The trump family is an international crime syndicate

Fogdog

Fogdog

Well-Known Member
Zellmet said:
Indeed, here's the last 'word' on his tweet attacking Obama in 2012...

"The phoney electoral college made a laughing stock out of our nation. The loser one[sic]!— Donald J. Trump (@realDonaldTrump)"

I mean, everything on a silver platter, an adult, college-educated and still functionally illiterate
Click to expand...
The pride of the US meritocracy. :roll:
 
DIY-HP-LED

DIY-HP-LED

Well-Known Member
How much shit can one idiot cause? Jesus, he'll keep the courts busy for a decade.

www.bloomberg.com

Trump’s Doomed Video Phones Loom in Backdrop of His New Media Launch

Years before he announced plans for a social media and entertainment empire, Donald Trump was promoting another big idea in mass communication.
www.bloomberg.com www.bloomberg.com

Trump’s Doomed Video Phones Loom in Backdrop of His New Media Launch
  • Fraud case centers on the billionaire’s endorsement of device
  • Former president, three of his children to be deposed by June
Years before he announced plans for a social media and entertainment empire, Donald Trump was promoting another big idea in mass communication.

It was pitched as revolutionary: a desktop video phone that would modernize phone calls from the C-suite to the kitchen counter. Starting around 2008, the future U.S. president endorsed the device, sold by a multilevel marketing firm called ACN Opportunity LLC, with claims that people could make easy money peddling it “without any of the risks most entrepreneurs have to take.”

“Trust me -- it’s changing everything,” Trump, who was paid almost $9 million to promote ACN products from 2005 to 2015, said in a promotional video shown at investor events across the country. “The absolute truth is that this technology will be present in every home within the next several years.”

Needless to say, it didn’t work out that way. Skype was gaining ground. Video-calling became ubiquitous on smartphones. And in 2018, four recruits who lost thousands of dollars trying to sell the company’s products filed a class-action fraud suit against Trump and three of his adult children who also promoted ACN -- Donald Jr., Eric and Ivanka Trump. The Trumps, who deny the claims, now face a June 29 deadline to sit for depositions.

The plaintiffs believe they can prove the Trumps lied about their faith in ACN’s products and exploited vulnerable investors for profit without disclosing that they were being paid to promote the company. If they win, damages will be at least $5 million, the judge said in her decision denying the Trumps’ motion to dismiss the complaint, but the number could go much higher if more people join the lawsuit. The lawyers have said that during relevant years ACN had about 200,000 recruits.

The litigation is heating up just as Trump is preparing the biggest business move of his post-presidency career: Trump Media & Technology Group, which aims to take on big tech companies with offerings from social media to streaming. Its Truth Social site -- which will give Trump a platform after he was banned from Twitter and Facebook -- is expected to launch by the end of March, Chief Executive Officer Devin Nunes told Fox Business News last month.
...
 
You must log in or register to reply here.
Top