Trump Pays $25 Million Over Phony University

On Friday, President-elect and litigious career con man Donald J. Trump, who prides himself on never settling lawsuits, agreed to a $25 million settlement over his fraudulent “Trump University.” You may not have noticed because Mr. Trump spent the weekend distracting the media with his theater criticism.

Donald Trump’s unlicensed “university” was a bait-and-switch scheme, offering free courses that were sales pitches for $1,000 courses, which were in turn sales pitches for $10,000 and $35,000 courses. It’s a wonder the President-elect wasn’t sued by the Church of Scientology for stealing its business model.

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New York Sues Trump Over Bogus ‘University’

New York State Attorney General Eric Schneiderman is suing Donald Trump for $40 Million for running a fraudulent “University.” The 5,000 students, who paid up to $35,000 each, should have known the deal was a fraud, since there was a warning label. It said “Trump” right on it.

Donald Trump Cancels GOP Reality Show

Donald Trump, celebrity casino owner, beauty pagent producer, reality TV star, and part-time wanna-be politician, canceled his upcoming Las Vegas extravaganza, a GOP presidential debate starring not one but two candidates (not counting himself). Of all the dubious contenders for the Republican nomination, only Newt Gingrich and Rick Santorum signed on.

Rather than staging a two-contestant reality show, The Donald (all together now) fired himself, cancelling the production. He says he did it so he can run for president himself. We think he did it so the television audience wouldn’t learn the answer to that age-old question,”What if Donald Trump threw a party and nobody came?”

On second thought, The Donald could have augmented the debate panel with his other celebrity chums. Certainly Charlie Sheen, Paula Abdul, or Paris Hilton can match the political wisdom of Mr. Trump and the moral integrity of Mr. Gingrich.

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Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

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