Trump Persuaded Struggling People to Invest in Scams, Lawsuit Says

[*Nately120*]

(10-31-2018, 11:02 AM)Au165 Wrote: What is interesting to me is that, if one could prove that he received far more than the 1 million he claimed he was given to start his business does him selling that lie amount to fraud? He used a false narrative to dupe investors into believing in his "system" and in his general business acumen and therefor trusting him. If he lied about the results of said system in the advertising one would think it would fall under false advertising at the least. Would be interesting if this suit would be able to subpoena more of his financial records using this angle. My guess is he would settle before allowing that information to get out though.

It is a little cynical to think there isn't much difference between a guy like Trump pretending to be a self-made gazillionaire in order to get people to make lousy investments that don't pay off and a Nigerian on a 20 year old PC pretending to be a prince in order to get people to make lousy investments that don't pay off.

In both cases, it's buyer beware and god help us Americans who are just a little too greedy and a little too naive to stop falling for this stuff. Trump is the infomercial president and we the people were sitting up at 2am flipping through channels just waiting to be given an offer that was too good to be true. So it goes.