Trump U Fraud Lawsuits Settled for $25M

by Ian Tuttle

Via CNN:

Donald Trump has agreed to pay $25 million to settle three lawsuits against Trump University.

The deal will keep the president-elect from having to testify in a trial in San Diego that was set to begin November 28.

The settlement ends a suit brought by New York Attorney General Eric Schneiderman, as well as two class action suits in California. About 6,000 former students are covered by the settlement.

In March, Trump defiantly said: “This is a case I could have settled very easily, but I don’t settle cases very easily when I’m right.” Apparently, someone in Trump’s inner circle was able to convince him that settling was a better look than taking the stand as president-elect to defend himself against fraud charges related to what was almost certainly a massive scam.

That person was correct.

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