Showing posts with label lack of due dligence. Show all posts
Showing posts with label lack of due dligence. Show all posts

Wednesday, June 29, 2016

Trump Institute Offered Get-Rich Schemes With Plagiarized Lessons; New York Times, 6/29/16

Jonathan Martin, New York Times; Trump Institute Offered Get-Rich Schemes With Plagiarized Lessons:
"Yet there was an even more fundamental deceit to the business, unreported until now: Extensive portions of the materials that students received after paying their seminar fees, supposedly containing Mr. Trump’s special wisdom, had been plagiarized from an obscure real estate manual published a decade earlier.
Together, the exaggerated claims about his own role, the checkered pasts of the people with whom he went into business and the theft of intellectual property at the venture’s heart all illustrate the fiction underpinning so many of Mr. Trump’s licensing businesses: Putting his name on products and services — and collecting fees — was often where his actual involvement began and ended."