October 30, 2018

Major federal lawsiut against alleged scams by Trump family

Alternet -A new federal lawsuit charges that President Donald Trump, his company, and his three eldest children—Don Jr., Ivanka, and Eric—deliberately defrauded working-class Americans by convincing them to invest hundreds or thousands of dollars in sham business opportunities and training programs.

As the New York Times reports, the 160-page complaint filed in the U.S. District Court for the Southern District of New York depicts the Trump Organization—the primary holding company for the president's vast network of businesses—"as a racketeering enterprise that defrauded thousands of people for years as the president turned from construction to licensing his name for profit."

"For more than a decade," the complaint alleges, the president and his children named in the case "have operated a large and complex enterprise with a singular goal: to enrich themselves by systemically defrauding economically marginalized people looking to invest in their educations, start their own businesses, and pursue the American dream."

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