The President's Wealth
Trump University
+ Discontinued
Trump University
Learn the secrets of real estate from the master. Accreditation: none. Refunds: eventually.
Trump University operated from 2005 to 2011, offering seminars and programmes in real estate investing at prices up to $35,000. It was not an accredited institution, could not grant degrees, and was ordered by the state of New York to stop calling itself a university.
Former students filed multiple class action lawsuits alleging they were misled about the quality of the instruction and the credentials of the instructors. The New York Attorney General pursued a separate fraud case. In November 2016, weeks after Trump was elected president, his team settled the lawsuits for $25 million without admitting wrongdoing.
Trump had previously said he would never settle, calling the lawsuit politically motivated. He settled.
Former students filed multiple class action lawsuits alleging they were misled about the quality of the instruction and the credentials of the instructors. The New York Attorney General pursued a separate fraud case. In November 2016, weeks after Trump was elected president, his team settled the lawsuits for $25 million without admitting wrongdoing.
Trump had previously said he would never settle, calling the lawsuit politically motivated. He settled.
""I'll be watching over the programme personally.""
-- Trump, Trump University promotional video, 2005
★ For the record
The New York Attorney General found that Trump University instructors were largely recruited from a local job fair and given a 3-day training course. The real estate secrets were in a binder.
Refund Policy
$25M settlement distributed to former students. Trump did not admit wrongdoing.
$35,000.00
Historical price -- product discontinued
This one didn't make it. Many didn't.
Status
Shut Down 2011 / Settled 2016
Launched
2005 -- closed 2011
Made In
USA (New York)
Sold By
Trump University LLC
Revenue
Generated $40M+ in fees. Settled fraud lawsuits for $25M in 2016.
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