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Trump allegedly got ‘secret payments’ to endorse ACN marketing company

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President Donald
Trump

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  • President Donald Trump and his children are accused of
    “deliberately” scamming Americans by encouraging them to invest
    in a questionable multilevel-marketing company.
  • The lawsuit also names Trump’s children, Donald Jr.,
    Ivanka, and Eric, of luring vulnerable investors to buy into
    three businesses with “a pattern of racketeering
    activity.”
  • Trump was reportedly paid millions of dollars in
    secret, in exchange for promoting one of the companies
    named in the lawsuit.
  • The complaint alleges the Trumps “were aware that the
    vast majority of consumers would lose whatever money they
    invested.”
  • Trump Organization officials questioned the timing of
    the lawsuit, which was filed days before the November 6 midterm
    election.

President Donald Trump and his children are accused of
“deliberately” scamming Americans by encouraging them to invest
in a multilevel marketing company, according to a complaint filed
in federal court on Monday.

The complaint accuses Trump and his children, Donald Jr., Ivanka,
and Eric, of luring vulnerable investors to buy into three
businesses with “a pattern of racketeering activity,” according
to
The New York Times
, which first reported on the lawsuit.

Trump was reportedly paid millions of dollars in exchange for
promoting ACN, a telecommunications marketing company; Trump
Network, another multilevel marketing company which sold vitamins
and health promoting products; and Trump Institute, which
allegedly gave “extravagantly priced multiday training seminars.”

Some of the payments were made in secret, according to the
lawsuit, which also alleges the Trumps “were aware that the vast
majority of consumers would lose whatever money they invested.”

Trump, who allegedly promoted ACN to investors without disclosing
he was being paid, was heard in at least one ACN marketing video
describing the company as being on the “cusp of technological
advancements that will change the way we communicate.”

“I’m here to tell you about a company that provides … essential
components for success,” Trump said in the video.


acn trump
Donald Trump appears on a
promotional video for ACN.


carolinavideophone/YouTube


“That’s probably even better than real estate, I like real
estate,” Trump continued. “But I think this is probably better.
It’s certainly more advanced.”

“You have a great opportunity before you with ACN. Without any of
the risks most entrepreneurs have to take,” Trump added. “Believe
me. It’s ultimately a dream come true.”

The lawsuit was filed on behalf of four anonymous plaintiffs, who
withheld their identities due to “serious and legitimate security
concerns given the heated political environment,” according to
their attorneys.

The plaintiffs reportedly became investors in ACN after watching
Trump’s promotional videos, and were charged a $499 registration
fee to sell products like videophones, The Times and
CNBC
reported on Monday.

ACN, like other multilevel marketing companies, allegedly
advertised incentives for recruiting other investors or sales
staff to join its program.

One plaintiff claimed to have joined ACN in 2014 after attending
a recruitment meeting that included a video of Trump’s
endorsement. After spending thousands of dollars attending other
meetings, she only earned $38 from the company, according to the
lawsuit.

Trump Organization officials questioned the timing of the
lawsuit, which comes days before the November 6 midterm election:
“This is clearly just another effort by opponents of the
President to use the court system to advance a political agenda,”
attorney Alan Garten said to The Times.

“Their motivations are as plain as day,” Garten added.

A spokesman for the plaintiff’s attorneys denied the allegation
and said the lawsuit was filed “because it is ready now,”
according to CNBC.

“No matter when this was filed, the Trump Org would say it was
politically motivated,” the spokesman said.

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