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$55 million. >> everybody else lost, it goes bankrupt, trump walks away with somewhere between $30 million and $50 million. >> everybody else lost and trump earned $30 million to $50 million. how? a big part of the answer, licensing. >> the way it works is somebody else decides to build a building and they say if i put trumps name on this im going to sell these condos. trump, well pay you a fee to put your name on it. >> welcome to -- >> those trump buildings in panama, toronto, soho and baja, m...

Like 400 towers were built at the same time as this one and 399 of them made money. >> marco and robert crib of the toronto star partnered with columbias journalism school to investigate what happened at the trump building in toronto. >> everyone lost money except for trump. that is ultimately the main revelation that we walked away with. >> everyone lost money, but trump. its the bottom line. again and again. he gained, others lost. take panama. how much did he make? >> he made, from what we ca...

Be like how could this have happened? >> trump ocean resort baja, mexico was never built, construction never got beyond this, a giant hole in the ground. >> so theres my hole. thats what i bought, my hole. >> the failure of trump ocean resort baja, mexico was among several trump buildings that failed in the early 2000s. two projects planned for florida, also failed. the soho hotel, it went bankrupt. so did buildings in panama and toronto. >> most people in the city when that tower went bankrupt ...

Losses. >> and there were big losses. dw deposits lost and no buildings completed in baja, fort lauderdale, and tampa. bankruptcy in panama and soho. in the bankrupt buildings, more allegations of deception. buyers felt the trumps duped them but exaggerating sales figures to close a deal. >> the best way to make a sale is to convince someone theyre buying the last ticket. >> trump told the star the building was 70% sold. in 2009 his daughter told cbs it was nearly full. >> we have projects all o...

Bought lot of people with were building condos and none of them went bankrupt. like 400 towers were built at the same time as this one and 399 of them made money e. >> marco town and robert crib of the "toronto star" partnered with columbia journalism school to see what happened. >> everyone lost money except for trump. >> that is ultimately the main revelation that we walked away. everyone lost money but trump. he gained. others lost. take panama. how much did he make? >> from what we can tell,...

And 399 of them made money. >> reporter: mark and robert of "the toronto star" partnered with the journalism school to investigate what happened to the trump building in toronto. >> everyone lost money except trump. >> yeah. >> thats ultimately the main revelation. that we walked away with. >> everyone lost money but trump. its the bottom line. again and again. he gained, others lost. take panama. how much did he make? >> piecing together fragments of information. probably between $30 million an...

Building went bankrupt. >> so when they failed which they frequently did, the trumps would make money and then they would say we werent the developers. we were never the developer of this project. and that was made clear. >> we were just the licensers. >> we are not responsible for your losses. >> and there were big losses. >> deposits lost and no buildings completed in baja, fort lauderdale, and tampa. bankruptcy in panama, toronto and soho. and in those bankrupt buildings, more allegations of ...

Take panama. >> how much did he make? >> he made from what we can tell piecing together fragments of information, probably between 30,000,055 million even though it was a project that went bankrupt, remember? so everybody else lost it goes bankrupt. trump walks away with somewhere between 30 and $50 million. >> right. >> everybody else lost and trump earned 30 to $50 million. how? a big part of the answer, licensing. >> somebody else decides to build a building. they say if i put trumps name on ...

Deposit. the letter confirms were in receipt of a total deposit of $125,000. >> theyd lose every penny. >> its hard when you feel like you have been ripped off by a big name. you start to be like how could this happen. >> trump ocean resort baha mexico was never built. construction never got beyond this. >> so theres any hole. thats what i bought. my hole. >> the failure was among several trump buildings that failed in the early 2000s. is two projects planned for florida also failed. the soho ho...

What happened to the trump building in toronto. >> everyone lost money except trump. >> yeah. >> thats ultimately the main revelation. that we walked away with. >> everyone lost money but trump. its the bottom line. again and again. he gained, others lost. take panama. how much did he make? >> piecing together fragments of information. probably between 30 million and $55 million. it went bankrupt. everybody else lost. he walks away with $50 million. >> everybody else lost. and trump earned 30 to...