Trump University Affidavit: Ronald Schackenburgt
Trump University’s live seminars and events were not based on the content of Eldred’s Real Estate Investor Training Program. Instead, Move Dove, who essentially owns that “front-end high pressure speaker scam” world, provided speakers instructors, mentors and salespeaple to Trump University, and these people brought with them their own programs, which turned into Trump University’s programs.
.. 11. While Trump University claimed that its teachers and mentors were all experts in real extate, I believe that most of the instructors, mentors and coaches had very little or no personal experience in the real estate techniques they were teaching, and that Trump University misrepresented their expereiences and successes to the public. I know this because I received complaints from Trump University students about this. For example, David Stamper was a mentor and front end speaker, but his background was in jewelry making and he did not have any personal real estate experience when he was hired by Trump University.
12. From the beginning, Trump University speakers told students to raise their credit card limits so that they could be ready to purchase real estate. In fact, the speakers then told students to use their increased credit limits to purchase the next level of Trump University seminar.
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.. To my knowledge, not a single customer who paid for a Trump University seminar programs went on to successfully invest in real estate based upon the techniques that were taught.