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Behind the collapse of the recession-proof Trump Network

CBS News

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Reporting cited here

  1. documented

    The marketing claim, the licensing payment and the closure chronology are all supported. Participant-wide losses are not, and no fraud finding against Trump was adjudicated.

    2009-2011 promotion, licensing terms, participant accounts and closure

    The Trump Network's Recession-Proof Marketing Claim: Audit finding · Cited analysis

  2. documented

    Trump promoted the Trump Network as a recession-proof business opportunity during 2009.

    2009-2011 promotion, licensing terms, participant accounts and closure

    The Trump Network's Recession-Proof Marketing Claim: Promised · Promised

  3. documented

    Trump continued promoting the licensed network through 2011 while receiving compensation for the brand relationship.

    2009-2011 promotion, licensing terms, participant accounts and closure

    The Trump Network's Recession-Proof Marketing Claim: The record · The record

  4. documented

    Trump personally promoted the network and licensed his name to it.

    2009-2011 promotion, licensing terms, participant accounts and closure

    The Trump Network's Recession-Proof Marketing Claim: The record · The record

  5. reported

    The venture closed and its assets were sold after the promotion period.

    2009-2011 promotion, licensing terms, participant accounts and closure

    The Trump Network's Recession-Proof Marketing Claim: Outcome · Outcome

  6. reported

    CBS reported that Trump licensed his name and promoted the venture; the cited sources do not show that he operated its daily business.

    2009-2011 promotion, licensing terms, participant accounts and closure

    The Trump Network's Recession-Proof Marketing Claim: Evidentiary limit · Evidentiary limit