Posted on 07/04/2015 10:02:46 AM PDT by nickcarraway
Donald Trump has to put his mouth where his money is.
The Republican presidential candidate will have to answer questions under oath about his net worth - and about how much money he raked in from his now-defunct Trump University, a California federal court judge ruled this week.
Lawyers for The Donald had contended he didn't have to answer questions in a civil racketeering lawsuit about how much money he made from the "school" because he'd already acknowledged under oath that he had "significant involvement with both the operations and overall business strategy of Trump University."
In a ruling Tuesday, San Diego Federal Court Judge Gonzalo Curiel disagreed.
“Plaintiff argues that a showing that Trump invested millions of dollars in a fraudulent scheme and took millions more in profits from the scheme is relevant to Trump's motive or intent to defraud,” the judge wrote.
Therefore, “financial evidence showing Trump's motive is relevant and discoverable.”
A magistrate judge had ruled earlier in the case that Trump didn't have to answer questions about his net worth because that information was Google-able - a decision Curiel overruled.
“Publicly available figures of Trump's wealth have been the subject of wild speculation and range anywhere from $4 to $9 billion. Simply stated, plaintiffs are entitled to answers made under penalty of perjury,” the judge found.
He ordered Trump and his lawyers to answer the financial questions brought by plaintiff Art Cohen's lawyers.
Trump lawyer Jeffrey Goldman told the Daily News “we strongly disagree with the judge’s ruling,” but that the real estate baron would be deposed before Aug. 10.
Cohen's class-action suit contends he and thousands of others fell prey to a “fraudulent scheme nationwide to sell real estate seminars” by Trump.
The victims were “misled” into believing “they would learn Donald Trump's real estate secrets through him and his handpicked professors at his elite 'University.' The misleading nature of the enterprise is embodied by its very name" because it delivered “neither Donald Trump nor a University,” the suit said. Cohen said he was duped out of $36,000.
Trump denies the school was a scam. In court papers, his lawyers said Cohen “enjoyed and gained a benefit from Trump University's programs, and represented that he was pleased with Trump University's programs.”
Goldman said that in Cohen’s deposition, he said he thought the program “was well worth his money” before he heard about legal actions against the school.
In October, Trump said he still believes he’ll beat the $40 million New York action.
“As soon as this case is over, we will consider re-opening the school to all our students and hire back the teachers and others, thereby creating lots of jobs for New York,” Trump said then.
At his presidential announcement last month, Trump said his net worth was over $9 billion, but some financial experts have questioned that figure. Forbes estimated his net worth to be $4 billion.
Seems like he’s been doing the same things that private liberal arts schools have done for decades
And, he's in San Diego CA ruling on a case in New York where the subject transaction took place.
I'm not saying the suit is without merit. But I am saying some of the facts surrounding it are interesting.
I remember this when it was going on real-time. It was always ‘investors’ trying to strike it rich. Trump deserves CREDIT - he taught most of them lessons they will never forget.
Trump is even more pro-abortion than Rand Paul.
If that still means anything, to anyone here.
He said he is a pro-life convert in 2011.
But, he’s not been a politician.
His story:
One thing about me, I’m a very honorable guy. I’m pro-life, but I changed my view a number of years ago. One of the reasons I changed — one of the primary reasons — a friend of mine’s wife was pregnant, in this case married. She was pregnant and he didn’t really want the baby. And he was telling me the story. He was crying as he was telling me the story. He ends up having the baby and the baby is the apple of his eye. It’s the greatest thing that’s ever happened to him. And you know here’s a baby that wasn’t going to be let into life. And I heard this, and some other stories, and I am pro-life.
Wonderful!
Thank you so much, dearest xzins!
I knew that you would defend him.
Do you believe that at age 65, as he was preparing his run for the presidency as a republican in the 2012 election, after preparing as a pro-abortion Independent candidate for the 2000 election, and having been a pro-abortion democrat from 2001-2009, that Trump truly and mysteriously switched to pro-life, as he was preparing to declare as a GOP candidate in 2011?
Abortion? “it depends when, it depends when”
In this 105 second video you see him using that line of his that you chose to quote, to sell him as pro-life, but then you hear that he is actually in disagreement with the GOP pro-life platform on rape and incest, and says that “it depends when” a woman wants to have an abortion, on whether he is against it.
https://www.youtube.com/watch?v=MzGrSYWAkxg
See post 27, besides, you aren’t pro-life yourself are you?
He’s a new convert, and I don’t expect him to have his doctrine right any more than I do of a new convert to Christianity.
I suspect, as someone who has made the journey myself from rape/incest/life of mother to life at conception over about 2 decades — I suspect he was thinking that a procedure the day after or week after a violent rape was different than one farther down the road.
But, I already know it’s a waste of time discussing such things with you. Go find another mark. I’m not playing this time.
So I show you video of him saying that he supports abortion, “it depends when”, and you defend him and attack me.
In defending another pro-choice candidate, you again stated an untruth.
Trump was asked about a woman being pregnant, and not from rape or incest, and Trump answered that it depends on how far along the baby is.
“It depends when”
“So say a woman is pregnant, and it is not in any of those exception categories, and she chooses to have an abortion “”it depends when, it depends when”
By the way, a “new convert” and you don’t expect him to have the language to say that he is against abortion?
He supposedly switched his abortion position 4 years ago, while making his second preparation for a presidential run, and 4 years later he is running for president.
You defend him by saying that he just doesn’t have the language yet to answer question number one for republican candidates?
Find another mark, ansel. I’m not playing gotcha with you tonight. Got other things to do. In fact, I’m already certain that you wouldn’t understand the conversation if it happened, so there’s also no point in going there.
FOAD, troll.
I don’t know why you have to personalize it so, or get angry.
Trump is a candidate, and is pro-choice, that is information that is supposed to be posted here.
He's been involved in at least two Multi-Level Marketing scams. Ones that went belly up really quickly.
He's on a Kardashian-style reality TV show. What could sully someone's name more than that. He's friends with Perez Hilton and put him in charge of judging his beauty pageant. Decency?
Lol. You really believe that. So the problems in academia is an excuse for Trump to do a scam? Since when do two wrongs make a right? So a murderer can "counter," "ISIS is killing 100s of people.
Trump said “Latinos love him,” so it shouldn’t be a problem.
So, I guess Obama deserves CREDIT - he taught most of us lessons we will never forget.
No, he isn’t pro-choice. Look at www.wikipedia.com.
Trump is pro-life.
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