Donald Trump's Bankruptcies Cost 400 N.J. Workers Millions Of Dollars: Mother Jones Report

Donald Trump's bankruptcies have cost as many as 400 New Jersey workers millions of dollars in losses because of bad investments, according a new report.

At least one of the bankruptcies filed by Trump's former businesses caused his employees to collectively lose millions of dollars in retirements savings while he made millions of his own, according to a report by Mother Jones.

A class action lawsuit brought by Atlantic City employees against Trump Hotels & Casino Resorts, filed after the company's 2004 bankruptcy, claims the GOP presidential nominee encouraged his employees to invest their retirement savings in a stock between 1996 and 2004, the report said. The stock ultimately failed, costing employees more than $2 million.

Read the full Mother Jones report by clicking here.

A spokeswoman for Trump's campaign did not immediately return a message from Mother Jones seeking comment.

Long before he was the Republican nominee for president, Trump lorded over Atlantic City. Not a single visit to the New Jersey seaside resort could go by without seeing Trump's name on a billboard or a building.

He had four casinos in the city that helped give rise to its place as a gambling powerhouse. But Trump's casino fortunes declined over the past 20 years just as the resort fell into rough shape — and a recent blockbuster New York Times report spells out how the billionaire, ironically, benefited even as his own casinos failed, and the city began to crumble.

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