Former President Donald Trump and his adult children have agreed to sit for depositions in a lawsuit filed by investors who allege the family conned them into making bad investments in businesses the Trumps were promoting.
filed by investors who allege the family conned them into making bad investments in businesses the Trumps were promoting.
“From 2005 to at least 2015, defendants received millions of dollars in secret payments to promote and endorse ACN,” the suit alleges, referring to a multilevel marketing company that was among the businesses the Trumps were endorsing. “In return, Donald J. Trump told prospective investors that ‘[y]ou have a great opportunity before you at ACN without any of the risks most entrepreneurs have to take,’ and that ACN’s flagship videophone was doing ‘half-a-billion dollars’ worth of sales a year.
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