Trump tries to pull wool over publics eyes
Back in April of 2006 Donald Trump announced that he was launching Trump Mortgage to inject integrity back into the mortgage industry. Yet within the first 6 months there areĀ allegations of false claims by E.J. Ridings, the selected head of Trump Mortgage. Ridings stated “The housing boom has attracted a lot of people into this business, not all of them honest”. Yet Ridings himself is alleged to have made false claims about his qualifications.
Last week, after inquiries into the claims Trump Mortgage made changes to it’s web site and removed the claims it contained about Riders past.
First it claimed that Rider was a “a top executive at one of Wall Street’s most prestigious investment banks.” FALSE
Second, the bio had said that Ridings was an “established leader” at one of New York’s leading mortgage boutiques. FALSE
Third, the bio said he had 15 years of experience in the financial industry. FALSE
Ridings has never been a top professional on Wall Street. When asked about the allegations heĀ stated that the claim of top professional referred to an 18 month period that he was a stock broker for Mortgage Stanley…lol.
Even that was a major stretch of reality. According to documents from the New York State Attorney General’s office, Ridings worked at Morgan Stanley’s brokerage subsidiary Dean Witter Reynolds in the fall of 1998 for less than three months. During that time, he was a registered broker for six days before leaving the firm.
Here is one of the wealthiest men in the world that has the power to make a difference and he selects a man that he has not checked out. Chump Mortgage has already made a name for itself.
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