FILE - This March 15, 2013 file photo, Donald Trump speaks at the 40th annual Conservative Political Action Conference in National Harbor, Md. On Tuesday, May 14, 2013, Trump is expected to testify at federal court in Chicago where several of his companies have been named in a lawsuit filed by an 87-year-old investor who says she was lured into buying condos at his namesake Chicago skyscraper with promises of a profit-sharing deal that was later quietly withdrawn. (AP Photo/Manuel Balce Ceneta, File)
ALBANY, N.Y. New York's attorney general is suing Donald Trump for $40 million, saying the real estate mogul helped run a phony "Trump University" that promised to make students rich but instead steered them into expensive and mostly useless seminars.
Attorney General Eric Schneiderman says many of the 5,000 students who paid up to $35,000 thought they would at least meet Trump. Instead, Schneiderman says all they got was their picture taken in front of a life-size picture of Trump.
Schneiderman filed suit Saturday against the program and Trump, accusing them of engaging in persistent fraud, illegal and deceptive conduct and violating federal consumer protection law. He seeks the $40 million mostly to pay restitution to consumers.
There was no immediate comment from Trump's spokeswoman Saturday.