Tuesday, March 9, 2010

Trump Sued For $10 Million Over Never-Built Condos

A group of seven individuals filed suit against Donald Trump, Donald Trump Jr., Ivanka Trump and others for fraud, negligence, accounting and other counts regarding a hotel condominium complex in Baja.

The plaintiffs are seeking at least $10 million dollars in damages.

In court documents obtained by RadarOnline.com, the lawsuit states, "Plaintiffs are a group of individuals who were duped into buying hotel-condominium units that were never built. With the complicity of defendants, the developers of the units depleted Plaintiff's deposits - even though they never broke ground on the project, much less obtained the necessary building permits or construction loans.

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