An Indian company that is partnering with the Trump Organization on an office tower project has been accused of running an elaborate real estate swindle that cheated investors out of nearly $150 million, according to complaints filed with Indian authorities. The Trump Organization has licensing agreements with all its Indian business partners, who build the properties and acquire the Trump name in exchange for a fee. The Trump Organization did not immediately respond to requests for comment from the AP. Donald Trump Jr. recently finished a trip through India, promoting properties that have licensed the family name. The Trump Organization has five projects in India, making it the brand's largest market outside the United States.

Source: ABC News March 19, 2018 22:28 UTC