Donald Trump was paid $1.35 million to endorse a North Carolina company once accused of being a pyramid scheme

Donald Trump has released his federally required financial forms for running for president.

There are lots of interesting nuggets, like the fact he still owns his own brand of water bottles called “Trump Ice.”

Or that just three of his dozen books are earning any royalties, although he also owns his own publishing company.

Or, his signature.

But the one that jumped out to us shows how far the Trump brand is worth in some parts of the country: He was paid a total of $1.35 million in speaking fees by a North Carolina-based mid-level marketing company called ACN Inc. to speak three times between February and June of last year.

In 2010, the company resolved accusations with the state of Montana that it was operating as a pyramid scheme.

The state “alleged the company lured Montanans to join ACN by claiming members could earn large sums of money by recruiting new members and selling services,” the Missoulan reported.

The state later determined that the scheme was being carried about by ACN’s independent representatives in Montana, but the company agreed to provide additional training for its representatives.

ACN did not immediately respond to comment.

Meanwhile, if you’re interested in figuring out whether the document proves Trump is worth $10 billion, you won’t find it here. Take what he lists for his holdings in Charlottesville, Va: Two are either worth $5 million, or $25 million,

Which is like a waiter telling you your cheeseburger will either cost $5 or $25, depending on whether the chef gets it right.

Rob covers business, economics and the environment for Fusion. He previously worked at Business Insider. He grew up in Chicago.

 
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