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CNN blows the lid off a Trump scam that got family to pay $400,000 for a literal hole in the ground

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CNN’s Erin Burnett this week has blown the lid off a scam involving President Donald Trump that saw a California family fork over $400,000 for what they thought would be a luxury condo at a Trump resort — but that turned out to be a literal hole in the ground.

In her report, Burnett talked with a woman named Sandra Sapol, who in 2006 bought a condo at what was supposed to be a new Trump-branded property called the Trump Ocean Resort Baja Mexico.

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Sapol said that a woman selling condos at the resort met with her and showed her brochures of what the resort would look like — and they came complete with an endorsement from Trump himself that guaranteed people would have “the time of their lives” at his new resort.

“Whatever Donald Trump touches turns fantastically gold,” Sapol said in explaining her reason for buying the condo.

But the resort was never built and Sapol lost all the money she invested. On the site of where the hotel was supposed to be constructed is a giant hole in the ground — and nothing more.

“There’s my hole!” Sapol said while choking back tears. “That’s what I bought, my hole!”

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Burnett went on to explain how the people selling the condos were using Trump’s brand under a licensing deal under which they misled buyers into believing they were buying property directly from Trump himself.

“In the brochure, it says, ‘Developed by one of the most respected names in real estate, Donald J. Trump,'” Burnett explained. “In fact, here’s a letter from the developer and Donald Trump’s name is at the bottom!”

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“This looks deliberately misleading because the president’s signature… is right on the bottom of the letter!” commented CNN host Jim Sciutto.

Watch the video below.

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Enjoy this piece?

… then let us make a small request. Like you, we here at Raw Story believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and efforts to harm workers exploited by abusive bosses. We’ve launched a weekly podcast, “We’ve Got Issues,” focused on issues, not tweets. Unlike other news outlets, we’ve decided to make our original content free. But we need your support to do what we do.

Raw Story is independent. You won’t find mainstream media bias here. We’re not part of a conglomerate, or a project of venture capital bros. From unflinching coverage of racism, to revealing efforts to erode our rights, Raw Story will continue to expose hypocrisy and harm. Unhinged from corporate overlords, we fight to ensure no one is forgotten.

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Trump’s ‘clown car’ economic team is totally unprepared to handle a financial crash: CNN’s Catherine Rampell

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Washington Post economics columnist Catherine Rampell on Friday warned that President Donald Trump's team of economic advisers is woefully unprepared to handle a recession should one strike within the next year.

During a panel discussion of this week's economic news, which included a massive drop in the stock market after the U.S. Treasury yield curve inverted, Rampell explained why Americans should be deeply worried about the prospects of a recession under this president.

"They don't have a plan for what to do if things go wrong, and they could go wrong," she said. "We have this clown car of economic advisers... you have a guy who plays an economist on TV, you have a former Hollywood producer. This is not the dream team who will be handling a crisis if we face one."

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CNN’s Anderson Cooper explains why Trump’s Israel gambit was a ‘potentially unconstitutional’ attack on Congress

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CNN’s Anderson Cooper argued Thursday night on his show that President Donald Trump’s latest broadside against Democratic Reps. Rashida Tlaib of Minnesota and Ilhan Omar of Michigan was “potentially unconstitutional.”

Trump, who has routinely targeted the Muslim congresswomen and hypocritically accused them of anti-Semitism, urged Israel on Thursday to bar them from entering the country. Reports suggested that Trump has been pressuring Benjamin Netanyahu’s government to take this step, and the Israeli government wasn’t inclined not to. But after Trump tweeted his opinion, Israel made the ban official.

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CNN’s Anderson Cooper compares Trump to Rogue from X-Men — because everything he touches dies

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On Thursday, during an interview with comedian Stephen Colbert, CNN anchor Anderson Cooper invoked an obscure "X-Men" reference to characterize the destructive tendencies of President Donald Trump — and the way he politically poisons anyone who comes into contact with him.

"The pace of it, I think about the people who work in the White House," said Cooper. "I think President Trump — you know, Dorothy Parker said those born to the storm find the calm very boring. I don't know why he was born to the storm but that chaos—"

"Oh, he creates his own storm," said Colbert. "He takes a big bucket of seawater, throws it in his own face and says, 'I'm a sea captain.' We're going to ride it out, boys. Throw another bucket."

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