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Politics

Trump under new fire on real estate 'university'

Opening sequence

Opening sequence

Politics

Trump under new fire on real estate 'university'

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COMING UP:Trump under new fire on real estate 'university'

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Transcript

00:00:00
>> Thank you very much.>> Donald Trump coming under withering new fire Tuesday for his real estate training venture Trump University. Thousands of people paid up to $35,000 each for seminars to learn about the billionaires real estate strategy.>> You're allowed to run seminars, but you're not allowed to commit fraud
00:00:17
>> New York Attorney General Eric Schneiderman blasting Trump U in a TV interview.>> Students, the people who were ripped off, want their money back.>> Jeff Mason is on the story.>> So the New York Attorney General basically said that's an example of Trump having preyed on people to get their money.
00:00:33
In fact, he used an example of saying that Donald Trump encouraged the students at the school to increase their credit limits, to pay for more seminars at the school.>> And a Federal judge presiding over Trump U lawsuits, ordering the release of details on the school's practices that Trump tried to keep sealed.
00:00:53
This after he blasted Judge Gonzalo Curiel last week at a rally.>> But I have a judge who is a hater of Donald Trump.>> The documents unsealed Tuesday are the so-called playbooks for Trump U's sales agents, including urging customers who could afford it to sign up for the most expensive gold elite training option at $35,000.
00:01:15
Another document saying foreclosures are the smartest, quickest way to get rich. Trump denies any wrongdoing.>> And I'll win the Trump University case. I could settle that case.>> Trump has been very eager to paint himself as a successful business man, talks about how much money he has.
00:01:31
So people who are opposed to him will say, look, this are contrary evidence to the Claim that he is such a great businessman.>> Trump University, which closed in 2011, faces three suits in all. Two class action suits in California and a civil suit brought by Schneiderman in New York.