LAWSUIT/TRUMP BUSINESS: “President Donald Trump was accused in a lawsuit Monday [10-29-18] of misleading salespeople who lost money in a multi-level marketing company that he endorsed in speeches and on ‘The Celebrity Apprentice.’ The suit filed in Manhattan federal court alleged Trump received millions of dollars in exchange for reassuring potential salespeople for telephone company ACN there was little risk if they paid fees and incurred other expenses to start selling its phone service to others. The suit said Trump falsely reassured them he had done extensive due-diligence on the company and all was well, though he knew all along they had little chance of recouping their fees. The suit filed by four salespeople alleged Trump violated federal anti-racketeering law and is seeking class-action status. The suit said Trump made his millions by ‘systematically defrauding economically and marginalized people looking to invest in their educations, start their own small businesses, and pursue the American Dream.'”
–The Associated Press, “Lawsuit: Trump Misled Investors in Money-Losing Company,” The New York Times online, October 29, 2018