Behind the collapse of the recession-proof Trump Network
This secondary source from CBS News supports 6 claims across 5 ledger entries.
All sources · Open original source
Claims supported by this source
- analysisdocumented
The record supports the marketing claim, licensing payment and closure chronology, but it does not establish participant-wide losses or an adjudicated fraud finding against Trump.
2009-2011 promotion, licensing terms, participant accounts and closureThe Trump Network's Recession-Proof Marketing Claim: Audit finding · Cited analysis
- factdocumented
Trump promoted the Trump Network as a recession-proof business opportunity during 2009.
2009-2011 promotion, licensing terms, participant accounts and closureThe Trump Network's Recession-Proof Marketing Claim: Promised · Promised
- factdocumented
Trump continued promoting the licensed network through 2011 while receiving compensation for the brand relationship.
2009-2011 promotion, licensing terms, participant accounts and closureThe Trump Network's Recession-Proof Marketing Claim: The record · The record
- factdocumented
Trump personally promoted the network and licensed his name to it.
2009-2011 promotion, licensing terms, participant accounts and closureThe Trump Network's Recession-Proof Marketing Claim: The record · The record
- factreported
The venture closed and its assets were sold after the promotion period.
2009-2011 promotion, licensing terms, participant accounts and closureThe Trump Network's Recession-Proof Marketing Claim: Outcome · Outcome
- factreported
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 closureThe Trump Network's Recession-Proof Marketing Claim: Evidentiary limit · Evidentiary limit