Donald Trump has been hit with yet another lawsuit, this time by investors who claim they were victims of fraud by the former president, Bloomberg News reported Thursday.
According to the report, investors claim they were defrauded by Donald Trump through a marketing scheme that resulted in a failed venture during the “Celebrity Apprentice” show.
Trump was set to testify on Oct. 31, but the hearing was rescheduled because of Hurricane Ian, which didn’t hit Trump’s country club.
According to Bloomberg, “Trump, his company, and his three oldest children were sued in 2018 by four investors who claim they were duped by Trump’s promotions into paying thousands of dollars to become independent sellers with ACN Opportunity LLC, which sold a doomed videophone device that the future US president touted as the next big thing.
“The clunky devices were made obsolete by smartphones,” the publication states.
The lawsuit also claims that Trump lied about the investors’ faith in the products and failed to disclose to them that he was being paid to promote the company. Now, the investors intend to question why Trump started pitching the company to viewers around 2008, calling it easy money “without any of the risks most entrepreneurs have to take.”
As noted by Bloomberg, this would be the second deposition Trump must sit for after being questioned under oath on Wednesday in the case over the defamation lawsuit of E. Jean Carroll, who claims the former president raped her in a New York department store in the 1990s.
