Here is a story from the Toronto Star, and it is so fun! It is about the time that the Trumps "built" a Trump Tower in Toronto, and everyone lost millions of dollars except Trump! It is called, "How every investor lost money on Trump Tower Toronto (but Donald Trump made millions anyway)," which is a very good title.
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Trump Toronto Opens, and Buyers Later Sue In April 2012, Trump flies in for the official opening of Trump Toronto. Later in 2012, numerous buyers who lost money on their investments in the units sue Trump Toronto Hotel Management, Donald Trump, and the development company alleging that they were victims of an investment scheme.
The project was so financially embattled that, as the Toronto Star described in October 2017, "every investor lost money on Trump Tower Toronto" except Trump himself, which led numerous buyers to sue Trump Toronto Hotel Management, Donald Trump, and the development company (the suit against Trump was ultimately dismissed).
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· Every Investor Lost Money in Trump Tower Toronto but Trump Still Made Money October 22, 2017 Posted by Mike blog Like Hillary warned us during the campaign-.
Fast forward to 2016 and Trump’s Toronto tower is built but bankrupt – a rare failure in Toronto’s booming downtown condo market. In the last decade, more than 400 condominium towers of 14 storeys or more have been successfully built in Toronto, according to records at City Hall.
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Fraud: How every investor lost money on Trump Tower Toronto while Trump made millions. The Toronto Star reports: Let’s say you’re Donald Trump. It’s 2002 and you’ve agreed to have your name emblazoned across the top of the tallest residential tower in Canada, a $500-million, five-star condo-hotel in downtown Toronto. Here’s.
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How Trump made millions on Trump Tower Toronto, but every investor lost Donald Trump called himself a "genius" for investing in Toronto’s Trump Tower. Behind the scenes, he had no money on.