Asserting myriad claims including “racketeering,” conspiracy and fraud, several class action plaintiffs originally sued the Trumps in October 2018 alleging the defendants – by way of “videos, print and online media” – promoted and endorsed a sure-fire loser of a multi-level marketing, or pyramid, scheme known as ACN Opportunity, LLC.
Those endorsements came, the anonymous plaintiffs allege, even though the various Trumps at issue failed to conduct due diligence about the likelihood of economic losses and the slim probability of commercial success from such schemes. And, as it turns out, each of the plaintiffs produced evidence to show that the vast majority of people who were convinced to become “Independent Business Owners” for ACN went on to suffer losses or earned minimal profits.
Instead, the plaintiffs claim, the Trump family simply parroted ACN’s allegedly untrue claims because they were being paid millions of dollars. And those pay-for-play payments to the Trumps were not publicly disclosed at the time their endorsements were made.
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