Posted on Jan 1, 2024
Trump set to go to trial over claims he duped investors into backing failed video phone
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Donald Trump is set to face yet another trial this month involving allegations that he duped investors into putting money into a failed video phone.
The little-mentioned civil trial is scheduled to start on January 29, Newsweek reported Monday.
The lawsuit which was filed in 2018 claims Trump was paid millions of dollars to endorse the company ACN, which was marketing a video phone — a technology that became quickly outdated with the advent of smartphones.
The lawsuit claims he used his TV show Celebrity Apprentice to promote the phone, but didn’t disclose a financial connection to ACN, Newsweek reported. The lawsuit claims he said the phones were bringing in “half-a-billion dollars” a year.
The little-mentioned civil trial is scheduled to start on January 29, Newsweek reported Monday.
The lawsuit which was filed in 2018 claims Trump was paid millions of dollars to endorse the company ACN, which was marketing a video phone — a technology that became quickly outdated with the advent of smartphones.
The lawsuit claims he used his TV show Celebrity Apprentice to promote the phone, but didn’t disclose a financial connection to ACN, Newsweek reported. The lawsuit claims he said the phones were bringing in “half-a-billion dollars” a year.
Trump set to go to trial over claims he duped investors into backing failed video phone
Posted from rawstory.com
Donald Trump
Fraud
Lawsuit
Posted 6 mo ago
Responses: 4
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Civil trials actually pose a danger to Donald. And any one who will invest in him deserves to be "duped". If you do not know his pathology by now, you never will!
Rich
Rich
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PO1 William "Chip" Nagel good day Brother William, always informational and of the most interesting. Thanks for sharing, have a blessed day!
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MSG Stan Hutchison
COL John McClellan - and yet, knowing he is a conman, some still want him to be reelected.
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Capt Gregory Prickett
COL John McClellan - "There's a sucker born every minute." David Hannum, often erroneously attributed to P.T. Barnum.
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