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.
Yes, he is pro-abortion, read post 27, and watch him on video.
People change, Ansel. We should be glad of that fact.
Trump is now pro-life.
Trump didn’t change at age 65 in 2011, just as he was getting ready to run as a republican in the 2012 presidential race.
He is on video from January of this year giving his pro-abortion position.
So you can quit trying to sell a lie.
Diane Feistein’s husband has been profiting for years from her inside info. Puts Trump’s profits to shame. Any Republican would be in prison for what Feinstein’s gotten away with.
Whatever Trump has done, he has played by the Laws that the Government has imposed upon him and every Business person.
He claimed Bankruptcy three times, so was it against the Law to do so? I don’t think he ever claimed Personal Bankruptcy in any of those instances.
I assume the Bankruptcies were tied to Corporations under the Umbrella of Trump Enterprises. Again, it was perfectly Legal to do so and Trump and his Staff made the decision to utilize the Laws that were in place.
I am not defending the Morality of those decisions, but I don’t know enough about them to make that call. Like they say, Business is Business.
You’re the liar.
Women having abortions? “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.
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”
https://www.youtube.com/watch?v=MzGrSYWAkxg
Nick, wealthy people become involved in a number of enterprises. They lend their names to enterprises and sometimes do little else associated with the program.
This may or may not mean he’s trying to rip people off. I don’t know that he was. Perhaps you do.
If you’re talking about the Apprentice, it is not a Kardashian style reality show.
Who in the sam hell is Perez Hilton?
You seem to know way too much about some of this stuff.
I don’t watch trash TV.
But you would vote for a trash TV candidate?
Name one and I’ll respond on point.
We’re not discussing one now.
Intentionally or not, you have missed the point. I mean, just WHIFFED on it totally.
Totally. I don’t disagree with anything you’ve said, but you still don’t understand my point.
Who cares what Trump’s net worth is? It is a lot higher than all the other candidates. Seems net worth is all the rage in this election, so Trump wins.
Good, that means Hitlary will have to disclose her Zillion$ of wealth. Obtained by theft from the American taxpayers.
So, that means he does or doesn't have to disclose his net worth?
It means that he is pro-abortion.
Did somebody ask the question?
This is pertinent to the topic of financial disclosure, how?
Abortion is always pertinent at freerepublic.
You support his pro-abortion position, is that it?
I’ll go back and reread both our original Posts.
If I missed your point, it was unintentional.
Some of her wealth she got from her crony Trump.
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