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General News 5/13/2011 at 12:58 PM EDT H3'ed 5/13/11

Feeling Deceived Over Homes That Were Trump in Name Only

Quicklink Submitted By Sheila Samples 1 comment

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Sheila Samples

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When three of the planned "Trump" buildings encountered financial trouble, it became clear that Mr. Trump had essentially rented his name to the developments and had no responsibility for their outcomes, according to buyers. In each case, he yanked his name off the projects, which were never completed. The buyers lost millions of dollars in deposits even as Mr. Trump pocketed hefty license fees.

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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

Related Topic(s): Donald Trump; Financial Investment Schemes; Homebuilders; Homeownership; Housing Scams, Add Tags

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