From the complaint document (page 42): Speaking from a position of apparent authority as a self-proclaimed business expert, Trump portrayed ACN as a business with strong fundamentals and sound...
From the complaint document (page 42):
Speaking from a position of apparent authority as a self-proclaimed business expert, Trump portrayed ACN as a business with strong fundamentals and sound management:
When evaluating a business opportunity, people need to look for strong leadership, a solid track record, success stories, a strong product people really need and want, and a clear plan for the future. ACN has all of these things.
In sum, Trump told his audiences: "I know what it takes to be a success, and ACN has a winning business model. And I mean -- winning."
Trump's claim about the profitability of the ACN business opportunity was false. As alleged above, only 1% of IBOs [Independent Business Owners] were able to earn a satisfactory income -- every regulatory agency to have studied the matter has concluded that the costs to IBOs greatly exceeds their returns.
These are the charges listed: Racketeering in Violation of the Racketeering Influences and Corrupt Organizations Act, 18 U.S.C. Section 1962(c) Conspiracy to Conduct the Affairs of a Racketeering...
These are the charges listed:
Racketeering in Violation of the Racketeering Influences and Corrupt Organizations Act, 18 U.S.C. Section 1962(c)
Conspiracy to Conduct the Affairs of a Racketeering Enterprise, 18 U.S.C. Section 1962(d)
Dissemination of Untrue and Misleading Public Statements in Violation of California Business and Professions Code Section 17500 et seq.
Unfair Competition in Violation of California Business and Professions Code Section 17200 et seq.
Unfair and Deceptive Trade Practices in Violation of Maryland Consumer Protection Act, Md. Code Ann., Com. Law Section 13-301
Unfair and Deceptive Acts or Practices in Violation of Pennsylvania Unfair Trade Practices and Consumer Protection Law ("UTPCPL") 73 Pa. Stat. Ann. Section 201-4(4) et seq.
From the complaint document (page 42):
Speaking from a position of apparent authority as a self-proclaimed business expert, Trump portrayed ACN as a business with strong fundamentals and sound management:
In sum, Trump told his audiences: "I know what it takes to be a success, and ACN has a winning business model. And I mean -- winning."
Trump's claim about the profitability of the ACN business opportunity was false. As alleged above, only 1% of IBOs [Independent Business Owners] were able to earn a satisfactory income -- every regulatory agency to have studied the matter has concluded that the costs to IBOs greatly exceeds their returns.
These are the charges listed: