Page 8 - Baja Project News Today : Breaking News, Live Updates & Top Stories | Vimarsana

We need a solution.ut their phones down. introducing... smartdogs. the first dogs trained to train humans. stopping drivers from: liking. selfie-ing. and whatever this is. available to the public... never. smartdogs are not the answer. but geico has a simple tip. turn on "do not disturb while driving" mode. brought to you by geico. one of the things i most love about this project it's in baja, mexico. baja is one of the really hot places. >> reporter: having a second home especially one in baja was a dream. >> american dream.

Building went bankrupt. >> so when they failed which they frequently did, the trumps would make money and then they would say we weren't 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 deception. buyers felt the trumps duped them by exaggerating sales figures to close the deal. take ...

Name. >> i own a franchise. i knew the word licensing but i had never heard it from the mouth or mouths of anybody representing trump baja resort, never. >> look at this letter from the project's developer to buyers in august 2007. one of the two signatures at the bottom, donald j. trump. official brochures made it seem as if he was a developer. >> developed by one of the most respected names in real estate. donald j. trump. >> trump said it too. >> when i build i have investors that follow me all over. they invest in me. they invest in what i build and that's why i'm so excited about trump oc...

Diligence for the project but wouldn't provide details. trump cancelled the deal a month after the election. the same trump org attorney termed it house cleaning. ahead, the most infamous trump business. trump university. >> paid in full by credit card. >> credit card. at a comfort inn with a glow taround them, so people watching will be like, "wow, maybe i'll glow too if i book direct at choicehotels.com." who glows? just say, badda book. badda boom. book now at choicehotels.com.

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 trump's name on this i'll sell these condos more easily or get more attention to it. they say we'll pay you a fee t...