The Forgotten Trump Trial.

Started by HighStepper, Aug 09, 2023, 01:06 PM

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HighStepper

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•   President Donald Trump took $8.8 million from a multi-level marketing company called ACN between 2005 and 2015, part of a larger "Apprentice"-tied lifeline that helped save him from financial ruin, according to a New York Times analysis of his tax records.
•   Four anonymous MLM sellers are suing Trump, his company, and his family members, saying their endorsement of ACN led to them losing thousands of dollars.
•   The Trump Organization and ACN's co-founders told Business Insider they believe the lawsuit is no more than a politically motivated attack on Trump.
•   ACN's reputation is defined largely by the intense scrutiny it's faced over the years, with regulators saying sellers are unlikely to make a financial return.
•   Though Trump has tried to distance himself from ACN, he's featured the company in two episodes of "The Apprentice" and has done numerous live events and promotional interviews with them.
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The discrepancy between the ACN/Trump claims and the market reality  go to a more basic issue concerning ACN – the growth of the company itself and the use of exaggerated or false claims to lure consumers to sign on as sales representatives.

When a consumer signed up with ACN as a sales rep, he/she was hustled into buying one or more of the phones. This is after paying about $500 to sign up as a Sales Rep.

ACN promises that big incomes are available to those who buy in and recruit others! With the "great income" offer, ACN could induce thousands to buy the phone and  recruit others who would similarly be induced to buy the device. These "sales" may not have been about demand or need for this video phone, but about need for the income that ACN promised along with the purchase. And the phone purchase was endorsed by the great financial guru, Donald Trump.
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