File- In this May 23, 2005 photo, Donald Trump, left, listens as Michael Sexton introduces him at a news conference in New York where he announced the establishment of Trump University. (AP Photo/Bebeto Matthews)
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Those who bought into Trump University ended up paying as much as $34,995 for what was purported to be private mentoring with supposed real estate experts – some of whom Trump himself later acknowledged were unqualified.With past Trump-affiliated business failures, Trump has often distanced himself by noting that his only financial involvement was a branding agreement. In the case of Trump University, however, Trump's ownership is not in dispute – Trump wanted the business for himself.Trump rejected that, Sexton said in a deposition.Other court records and depositions showed that Trump and senior members of the Trump Organization were responsible for reviewing and signing all checks – and that Trump withdrew at least $2 million from the business.Trump reviewed the advertising for Trump University's courses, Sexton said. And he did not believe Trump ever looked at what the three-day seminars included.Trump has defended Trump University by citing surveys in which 98 percent of students reported being pleased with the program.
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