Founded in 2005, and now called The Trump Entrepreneur Initiative, Trump University has been charged with being a “bait and switch scheme” that bilked “more that 5,000 people to pay up to $35,000.”
Students were initially signed-up for seminars at $1,495 and then encouraged to further participate in the “$24,995 Trump Gold Elite mentorship package.”
New Your Attorney General Eric Schneiderman is pursuing a fraud suit representing 600 Trump University students. That suit is pending in New York State Supreme Court. There are also two suits in California.
Donald Trump, has called Schneiderman a “sleazebag” and “lowlife.” The New York State Ethic Commission however dropped Trump’s complaint against Schneiderman on August 30th.
I would expect Trump to have to respond to these allegations at the next debate.