Trump Deposed In 2018 Videophone Fraud Lawsuit

Bloomberg News reports:

Lawyers for investors who claim they were defrauded by Donald Trump more than a decade ago finally got a chance to depose the former president about his marketing of a failed videophone venture on “Celebrity Apprentice,” according to a person familiar with the matter.

Trump, his company and his three oldest children were sued in 2018 by four investors who claim they were duped by Trump’s promotions into paying thousands of dollars to become independent sellers with ACN Opportunity LLC, which sold a doomed videophone device that the future US president touted as the next big thing.

The clunky devices were made obsolete by smartphones. According to the suit, the Trumps lied about their faith in its products and also failed to disclose they were being paid to promote the company.

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