besides appear in an infomercial — one that promised customers access to his vast accumulated knowledge. “I put all of my concepts that have worked so well for me, new and old, into our seminar,” he said in the 2005 video, adding, “I’m teaching what I’ve learned.”

Reality fell far short. In fact, the institute was run by a couple who had run afoul of regulators in dozens of states and been dogged by accusations of deceptive business practices and fraud for decades. Similar complaints soon emerged about the Trump Institute.

Yet there was an even more fundamental deceit to the business, unreported until now: Extensive portions of the materials that students received after forking over their seminar fees, supposedly containing Mr. Trump’s special wisdom, had been plagiarized from an obscure real estate manual published a decade earlier.

Together, the exaggerated claims about his own role, the checkered pasts of the people with whom he went into business and the theft of intellectual property at the venture’s heart all illustrate the fiction underpinning so many of Mr. Trump’s licensing businesses: Putting his name on products and services — and collecting fees — was often where his actual involvement began and ended.

“That Trump Institute, what criminals they are,” said Carol Minto of West Haven, Conn., a retired court reporter who attended one seminar in 2009 and agreed to spend $1,997.94 to attend another before having second thoughts. She wound up requiring the help of two states’ attorneys general in getting a refund. “They wanted to steal my money,” she said.

The institute was another example of the Trump brand’s being accused of luring vulnerable customers with false promises of profit and success. Others, besides Trump University, include multilevel marketing ventures that sold vitamins and telecommunications services, and a vanity publisher that faced hundreds of consumer complaints.
A fake, a liar and a gold plated whore is there no end to the many sides of Doanld Trump?

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