(CBS NEWS) -- The $40 million lawsuit
New York Attorney General Eric Schneiderman is pursuing against "Trump
University" was motivated by politics and "could very well be a mini
IRS" scandal, the program's namesake charged Monday.
in a statement described Donald Trump's "university" that promised
lessons on how to get rich as an "elaborate bait-and-switch" designed to
get people "to spend thousands of dollars they couldn't afford for
lessons they never got." The real estate mogul-turned-reality TV star
during an appearance on "Fox and Friends" suggested President Obama came
up with the idea to sue his company's for-profit, unlicensed school.
meet on Thursday evening - I get sued by this AG Schneiderman...
Saturday at one o'clock," Trump said. "Think of it. What government in
the history of this country has ever brought a suit on Saturday? I never
heard of such a thing.
obviously did it very quickly, but probably Obama - maybe this is a
mini IRS," he continued, tossing reference to findings that the agency
ahead of the 2012 presidential election targeted conservative groups for
excessive review. "Maybe we have to get the tea party after these
people, because this could very well be a mini IRS."
Monday morning on CNN, Schneiderman said that while he did meet with
the president Thursday, Trump's name never came up: "The president and I
have much more important stuff to talk about than Donald Trump," he
said, clarifying that the subject of conversation was Mr. Obama's speech
on education affordability in Syracuse. "I've never discussed Donald
Trump with the president."
Trump on Monday seemed to
reiterate his attorney Michael Cohen's accusation over the weekend that
Schneiderman is attempting to extort campaign contributions through the
"He sits up in my office asking me for campaign
contributions; he's been there numerous times," Trump said of
Schneiderman. "He's a political hack. He figures by going after Trump,
he can get some publicity, which he will get, but we'll try and make it
as uncomfortable as possible."
State Board of Elections
records show Trump contributed $12,500 to Schneiderman's attorney
general campaign in October 2010, among $136,000 he spent total on New
York races since that year.