NEW YORK–(ENEWSPF)–July 21, 2016. Donald Trump has spent his career lining his own pockets at the expense of others. No business person or contractor has proven too small for Trump to stiff, no single parent or retiree too in-need to escape the target of Trump University’s scams. The truth is that Donald Trump’s business antics have spelled disaster for countless working people and small businesses. Watch here what happened to Michael Diehl, a piano dealer in Atlantic City:
Michael Diehl, Freehold Music Co.: Diehl reportedly received 70 cents on the dollar – and a threat that he would do worse if Trump’s situation came to bankruptcy – for $100,000 worth of grand pianos he sold Trump.
Donald Trump has a long history of refusing to make good on his obligations to pay small businesses and contractors for work.
Marty Rosenberg, Atlantic Plate Glass: Rosenberg’s family business, Atlantic Plate Glass, was contracted to install floor-to-ceiling curtain walls of glass at the Trump Taj Mahal. Atlantic Plate Glass was not paid in full for its work on the Taj Mahal – Trump eventually owed the company more than $1 million, and the company lost $450,000 in its final settlement with Trump.
Andrew Tesoro, Architect: Tesoro designed the clubhouse of the Trump National Golf Club in Westchester, NY. Trump loved it. But when Tesoro sent Trump a bill for his work, he replied through his lawyers: Accept pennies on the dollar or I’ll tie you up in court for years.
Charles Sperry, Baring Industries: Sperry was president of Baring Industries, which had a multi-million dollar contract to provide kitchen equipment to the Trump Taj-Mahal. As Reuters reports, Sperry’s company “eventually received 90 percent of what they were owed…just enough to cover expenses and pay workers, but not enough to realize a profit for Baring’s work.”
Edward Friel, Edward J. Friel Company: Friel’s company never received more than $80,000 of the $400,000 it was owed for completed work on Trump’s casinos in the 1980s. Friel’s son Paul says, “That began the demise of the Edward J. Friel Company… which has been around since my grandfather.”
John Millar, Avalon Commercial: Millar reportedly laid off workers and shut down his marble supply business after Trump owed him nearly $4 million, eventually filing for personal bankruptcy.
Juan Carlos Enriquez, The Paint Spot: USA Today reports that Enriquez “has been waiting more than two years to get paid for his work” at a Trump golf course in Florida.
Nicolas Jacobson, Classic Chandeliers: Trump paid Jacobson 50% of the cost of three chandeliers for his Mar-A-Lago estate, then Trump sued Jacobson, claiming he didn’t owe the rest of the money because Trump claimed the lights weren’t installed properly.
Larry Walters, owner of a Las Vegas drapery factory: Settled with Trump for nearly $400,000 less than Trump owed him because Trump was “going to drag it on for many, many years.”
Trump University? Former employees call it a “total lie,” yet Trump still walked away with $5 million from it.
Wall Street Journal: Ex-Employees Criticize Trump University, Calling It ‘Scheme’ and ‘Total Lie’
Time: The records indicate, for example, that Trump University collected approximately $40 million from its students–who included veterans, retired police officers and teachers–and that Trump personally received approximately $5 million of it, despite his claim, repeated in our interview, that he started Trump University as a charitable venture.
Trump Institute? A Trumpian get-rich-quick scheme, plagiarized lessons and all.
New York Times: Trump Institute Offered Get-Rich Schemes With Plagiarized Lessons
Tampa Bay Times: The events promised “Donald Trump’s ‘secret recipe’ for success — a combination of the right knowledge and the right mind set to create unlimited riches”….In the four years Trump Institute operated out of Boca Raton, complaints to the state streamed in from customers across the country who felt underwhelmed, trapped or simply ripped off.
Trump Mortgage? Peddled sub-prime loans and left bills unpaid when it shuttered after 18 months.
Washington Post: Within 18 months, as the experts’ worst fears began to pan out and home prices began to dip, Trump Mortgage closed, leaving some bills unpaid and a spotty sales record that fell short of Trump’s lofty predictions.
Washington Post: Employees often made cold calls to people seeking to refinance or originate loans, many of them “sub-prime,” meaning the borrowers had poor credit histories.
Failed Baja California condo project? Trumps collect $500,000, buyers left empty-handed and betrayed.
Los Angeles Times: “When the project went south, no one from the Trump organization even contacted us to take responsibility,” Sapol said. “We were misled — all the marketing materials, the brochures, the name of the building, the fact that Trump’s daughter was at the event, saying she and her brother bought units.”…Soon after losing her deposit, she and everyone else at the aerospace office where she worked in Westlake Village were laid off. Her condo in Canoga Park went into foreclosure. When lawyers in the fraud suit invited her to join the case, she had no money to take part. “No savings, 401K, home equity, job, nothing,” she wrote to them in an April 2010 letter.