Trump accused of scamming students

Billionaire Donald Trump faces a $40 million lawsuit from the state of New York claiming he defrauded students.

Donald Trump,he is facing a huge lawsuit from the state of NY.The attorney general says the billionaire moguls Trump University committed frand and scammed students for thousands of dollars.CNN business correspondent A join me now from NY.So A,what's this all about?How much money is the state trying to get out of Donald Trump or recover?

It was trying to get 40 million dollars,which the NY state attorney general office says it wrongly took from people who took these classes at Trump school.Now we know Donald Trump,he hasn't shied away from public dustup,but if you look at somebody's allegations,they are really shocking,considering he is one of the most famous billionaires.Now NY state is suing and his investment school,that was called Trump University,for making faulse promises about its classes.They are calling it an elaborate bay and switch.The lawsuit says that students were told if they took part in seminars that they could learn Donald Trump's investing techniques.Now the lawsuit claims read like a menu of accusations,saying in part that the university which the attorney general A says wasn't a licensed university at all.That was shamed that a lot of prospective students to get into a free 90 minutes seminar that really was the sales pitch to really get them into a 3-day $1500 seminar and that they favor that 3-day seminar,it became what as the lawsuit calls an upsell to pay for yet another year long seminar that cost 35000 dollars.One thing interesting that I saw in this lawsuit F is that S is alleging that these speakers who were teaching these students,urged these students to call their credit card companies during breaks in the sessions to request increase in their credit limits for what the speaker say were real eastate transactions.But what the state is saying the reality was it was so, students could buy even more with this Trump University.

Oh,I get it,so now what is the response coming from Donald Trump himself?

Ok,one lawyer talked with CNN saying that the suit has no merit,it's nothing more than a cheap publicity stunt to deflect from S's weak job performance,saying maybe that S's government,the attorney general office should pay more of their attention on the use of tax dollars and bring into justice those who were responsible for the financial meltdown,that coming form the lawyer.And of course,we know Donald Trump,definitely not hesitate to speak out on twitter,he tweeted today saying, lightweight NY state attorney general Eric is trying to extort me with a civil lawsuit.And then you can also see if you go on to Donald Trump's twitter feet,you can see how he was retweeting a lot of people who are supporting him as this lawsuit goes back and forth.

Wow,it's a messy situation,all right and something tells me it's just the tip of the iceberg.