Monday, November 21, 2016

Trump will pay $20 million to settle Trump University fraud cases, sources say

By Laura Clawson
Friday Nov 18, 2016 · 2:29 PM EST

Donald Trump had been committed to fighting the lawsuit against his “Trump University,” but apparently he’s had second thoughts about the prospect of going on trial for fraud right after being elected president and is considering a settlement.

If finalized, the settlement would eliminate the possibility that Trump would be called to testify in court in the midst of his presidential transition. A deal would end three suits against him, including a California class action case that was scheduled to go to trial later this month, as well as a second suit in that state and one brought by New York Attorney General Eric Schneiderman.

Settlement terms under negotiation could result in a payment from Trump in the range of $20 million to former customers of the business who have claimed they were defrauded, the person said. Trump would likely admit no wrongdoing, however.
In addition to attacking the Mexican heritage of Judge Gonzalo Curiel, Trump had repeatedly bragged that he was going to go to court and win:

Trump’s San Diego statements included an attack on Federal District Court Judge Gonzalo Curiel, who was overseeing the California cases, and a promise: “If we have a trial, we’ll go all the way,” he said then. “Watch how we win it.”
But as we know, Trump lies.

The real question is, will Trump himself actually pay this settlement, or will he find a way to get a charity to do it for him? Or, hey, maybe he’ll get a head start on turning government money into personal profit.

Read more
http://www.dailykos.com/stories/2016/11/18/1601438/-Trump-will-pay-20-million-to-settle-Trump-University-fraud-cases-sources-say

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