Federal judge denies Trump family’s request to drop suit accusing them of promoting pyramid scheme

https://news.yahoo.com/federal-judge-denies-trump-family-210701730.html

Danielle Zoellner
,The Independent•May 19, 2020


A federal judge has refused to halt a class-action suit against President Donald Trump and his family alleging they promoted a pyramid scheme.

Judge Lorna G Schofield in Manhattan denied the Trump family request on Monday for a stay while they challenged a previous ruling for the lawsuit.

The lawsuit, led by four anonymous plaintiffs, claimed that Mr Trump and his children Donald Trump Jr, Eric Trump, and Ivanka Trump were guilty of fraud and false advertising by promoting a multilevel marketing company called American Communications Network (ACN). In exchange, the Trump family allegedly received millions of dollars in secret payments.

The plaintiffs in the lawsuit, which was initially filed in October 2018, also claimed the promotion by the Mr Trump and his children of ACN encouraged them to invest hundreds of dollars into the company, but they never reaped any benefit from the investment.

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