Donald Trump hits back at 'school scam' lawsuit

Donald Trump file picture February 2013

Related Stories

US property tycoon Donald Trump has hit back at claims in a lawsuit filed by New York state that he misled students who enrolled at his investment school.

Mr Trump said he would not settle the $40m (£26m) case "on principle", in phone interviews with ABC and NBC News.

On Saturday, New York Attorney General Eric Schneiderman said Trump University had no licence and had claimed to pass on the mogul's investment strategies.

More than 5,000 people are said to have paid over $40m to take the courses.

On Monday's US breakfast shows, Mr Trump said he had personally reviewed applications for instructors at Trump University, denying claims that he was minimally involved.

'Political hack'

"We have a terrific school," Mr Trump told ABC's Good Morning America. "It's done a fantastic job. We have a 98% approval rating among students."

He also called Mr Schneiderman a "political hack looking to get publicity". In tweets, the mogul accused the state's top prosecutor of trying to extort money from him.

Mr Schneiderman said Mr Trump never met with students, nor did he pick a single instructor for the seminars.

But the real estate investor and reality television figure denied this.

"I was totally involved to a very high degree," Mr Trump said. "I told people what to do, and if they had listened to me, it would have made a lot of money."

In 2011, the school changed its name to Trump Entrepreneur Initiative, but it has attracted complaints and some civil lawsuits from people who said it did not deliver what was promised to participants.

On Saturday, the attorney general said: "No-one, no matter how rich or popular they are, has a right to scam hard-working New Yorkers."

Prosecutors said that between 2005-11 the school charged students for courses that promised to make them rich, but were largely ineffective.

More on This Story

Related Stories

More US & Canada stories

RSS

Features & Analysis

  • SyedTanks instead of toys

    Lyse Doucet on the plight of children in Syria and Gaza


  • Silhouette of manSuper-shy

    Why do Germany's super-rich so often keep their heads down?


  • Children playing in Seoul fountainDay in pictures

    The best news photos from around the world in the past 24 hours


  • Gin drinkerMother's ruin

    The time when gin was full of sulphuric acid and turpentine


Elsewhere on the BBC

  • EscaladeBling's the thing

    The ostentatious Cadillac Escalade cruises into 2015 with fuel-gulping gusto

Programmes

  • The smartphones of shoppers being tracked in a storeClick Watch

    How free wi-fi can enable businesses to track our movements and learn more about us

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.