The for-profit real estate training program was founded in 2005 and ran for 5 years before being investigated for illegal business practices and defrauding its students. Amid two federal class-action lawsuits and one filed in new York state court, it was shut down in 2011.
Trump University held no accreditation, and used high-pressure sales tactics to sell seminars to its “students.” It’s Gold Elite package was priced at $35,000.
Trump settled immediately after the 2016 election for $25 million, despite having said he never would. In that suit, he blamed court decisions on the judge, claiming bias due to the judge’s Hispanic ethnicity.
Politico – Trump moves to settle Trump University cases for $25 million
USA Today – Judge finalizes $25 million Trump University settlement for students of ‘sham university’
The New Yorker – Trump University: It’s Worse Than You Think
Wikipedia – Trump University
