One of the many lawsuits that the Trump Organization and members of the Trump family have faced allegations that they engaged in an illegal pyramid scheme. Attorneys for the company have tried to get the class action lawsuit placed on hold, but Judge Lorna G. Schofield — a federal judge in New York — has refused to stay the case.
In Law & Crime, reporters Matt Naham and Aaron Keller explain, “The class action plaintiffs allege that the Trump family business promoted a multi-level marketing or pyramid scheme known as ACN Opportunity, LLC. ACN, the plaintiffs said, was a ‘get-rich-quick scheme’ that relied on Trump and his family (conning) each of these victims into giving up hundreds or thousands of dollars,’ in violation of various state laws.”
Members of the Trump family named in the lawsuit include President Donald Trump and three of his children: Donald Trump, Jr., Eric Trump and White House Senior Adviser Ivanka Trump. Continue reading.