Trump University targeted AZ's housing crash

Posted at 7:05 PM, Jun 01, 2016
and last updated 2016-06-02 14:17:49-04

Donald Trump's Trump University tried to get students to invest in Arizona's housing crash, according to a court case out of California.

Among the hundreds of pages of documents released in a federal court case, a 2007 memo shows that Trump University enrollment counselors were to tell students of the "tremendous opportunity" to invest in "hot" foreclosure markets, such as Arizona and Texas.

See the full memo below:


The 2008 housing crash ravaged Arizona's economy. The economic downturn dried up construction jobs and lowered housing prices. 

A Trump campaign spokeswoman could not be reached for comment Wednesday. A trial date is expected after the November presidential election.